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Because of rising geo-political risks between the United States and China, banks and other financial institutions with operations in Hong Kong have had to prepare for many eventualities.

This article describes several mitigation measures that such organizations can take, including demergers, offshoring, relocation of personnel, and account closures. The mitigation measures could aid in minimizing the impact of any conflicts between foreign legislations on Hong Kong-related sanctions and legislation. 

Authors: ONC Lawyers

4 Pages
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Region: China, Hong Kong, Global
The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.
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