HKMA says firms must report on national security law suspects
Financial regulators say firms must report on those arrested under anti-dissident law
Licensed financial firms should report the property of people who are arrested or charged under Hong Kong’s new National Security Law, the regulatory authorities said.
China imposed the national security legislation in June 2020 to crack down on the widespread protests on streets in Hong Kong. Police arrested 117 people under the law in its first year of operation, according to a report by Reuters.
The Hong Kong Monetary Authority and the Securities and Futures Commission said arrests and
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