Judges And Colleagues Get Pay Rise
"); jQuery("#212 h3").html("

"); });
2022-10-26 HKT 14:59
Judges and judicial officers are to see their pay increase by 2.5 percent, the government confirmed on Wednesday.
The Executive Council approved the increase, which will be backdated to April 1, accepting the recommendation of the Standing Committee on Judicial Salaries and Conditions of Service chaired by Wong Yuk-shan.
A government spokesman said the recommendation had taken into account factors including judges’ workload, recruitment and retention in the judiciary, unique features of the judicial service such as the security of tenure, the prestigious status and high esteem of judicial offices, and a prohibition against their return to private practice in Hong Kong.
The cost of living and general economic situation in the SAR, as well as pay trends in both government and private sectors, were also referenced.
The government will seek the approval of the Finance Committee of the Legislative Council on the proposed pay adjustment.
In July, lawmakers approved a 2.5 percent pay increase for civil servants.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more
