Hong Kong financial authorities publish statements on US sanctions

The Hong Kong Monetary Authority (HKMA) and the Securities and Future Commission (SFC) have released press statements in light of recent US sanctions imposed against Hong Kong and China-based individuals (see post). Both statements say that any response or policy established or implemented by authorised institutions or intermediaries in response to US sanctions should be made after a “thorough assessment …

About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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