NPC Approves New Security Law For HK
"); jQuery("#212 h3").html("

"); });
2020-05-28 HKT 15:15
Beijing's top legislature has approved plans for national security legislation for Hong Kong that bans “activities” that endanger national security, but makes no reference to foreign judges being barred from handling such cases.
The resolution was submitted before the National People's Congress (NPC) on Thursday afternoon and approved by 2,878 votes to 1 and 6 abstentions.
The NPC’s Standing Committee will now draft the exact wording of the legislation in the coming months, before it is added to Annex III of the Basic Law and applied to Hong Kong through promulgation.
The chairman of the NPC Standing Committee, Li Zhanshu, said the decision was in line with the ‘One Country, Two Systems’ principle, as well as the “fundamental interests of the people in the mainland and the Hong Kong residents.”
Speaking as he announced the closing of congress’s plenary session this year, Li said the legislation would safeguard national security, sovereignty, and development interests, as well as Hong Kong’s long-term prosperity and stability.
The resolution approved by the NPC paves the way for the setting up of mainland security agencies in Hong Kong, in order to uphold national security within the SAR.
But despite some suggestions from a Hong Kong delegate to the NPC, the idea of barring foreign judges from handling relevant cases in local courts has not been included.
The final version of the resolution confirmed an RTHK report that the scope of the draft legislation had been expanded.
The latest paper says the law will cover not just "acts" that threaten the state, but also "activities" that endanger national security. Some critics have raised concerns that this is too wide and could be used to even target bystanders during a demonstration.
In its preface, it said the NPC saw the risk to national security in Hong Kong had becoming obvious in recent years, highlighting activities that advocate "Hong Kong independence, secession and terrorism".
It said these illegal activities have seriously endangered national sovereignty, and that some foreign forces have publicly intervened into Hong Kong affairs, making use of the city in activities that endanger China’s security.
______________________________
Last updated: 2020-05-28 HKT 16:00
Ant Internationals Ant Bank And Bettr Selected For Hong Kongs GenAI Sandbox++
Digital bank Ant Bank and embedded financial solutions provider Bettr have been selected to participate in Hong Kong’... Read more
Visa And BOCHK Tapped For Hong Kong AI Sandbox To Test Agent-Initiated Commerce
Visa has announced that it is partnering with Bank of China (Hong Kong) (BOCHK) in the GenA.I. Sandbox++. With the Visa... Read more
Hong Kong Regulators Pick 36 Agentic AI Use Cases For GenA.I. Sandbox++
The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and... Read more
Finloop And Yunfeng Financial Become Latest Anchorpoint Authorised Distributors
Finloop and Yunfeng Financial have joined Anchorpoint’s HKDAP stablecoin beta access programme as authorised distribu... Read more
Standard Chartered Becomes First Bank To Distribute HKDAP Stablecoin
Standard Chartered Bank (Hong Kong) Limited (SCBHK) has become the first bank distributor of HKDAP, the Hong Kong dolla... Read more
Lianlian DigiTech Profit Doubles In H12026, Agent Wallet Pushes To Address Payment Needs
Lianlian DigiTech Co., Ltd, a payment service provider headquartered in China, reported its interim results for the fir... Read more