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May Regulatory Round-up: Regulators come to the defence of Hong Kong; HKMA reviews incentive structures; Increased demand for fully remote onboarding

Beijing sprang a surprise on 21 May 2020 when it announced its plan to draft a national security law for Hong Kong. The National People’s Congress approved the plan a week later. The move bypasses the Hong Kong legislature, which is required under Article 23 of the Basic Law (the mini-constitution of Hong Kong) to enact such law “on its…

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