EU 'deplores' Hong Kong Security Law

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2020-06-30 HKT 17:50

Share this story

facebook

  • EU 'deplores' Hong Kong security law

The European Union expressed anger on Tuesday at a decision by Beijing to pass national security legislation for Hong Kong despite an international outcry.

"We deplore the decision," EU Council President Charles Michel told a news conference following a video summit with South Korean President Moon Jae-in.

"This law risks seriously undermining the high degree of autonomy of Hong Kong and having a detrimental effect on the independence of the judiciary and the rule of law," he said.

The EU has warned of serious consequences over the security law for Hong Kong.

Last week, the European Parliament urged the bloc to take China to the International Court of Justice in The Hague, the United Nations' highest legal body, if Beijing went ahead.

Both Michel and the head of the European Commission, Ursula von der Leyen, last week held a video summit with the Chinese leadership and raised the Hong Kong issue.

Following Tuesday's South Korea-EU summit, where Hong Kong was again discussed, von der Leyen said the bloc is now discussing with "international partners" any possible measures in response, but did not go into details.

"We will pay careful attention on how to respond," von der Leyen said. (Reuters)

RECENT NEWS

China CITIC Bank Launches Payment Connect Services To Support Cross-Border Transactions

China CITIC Bank International Limited (CNCBI) has announced it will introduce services and a customer offer related to... Read more

Eddid Financial Secures SFC Approval For Digital Asset Services

Hong Kong’s Eddid Financial has announced that its subsidiary, Eddid Securities and Futures, has received approval fr... Read more

Hong Kong Customs Uncovers HK$1.15B Virtual Asset Money Laundering Scheme

Hong Kong Customs has uncovered a suspected money laundering operation involving cash smuggling and virtual assets tota... Read more

Lendela Partners With TransUnion To Launch Free Credit Score Tool In Hong Kong

Lendela, a loan matching platform based in Hong Kong, has partnered with credit reference agency TransUnion through a c... Read more

Hex Trust Appoints Rohit Apte As Head Of Markets

Hex Trust, a digital asset financial institution specialising in custody, staking, and markets services, has appointed ... Read more

Scaling Across APAC: Why Cross-Border Payments Matter More Than Ever

In today’s digital-first economy, the Asia-Pacific (APAC) region has emerged as a global hotspot for fintech innovati... Read more