Support for Amendments to the Trade Unions Ordinance: Strengthening the Foundation of National Security
Release Date: 2025-04-24
The Hong Kong Securities and Futures Professionals Association (the "Association") fully supports the Hong Kong Special Administrative Region Government's amendments to the Trade Unions Ordinance to further enhance the regulatory framework for trade unions, thereby fulfilling the constitutional responsibility of safeguarding national security. The Association believes that national security is both the foundation of social stability and the cornerstone of confidence in financial markets. This amendment accurately implements the overall national security concept, reinforcing the long-term protection of Hong Kong as an international financial center from a legal perspective.
As a professional organization within the financial industry, the Association supports the government's efforts to lawfully improve the regulatory framework for trade unions, systematically preventing any potential risks that may harm national security. Upholding a governance direction that is cautious and proactive, the related amendments not only align with the spirit of the The Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region and Safeguarding National Security Ordinance but also ensure that trade union operations are consistent with the overall interests of the nation, further solidifying the foundation of "One Country, Two Systems."
The Association is pleased to see the government's commitment to providing clear guidelines and adaptation periods for trade unions, as well as enhancing communication with the industry. Improving the regulatory system under the rule of law not only does not hinder the normal operations of legitimate and compliant unions but also enhances public confidence in the regulation of the financial industry by elevating industry standards.
The Association remains committed to the principle of "patriots governing Hong Kong" and will continue to cooperate with the policies of the Special Administrative Region Government, guiding the industry to uphold the core values of the rule of law. The Association calls on all sectors of society to rationally build consensus and jointly safeguard national sovereignty, security, and interests, ensuring the steady and far-reaching practice of "One Country, Two Systems," thereby injecting stronger impetus into Hong Kong's long-term prosperity.
Mofiz Chan
Chairman
Hong Kong Securities and Futures Professionals Association
As a professional organization within the financial industry, the Association supports the government's efforts to lawfully improve the regulatory framework for trade unions, systematically preventing any potential risks that may harm national security. Upholding a governance direction that is cautious and proactive, the related amendments not only align with the spirit of the The Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region and Safeguarding National Security Ordinance but also ensure that trade union operations are consistent with the overall interests of the nation, further solidifying the foundation of "One Country, Two Systems."
The Association is pleased to see the government's commitment to providing clear guidelines and adaptation periods for trade unions, as well as enhancing communication with the industry. Improving the regulatory system under the rule of law not only does not hinder the normal operations of legitimate and compliant unions but also enhances public confidence in the regulation of the financial industry by elevating industry standards.
The Association remains committed to the principle of "patriots governing Hong Kong" and will continue to cooperate with the policies of the Special Administrative Region Government, guiding the industry to uphold the core values of the rule of law. The Association calls on all sectors of society to rationally build consensus and jointly safeguard national sovereignty, security, and interests, ensuring the steady and far-reaching practice of "One Country, Two Systems," thereby injecting stronger impetus into Hong Kong's long-term prosperity.
Mofiz Chan
Chairman
Hong Kong Securities and Futures Professionals Association