Oaths Of Seven District Councillors 'questionable'
"); jQuery("#212 h3").html("

"); });
2021-09-10 HKT 20:21
The government said it has asked seven district councillors who swore oaths of allegiance on Friday for information before deciding if they would be disqualified from office.
It said the Home Affairs Secretary Caspar Tsui, the oath administrator, found the validity of the seven’s oaths questionable.
The seven councillors are Clarisse Yeung and Leung Pak-kin from the Wan Chai district council, Wei Siu-lik, So Yat-hang, Chan Wing-tai and Lai Tsz-yan from Eastern district, and Southern district's Michael Pang.
Yeung and Pang have both been charged with violating the national security law by taking part in a primary election organised by the pro-democracy camp last year. Both were able to take their oaths in person as they had earlier been released on bail.
Leung said on social media that he received a letter from the authorities and has until 5pm on Monday to reply.
The other 17 Hong Kong island councillors who turned up at the oath-taking ceremony could keep their seats.
The only Hong Kong island councillor who didn’t show up, Peter Choi, meanwhile, has been disqualified with immediate effect.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more
