Hong Kong Update

Alex Sobel Excerpts
Thursday 13th July 2023

(10 months, 1 week ago)

Commons Chamber
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Anne-Marie Trevelyan Portrait Anne-Marie Trevelyan
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I thank my hon. Friend for his questions. The reports of undeclared police stations in parts of the UK were very concerning and were taken very seriously, because any foreign country operating on UK soil must always abide by UK law. The police have done a substantial amount of work and have examined those allegations. They have not, to date, identified any evidence of illegal activity, but none the less, these so-called police service stations were established without our permission. Their presence, whatever the low level of administrative activity they were performing, has worried and intimidated many who have left China and sought safety here in the UK. We have made it clear to the Chinese authorities that the existence of undeclared sites in the UK is unacceptable and that their operation must cease. The Chinese authorities have confirmed that they have now been closed.

Alex Sobel Portrait Alex Sobel (Leeds North West) (Lab/Co-op)
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I recently met the Leeds Hong Kong community, who raised a number of concerns about their personal safety and security, as well as research by Hong Kong Watch estimating that more than £2.2 billion of Hongkongers’ pension savings has been detained by the Hong Kong Government, including funds held by UK-headquartered HSBC. What work has been done to ensure that pensioners, including BNOs and British citizens, regain their pensions from HSBC? Have the Government considered imposing fines on HSBC for non-compliance?

Anne-Marie Trevelyan Portrait Anne-Marie Trevelyan
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We are aware of the difficulties that BNOs are experiencing in seeking the early withdrawal of their pensions, which are held by the Mandatory Provident Fund in Hong Kong. We have urged the Hong Kong authorities to facilitate the early drawdown of those funds, especially for Hong Kong residents who have moved overseas permanently. The challenge, and the root of the problem, comes from the Chinese Government’s decision not to recognise the BNO passport, thereby creating the clear discrimination against BNOs. I have raised this matter personally with the Hong Kong Secretary for Financial Services. The Foreign Secretary has raised it in his discussions as well, and we will continue to do that. I have spoken with banks that are contained by those laws in that jurisdiction.