Leading execs of HK financial businesses who are fully vaccinated will get COVID-19 quarantine exemption
30 May, 2021
Hong Kong senior executives of economic companies and their overseas affiliates who are fully vaccinated can now make an application for an exemption from the three-week compulsory quarantine, the market segments watchdog said.
No more than two senior executives per each financial company licensed by the city’s Securities and Futures Commission (SFC) and two of their overseas affiliates who have to travelling in and out from Hong Kong for managing the business can make an application for the exemption, in line with the statement released later on Friday (May 28).
To apply for the exemption, they have to provide a duplicate of their identity cards or passport photo page, details of the trip and a COVID-19 vaccination record and send it to SFC at least five times before the business trip.
SFC concerns licences to companies such as for example asset managers, investment banks and securities brokerages.
Successful applicants are just allowed to attend the actions listed in the facts of the trip and are required to personal isolate at the accommodation sponsored by the company.
Those that breach the types of conditions will eventually lose their exemption and you will be sent to the compulsory quarantine center for compulsory quarantine pertaining to 21 days. Once convicted, they'll receive six months' imprisonment and a fine of HKUS$5,000.
Hong Kong has one of the world’s strictest COVID-19 quarantine restrictions. Presently, crew associates of aircraft and authorities officials happen to be among those exempted from the compulsory quarantine.
The Hong Kong government and financial regulators have previously warned the slow take up of vaccinations in metropolis could undermine its status as a financial centre.
Around 1,319,725 persons have obtained their first vaccination dose, around 20.1 % of the city's people.
The total number of confirmed COVID-19 cases in Hong Kong reaches 11,838, based on the Centre for Health Protection.
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