HSBC

(asked on 15th November 2021) - View Source

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 for HSBC to split its operations outside of China and Hong Kong in response to China's National Security Law.


Answered by
Amanda Milling Portrait
Amanda Milling
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 18th November 2021

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.

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