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US Congress pushes sanctions on HK pension, judicial issues

A US congressional report has called for sanctions against Hong Kong judges and expanded efforts to protect emigrants' pension funds, in response to China's tightening grip on the city. The report recommends Congress-authorized sanctions on members of Hong Kong's judiciary, including foreign judges, and urges action to prevent US financial institutions from cooperating with Hong Kong authorities to deny departing Hong Kongers access to their retirement savings. The report also highlights the practice of denying Hong Kong immigrants access to their Mandatory Provident Fund (MPF) deposits and calls for further steps to prevent US financial institutions from complying with such restrictions.

The post US Congress Pushes Sanctions on HK pension, judicial issues appeared first on Balanced News Summary.



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