Pensions: Hong Kong

(asked on 22nd January 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make representations to (a) HSBC and (b) other UK-based pension providers to accept early withdrawal requests from Hong Kongers on the British National (Overseas) visa scheme who intend to obtain an indefinite leave to remain in the UK.


Answered by
Bim Afolami Portrait
Bim Afolami
This question was answered on 25th January 2024

Ministers engage regularly with the UK financial sector on a range of issues. The root of the problem is the Chinese Government's decision not to recognise the BN(O) passport as a valid identity document in Hong Kong. The UK firmly opposes the discrimination of BN(O)s in this way. We continue to urge the Hong Kong authorities to facilitate early drawdown of funds as is the case for other Hong Kong residents who move overseas permanently.

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