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#Sanction
HK Officials sanctioned by the US hold properties with mortgage from two Chinese-owned banks

The US slapped sanctions on four more Chinese-Hong Kong officials on November 9, 2020, including Deputy Commissioner of Police (National Security), Lau Chi-wai and Senior Superintendent of the National Security Department of the Hong Kong Police Force, Li Kwai-wah.

According to Stand News, information obtained from the Land Registry shows that Lau and Li each wholly owns a residential property with mortgages from two different Chinese-owned banks, Chong Hing Bank Limited and Bank of China (Hong Kong). Their mortgages are not paid off.

The two banks have not responded to whether they would comply with the sanctions.

The Stand News reached out to the Police Public Relations Branch (#PPRB) for comments but there was no official response. The Stand News are awaiting response from the said banks on whether they would follow U.S. sanctions measures and if Lau and Li’s mortgages would be affected.

The Financial Times reported days ago the Hong Kong Securities Regulatory Commission made a private promise to international banks in Hong Kong that by complying with US sanctions they are unlikely to violate the National Security Law.

The Securities Regulatory Commission responded to the Stand New’s inquiries, saying they did not wish to comment on the content of the report.

Source: Stand News #Nov10
https://bit.ly/35ge1lX

#NationalSecurityLaw #SecuritiesRegulatoryCommission #LauChiWai #LiKwaiWah #Property
#Breaking #Sanction
US announces new sanctions against 6 linked to Mass Arrest of pro-democracy activists in HK

The US announced sanctions against six Hong Kong or Chinese officials connected to the mass arrests of pro-democracy activists on January 6.
 
The six people targeted for new sanctions include Frederic Choi, director of the national security division of the Hong Kong police; Sun Qingye, a deputy to Zheng Yanxiong, who was appointed in July to head a new national security office in Hong Kong.

Also named were pro-Beijing legislator Tam Yiu-chung, You Quan of China’s United Front Work Department, and Assistant Commissioners of Police for National Security, Kelvin Kong Hok-lai and Andrew Kan Kai-yan.

Source: Apple Daily, Reuters; #Jan16
#Sanction #InternationalCommunity
HK Pro-democracy Activists urge #GermanParliament to Sanction Hong Kong and Chinese Officials

A pro-democracy activist from Hong Kong, #GlacierKwong, and a German student who studied in Hong Kong, #DavidMissal, led a petition in September 2020, calling on Germany to sanction Hong Kong officials over the national security law passed by Beijing in June 2020.

As the online petition reached the required 50,000 signatures, a parliamentary hearing was scheduled on January 25, 2021.

At the hearing, Kwong urged Germany to put in place “a real and robust policy on China” and “implement targeted sanction against individuals in Hong Kong and China… to hold China accountable and honour Germany’s commitment to democratic values.”

Kwong elaborated that under the National Security Law, initiating a petition or a signature campaign, attending a hearing overseas could be deemed “colluding with foreign forces” and therefore violation of the Law.

“Drastically, the national security law erodes the crumbling pillars of the city’s rule of law and democracy,” Kwong said in her opening speech. “Hongkongers now live in a quasi-police state and mass surveillance. The vaguely-termed law overrides the Basic Law and the Common Law system.”

She also cited prevailing oppressions in Hong Kong such like mass arrests, city-wide surveillance as pro-establishment legislators proposed installation of surveillance camera in classrooms to monitor teachers' speech and freezing of dissident bank accounts and blocking of websites.

Source: Stand News, #Jan26

#MassSurveillance #PoliceState #Authoritarianism #NationalSecurityLaw
#OnlinePetition #Germany
Swiss set to match #EU sanctions if #China invades #Taiwan - agency chief

//The head of the Swiss agency that implements economic sanctions expects the neutral country to adopt any punitive measures the #EuropeanUnion launches against China if it invades Taiwan, she said in a newspaper interview.

China has been stepping up military activity around Taiwan seeking to pressure the democratically elected government there to accept Chinese sovereignty...

Asked by the Neue Zuercher Zeitung paper if #Switzerland would adopt EU sanctions against China in that case, State Secretariat for Economic Affairs (#SECO) Director Marie-Gabrielle Ineichen-Fleisch said: "I strongly believe that we would adopt such sanctions.//

Read more:
https://www.reuters.com/article/swiss-china/swiss-set-to-match-eu-sanctions-if-china-invades-taiwan-agency-chief-idINL8N2ZB097

Source: Reuters #Jul30

#ChineseInvasion #Sanction #CrossStraits