Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment her Department has made of the potential effect of the extension of China's Foreign Anti-Sanctions Law to Hong Kong on (a) HSBC and (b) other UK-based banks.
The Government monitors the operation and functioning of the financial sector and its participants on an ongoing basis, and does so across a wide range of matters. However, we do not comment on issues relating to individual companies.