Sanctions, Criticism Won't Deter Us, Carrie Lam Says

"); jQuery("#212 h3").html("

"); });
2020-10-01 HKT 09:16
The Chief Executive Carrie Lam has marked National Day by lashing out at foreign governments who've been criticising Hong Kong's national security law, saying the legislation has restored social order to the SAR after months of anti-government unrest.
In her speech at the National Day reception at the convention centre in Wan Chai, Lam said she and her administration are committed to fully implementing the legislation imposed in July by Beijing.
“Even if some governments that hold double standards level unreasonable accusations against local agencies that enforce the law, or even belligerently impose further so-called sanctions against SAR officials who safeguard national security, my relevant colleagues and I will continue to unwaveringly and lawfully fulfill our duty to safeguard national security without fear or favour”, Lam told the audience to a round of applause.
The CE also said the law has restored social order to Hong Kong following last year's social unrest.
She said it’s clear for all to see that a safe and stable environment is necessary for Hong Kong to overcome its economic challenges, and to satisfy the people’s demand for democracy and a better livelihood.
“The undisputable truth that’s been placed before our eyes over the past three months is that stability has been restored in Hong Kong. National security is being protected in the SAR, and people can once again enjoy their basic rights and freedoms”, she said.
The CE also lavished praise on the mainland's achievements in overcoming the coronavirus pandemic, saying their recovery is one lone bright spot among the world’s largest economies.
Lam said this further shows how the focus of the global economy is shifting from the west, to the east.
And Beijing’s support to Hong Kong on the city’s universal testing scheme, she said, once again demonstrates the country’s firm backing to the SAR.
No matter what challenges Hong Kong faces, she said, the central authorities are always the strong shield that helps preserve the city’s prosperity.
The CE stressed that Hong Kong can address its economic woes by seizing upon new opportunities for growth with the support of the central authorities.
Future Fintechs Hong Kong Subsidiary Seeks VASP And Asset Management Licenses
Future Fintech, a financial and digital technology services provider, announced that its wholly owned Hong Kong subsidi... Read more
Can Regulation Scale With Innovation? Inside The Stablecoin Plans Of HK And The U.S.
Back in 2022, stablecoins were still an emerging topic. Yet, they stirred enough flurry for the Hong Kong Monetary Auth... Read more
Cyberport Start-ups Forge Regional Fintech Ties At MyFintech Week 2025 In Malaysia
Cyberport led a delegation of its fintech start-ups to MyFintech Week 2025 (MyFW 2025), held in Kuala Lumpur from 4 to ... Read more
Hong Kongs Stablecoin Law Triggers Industry Concerns Over KYC Rules
Hong Kong’s newly implemented stablecoin law, in effect since 1 August, has sparked concern among some in the industr... Read more
Stopping Fraud At The Gate: The New Imperative For Registration & Transaction Monitoring
The Asia-Pacific fintech landscape is thriving, fueled by the rapid adoption of digital payments, online banking and al... Read more
Hong Kong Private Banks See 14% Growth, Hire 400 More Wealth Managers
Hong Kong’s private banking and wealth management sectors are poised for further growth in hiring and office expansio... Read more