Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, whether the Pensions Regulator has issued guidance to trustees on the (a) financial and (b) reputational risks of holding equities in Hong Kong-listed companies named in overseas sanctions orders for human rights violations.

The Pensions Regulator does not give investment advice, including on ethical grounds. It has not published specific guidance on these matters.

HMG offers Overseas Business Risk information for UK businesses on political, economic and security risks when trading overseas.