UK Banks Including HSBC ‘Complicit’ in Hong Kong Human Rights Suppression, Lawmakers Found
British banks in Hong Kong, including HSBC, have been complicit in suppressing human rights by proactively supporting Beijing’s National Security Law, a group of UK lawmakers found in an inquiry.
In a report published on Wednesday, the All-Party Parliamentary Group (APPG) on Hong Kong said there are “numerous instances” where banks have denied Hongkongers access to their pensions and other funds.
On June 30, 2020, Beijing imposed a wide-ranging and vaguely-worded national security law, effectively banning dissent in or outside of Hong Kong.
Then-British Foreign Secretary Dominic Raab said the enactment of the law constituted “a clear and serious breach” of the Sino-British Joint Declaration….