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Government "rumours clarification" begs a question
HK Government, 29-Jun-2019
HKSARG says it has no plans to reactivate "amendments to the Fugitive Offenders Ordinance" in the next LegCo term, but says nothing about changes to the Mutual Legal Assistance law which would allow the PRC to freeze assets in HK during investigation of criminal allegations. So perhaps they plan to restart that. Private bankers and wealth managers will likely advise their clients accordingly, to shift assets to other financial centres.


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