Finance Group Wants Vaccine Passports For HK

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

Related News Programmes

"); });

2021-10-26 HKT 10:05

Share this story

facebook

  • The Asia Securities Industry and Financial Markets Association wants Hong Kong to shorten a mandatory 21-day quarantine for inbound travellers. Photo: RTHK

    The Asia Securities Industry and Financial Markets Association wants Hong Kong to shorten a mandatory 21-day quarantine for inbound travellers. Photo: RTHK

The Asia Securities Industry and Financial Markets Association warned on Tuesday that Hong Kong's current quarantine measures could threaten the SAR's status as an international finance centre and its long-term economic recovery and competitiveness, as it urged the government to consider vaccine passports.

Its chief executive, Mark Austen, said there was "a lack of a plan" going forward.

"There's a lack of certainty and businesses and individuals really need certainty," Austen told RTHK, while stressing that the government deserved plaudits for its success in fighting the pandemic.

"It's kept Hong Kong safe and it's allowed us to live within this bubble. But now we really need a plan to get out of this. That's one of the major, major concerns," Austen said.

He said the 21 day quarantine period for some inbound travellers seemed excessive, noting that between June and August more than 160,000 people entered the SAR and only two people tested positive in the last seven days of their 21 day quarantine - or a rate of 0.001 percent.

"That's very, very low, so we'd like to see that change," Austen said.

He also called for the government to push the vaccination rate, and suggested it could require vaccine passports for all public events and for restaurants. He said this could also be a requirement for all public and private sector employees.

______________________________



Last updated: 2021-10-26 HKT 10:16

RECENT NEWS

China To Inject US$44 Billion Into State Banks To Boost Tech And Curb Risks

China said it will inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic r... Read more

Hong Kong Regulators Expand GenAI Sandbox To Insurance, Securities And MPF Sectors

The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandato... Read more

South Korea To Cap Crypto Exchange Ownership At 20%

South Korean regulators and lawmakers have agreed to cap major shareholder stakes in cryptocurrency exchanges at 20%, d... Read more

DBS Hong Kong Partners With Know Your Customer To Automate SME Onboarding

Know Your Customer Limited, a provider of automated business verification solutions, has partnered with DBS Hong Kong t... Read more

Hong Kong Banks Extend Loan Repayment Relief For Tai Po Fire Victims

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have met to discuss additional su... Read more

Hong Kong And Macao Deepen Financial Cooperation With Updated Agreement

The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting on March 3 to strengt... Read more