HKMA suggests institutions listed in US Order seek legal advice on its impact

Hong Kong Monetary Authority (HKMA) suggested the Authorized institutions (AIs ) in Hong Kong in a circular that the text of the Executive Order issued by US President George Bush on Monday and the list of the 27 entities are available on the website of the Office of Foreign Assets Control under the US Treasury (www.ustreas.gov/ofac) the AIs to obtain a copy of the order and the list and study it carefully. It would seem sensible for AIs to take their own legal advice on the implications that the Executive Order may have for their

Related stock : (NIL)