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ARTICLE · 07 JULY 2020

The Hong Kong Autonomy Act

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On July 2, 2020, the US Congress passed the Hong Kong Autonomy Act (HKAA), providing for mandatory sanctions against individuals, entities and financial institutions in response to China's National Security Law for Hong Kong.

Hong KongGovernment, Public Sector

Background

On July 2, 2020, the US Congress passed the Hong Kong Autonomy Act (HKAA), providing for mandatory sanctions against individuals, entities and financial institutions in response to China's National Security Law for Hong Kong. The HKAA is the latest in a series of US measures in response to the ongoing disagreement with China regarding China's obligation to maintain Hong Kong's autonomous status under the Joint Declaration and the Basic Law. As further detailed in our recent Alerts1, it follows a number of steps taken by the United States, including:-

  • The May 27, 2020 certification by the Secretary of State under the Hong Kong Human Rights and Democracy Act that Hong Kong no longer enjoys sufficient autonomy in order to justify special treatment by the US,

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This article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein. Please also read the JSM legal publications Disclaimer.

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