The Hong Kong Financial Development Bureau pointed out that Article 23 of the Hong Kong Basic Law of the Hong Kong Basic Law will help protect the stable development of Hong Kong and continue to maintain the status of Hong Kong's international financial center.
Comprehensive Hong Kong Zhongtong News Agency and Radio of Hong Kong reported that the Hong Kong Financial Development Bureau said on Thursday (February 1) that the Hong Kong government fully supports the legislationTo maintain national security and protect the stable development of Hong Kong.
The Hong Kong and Jinfa Bureau pointed out that through the legal framework, the Hong Kong Government shows its commitment to the rule of law and core values.This will increase Hong Kong's reputation in risk management and compliance, thereby enhancing investor confidence and attracting funds.
The Hong Kong and Jinfa Bureau also said that the effective formulation of Article 23 of the Basic Law can maintain the prosperity and stability of Hong Kong, ensure the financial system of Hong Kong, and continue to maintain the status of Hong Kong's international financial center.With the continuous changes in the financial environment, relevant laws will help Hong Kong adapt to and maintain its competitiveness in the global financial sector.
Following the promulgation of the Hong Kong National Security Law in 2020, the Hong Kong Government also launched a public consultation on the legislation of Article 23 of the Basic Law on Tuesday (January 30), and it is recommended that the new national security regulations will be implemented within this year.Cover the five categories that endanger national security.Some scholars believe that the current political atmosphere in Hong Kong is different from 2003. I believe that the 23 Legislative Council is smooth when the legislation was first tried to legislation 21 years ago.
