HONG KONG: National Security Law raises operational security risks for business

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The new law formalizes a large role for mainland security organs in Hong Kong, raising corporate espionage and surveillance risks for businesses. Mainland officials will exercise direct control over national security policy and law enforcement in Hong Kong for the first time. NGOs and universities will likely face a crackdown on political activities and speech, while the impact on media and internet censorship is still uncertain. China's legislature approved the National Security Law (NSL) for Hong Kong on 30 June, and the law took effect immediately. Our previous note outlined the
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