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HSBC: China

Question for Treasury

UIN 29068, tabled on 7 July 2021

To ask the Chancellor of the Exchequer, what assessment he has made of the implications fpr his policies of HSBC’s decision to transfer executives from the UK to China.

Answered on

13 July 2021

The Government engages in regular dialogue with businesses in Hong Kong and the UK, as well as monitoring the operation of the financial sector and its participants on an ongoing basis. Financial institutions operating in Hong Kong do so within a strict legal and regulatory framework.

Answered by

Treasury