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Hong Kong banking rules' antitrust exemption should exclude future changes, Consumer Council says

By Xu Yuan ( March 21, 2018, 06:09 GMT | Insight) -- A proposed exemption from competition rules for certain controversial Hong Kong banking regulations should apply only to those regulations in their current form, and not include any future changes, the city’s consumer watchdog says. The council said that although the banking rules were important for ensuring consumer protection and had demonstrated benefits to consumers, they could give rise to competition concerns.A proposed exemption from competition rules for certain controversial Hong Kong banking regulations should apply only to those regulations in their current form, and not include any future changes, the city’s consumer watchdog says....

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