Law To Allow Mainland Security Agents Into HK
"); jQuery("#212 h3").html("

"); });
2020-05-22 HKT 10:27
Beijing intends to draw up a law to "prevent, stop and punish" any acts of secession, subversion or terrorism activities in Hong Kong that threaten national security, with mainland agencies free to set up bases in the SAR if they wish.
A resolution to be voted on by NPC delegates would also authorise the NPC Standing Committee to legislate against intervention by foreign forces in Hong Kong affairs, with the legislation to be added into Annex 3 of the Basic Law.
In order to ensure national security isn't compromised, the resolution says any relevant Beijing departments would be able to set up organisations in Hong Kong "according to needs".
NPC vice-chairman Wang Chen said the SAR government has failed to bring in national security legislation under Article 23 of the Basic Law, and the issue has been "demonised".
He said there is a risk that the matter will be stalled for a long time, but the risks to national security have been brought clearly into focus since social unrest broke out in Hong Kong last year.
Binance Pay And TBCASoft Enable QR Payments Across Merchant Networks In Japan
Binance Pay has partnered with TBCASoft to enable QR code payments through the HIVEX Network, starting with a planned r... Read more
OSL Launches AgentPay For AI Agent Stablecoin Payments
OSL Group has launched AgentPay, a stablecoin payment infrastructure designed to enable AI agents to execute autonomous... Read more
The Biggest AI Governance Gap In APAC Lies In Proof And Traceability
AI has outgrown the role of an assistant, now moving money, approving transactions, and carrying out multi-step tasks w... Read more
HSBC Sells Tokyo HQ As It Prepares For 2029 Relocation
HSBC has sold its Tokyo headquarters building to a unit of Mitsubishi HC Capital, according to Bloomberg. The sale come... Read more
Why Multi-Currency Cards Need More Than Card Issuing
Tap a multi-currency card in Tokyo, and the payment looks no different from any other card transaction. Behind the tap,... Read more
China CITIC Bank Names Wang Junwei As CEO
China CITIC Bank International (CNCBI) has appointed Wang Junwei as its Executive Director and Chief Executive Officer,... Read more
