Hong Kong security law: US may restrict capital flows through city, Treasury Secretary Steven Mnuchin says - ShareIsValue
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Friday, June 12, 2020

Hong Kong security law: US may restrict capital flows through city, Treasury Secretary Steven Mnuchin says

US Treasury Secretary Steven Mnuchin said on Thursday he was working on various capital markets responses to China’s national security law for Hong Kong, including some measures that could restrict capital flows through the territory.Mnuchin said his primary focus in the United States’ response to China’s Hong Kong clampdown was through the President’s Working Group on Capital Markets, an inter-agency group of US financial regulators.US President Donald Trump ordered the US Treasury-led group…

from South China Morning Post https://www.scmp.com/economy/china-economy/article/3088737/hong-kong-security-law-us-may-restrict-capital-flows-through

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