In the News: Hong Kong Law; JPMorgan Futures Approval; and Huawei Standards

June 22, 2020 | BY

Vincent Chow

Xinhua reveals details of planned Hong Kong national security law; JPMorgan becomes first fully-owned futures business following CSRC approval; and U.S. companies allowed to work with Huawei on next-generation technology standards

China releases details of planned Hong Kong national security legislation

Beijing's involvement in Hong Kong's legal system will increase significantly with the imminent arrival of a national security law in the special administrative region, according to an outline of the main features of the law published by Chinese state media outlet Xinhua on June 20. According to the report, while Hong Kong itself will lead enforcement of the law in most cases, the central government will exercise jurisdiction in "in specified circumstances over a very small set of crimes endangering national security."

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