Hong Kong's Rule Of Law Is Sound: Teresa Cheng

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

"); });
2021-12-22 HKT 17:51
Justice Secretary Teresa Cheng said on Wednesday that Hong Kong's rule of law “has never been shaken” and many accusations made regarding the national security law are groundless.
Speaking on an RTHK programme, Cheng said the government has always acted in accordance with the law, and the city is undergoing a transformation from chaos to order and prosperity.
She added that with stability returned and changes in the electoral system implemented, now is the time for Hong Kong to play to its strengths.
The secretary said the territory should consolidate its role as an international arbitration centre.
Cheng said the government is also trying to work out a scheme that would allow Hong Kong companies in the Greater Bay Area to use Hong Kong law for making contracts and settling disputes by arbitration.
She also said that in recent years many young people were misled into thinking they could achieve their goals by unlawful means. She said she hoped to promote the rule of law to young people, through “Vision 2030 for Rule of Law” – an initiative she is leading.
TOPPAN Edge Becomes Japans First Qualified VLEI Issuer
The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more
SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more
Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin
South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more
China Funds Research On Stablecoins And Cross-Border Oversight
China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more
XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership
XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more
Brinc Launches VentureVerse Through Acquisition Of OG Club
Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more