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 discussions she has had with HSBC executives on the freezing of bank accounts of Mr Ted Hui and other pro-democracy activists.


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

The Government engages in regular dialogue with businesses active in Hong Kong and as a matter of course monitors the operation of the financial sector and its participants. Financial institutions operating in Hong Kong do so within a strict legal and regulatory framework. We are concerned that a number of recent decisions by the authorities in Hong Kong are further evidence of a determined campaign to stifle opposition and silence dissent. As a signatory to the Sino-British Joint Declaration, China must abide by the legally binding commitments it made to uphold fundamental rights and freedoms, and respect Hong Kong's high degree of autonomy for at least 50 years from 1997.

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