Hong Kong is expected to learn by Friday how authorities in Beijing intend to apply the anti-sanctions law to the global financial hub. Photo: Reuters
Hong Kong is expected to learn by Friday how authorities in Beijing intend to apply the anti-sanctions law to the global financial hub. Photo: Reuters

‘Ambiguity’ of Hong Kong’s anti-sanctions law will ensure flexibility for banks, government insiders say

  • The country’s top legislative body will discuss this week how Hong Kong must enact the national law aimed at countering foreign punitive measures
  • ‘One internal assessment is that the more vague the local version of the law remains, the more flexibility we will have during execution,’ insider says

Hong Kong is expected to learn by Friday how authorities in Beijing intend to apply the anti-sanctions law to the global financial hub. Photo: Reuters
Hong Kong is expected to learn by Friday how authorities in Beijing intend to apply the anti-sanctions law to the global financial hub. Photo: Reuters
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