No Need For Independent Probe: Patrick Nip
"); jQuery("#212 h3").html("

"); });
2019-08-10 HKT 10:12
The Secretary for Constitutional and Mainland Affairs, Patrick Nip, has rejected the idea of an independent probe into the extradition bill, saying it's unnecessary.
Nip said on Saturday the Independent Police Complaints Council IPCC) is quite capable of investigating the extradition bill saga.
He added that it's already started its work, so a reform within the council is not an option.
"I think the best way to do it is to let the IPCC do these studies, and when the results, the outcome is available ...we can see whether it has actually addressed the concerns," Nip said.
The IPCC has said a report on an investigation into anti-extradition bill protests will be ready in six months and it hoped to publicise it when it was finished.
HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens
The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more
Tazapay Secures Money Service Operator License In Hong Kong
Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more
Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%
Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more
FWD Group Reports US$720M In New Business Sales As Expansion Continues
FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more
WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability
WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more
Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea
Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more