Hong Kong allows entry without quarantine for high-ranking bankers

Senior financial executives in Hong Kong can apply for a suspension of the otherwise mandatory quarantine on entry. Hong Kong’s Financial Markets Authority informed about 500 listed banks and other financial service providers about the new exemption options last week, reports the South China Morning Post (SCMP). Many of the Hong Kong representative offices are an important component for global or regional setups of financial institutions, a government spokeswoman told the newspaper. “We consider it necessary to facilitate their effective operation during the Covid-19 pandemic to maintain Hong Kong’s financial stability and our status as an international financial center,” SCMP quoted the spokeswoman as saying.