This book fills the gap on how common law continues to apply in Hong Kong’s banking industry in regards to the following topics: • Illustrates the uniqueness of the Hong Kong banking supervisory and regulatory system; • Demystifies Hong Kong Money Authorities’ monetary power in market stabilisation under the Basic Law; • Explains Hong Kong’s Clearing system functions for the RMB offshore clearing hub; and • Examines and explains the changes and/or impact of the Chinese Policy on Hong Kong’s common law and conflicts (sovereign immunity) concerning the issues of litigating in Hong Kong Courts.
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