'HK People Being Kept In The Dark About The New Law'

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

"); });
2020-06-26 HKT 18:33
A prominent law expert on Friday slammed the central government’s approach in drawing up a national security law for Hong Kong, saying people in the city are being kept in the dark about it.
HKU principal lecturer Eric Cheung said this would only create more worries in society about its contents.
The law expert said though details of the law were not out yet, he was worried that it might fully apply a broad definition of national security under mainland law, which was amended in 2015.
That definition is very far reaching, he said. “It covers not only the traditional concept of national security, but also what they call non-traditional concepts. It basically includes everything.”
Cheung explained that the law includes political and economic stability, and other issues such as environmental protection.
He said while this is yet to be confirmed, he doubts that the definition of national security under the Hong Kong law would differ from that of the mainland's.
Cheung also said Beijing used to have genuine respect for the opinions of the people of Hong Kong, noting that there were widespread consultations held in the years-long process of drafting the Basic Law.
Now, he says, Beijing is just running through the procedures.
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