UK Minister's 'deep Concern' Over HK Extradition
"); jQuery("#212 h3").html("

"); });
2019-05-15 HKT 04:38
Britain's minister for Asia has told Parliament his country is "deeply concerned" at the Hong Kong government's attempts to push through changes to the extradition law that would open up the possibility of suspects being sent to the mainland for trial.
Mark Field faced questions from government and opposition lawmakers over the extradition proposals, which have prompted scuffles in the Legislative Council and the SAR's biggest street protest in five years.
"We have noted with great concern the widespread concern in Hong Kong about the proposed changes, including the protests of 28 April and the disorder on the floor of Legco in relation to the extradition laws that are currently going through," Field said, in response to a question from opposition lawmaker Barry Sheerman.
"We are considering the potential implications, including how they may affect UK citizens, and will push to ensure that one country, two systems remains intact."
Asked by Fiona Bruce of the governing Conservative Party whether the extradition changes risked undermining Hong Kong's role as an international financial centre, Field said: "The one country, two systems model needs to work well, and it is in China’s interest for that to happen, not least for the reasons she pointed out about the importance of Hong Kong as an international financial capital."
Meanwhile a group of Canadian lawmakers issued a statement describing the extradition proposal as a "profoundly worrying development".
The proposed law change would see the chief executive given the power to instigate proceedings to send fugitives to any jurisdiction on a one-off basis, even when there is no extradition arrangement in place.
Supporters of the bill say it would close a legal loophole. They point out it would only cover specific, serious offences, and that the courts would have the final say on any extradition.
Visa Enables Apple Pay For Chinese Cardholders Overseas
Visa announced that it will support Chinese-issued Visa cards on Apple Pay for use at overseas Visa-accepting merchants... Read more
WeLab Raises US$220M In Series D Financing
WeLab has closed a US$220 million Series D strategic financing round, comprising a mix of debt and equity. The raise is... Read more
Why Cross Border Payments Fail SMEs And How XTransfer Fixes It
Digital banking in Asia was supposed to change the world. Five years later, did it live up to the hype? In this in-dept... Read more
Sony And Bolttech Launch My Sony Care+ In HK
Japanese electronics group Sony has partnered with insurtech company bolttech to launch My Sony Care+, an embedded prot... Read more
Hong Kong Hosts 19th Asian Financial Forum On 26-27 January
The Hong Kong Government and the Hong Kong Trade Development Council (HKTDC) will co-organise the 19th Asian Financial ... Read more
South Korea Plans Stablecoin Rules And Digital Asset ETFs In 2026
The South Korean government plans to introduce a second-phase digital asset bill this year, which will establish a regu... Read more
