Market
How will Hong Kong respond to U.S. warnings on Russian transactions by March 31, 2025?
2
Resolution / Starting Odds
Comply fully with U.S. warnings • 25%
Partial compliance • 25%
No compliance • 25%
Other • 25%
Official announcements from Hong Kong financial authorities or news reports
Story
U.S. Treasury Warns Hong Kong Banks Against Transactions with Russia Amid Sanctions on 9 Individuals and 7 Entities
Dec 26, 2024, 01:33 AM
A senior U.S. Treasury official recently met with representatives from major banks in Hong Kong, warning them against any financial transactions with Russia, which is perceived as a final ultimatum from the U.S. to Hong Kong. This warning follows the U.S. Treasury's recent sanctions imposed on nine individuals and seven entities, including North Korean banks and Russian companies that facilitated the shipment of oil and gas to North Korea from 2022 to at least April 2024. In a related development, South Korea has imposed sanctions on 15 North Korean IT workers and one entity for illicit funding related to nuclear and missile development activities.
View original story
Similar markets
Yes • 50%
No • 50%
Retaliatory sanctions • 25%
No significant response • 25%
Other • 25%
Diplomatic protest • 25%
Introduction of new sanctions • 25%
Granting of additional asylum opportunities • 25%
No major policy change • 25%
Further extension of DED program • 25%
Economic Sanctions • 25%
No Action • 25%
Other • 25%
Diplomatic Protest • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Retaliatory sanctions • 25%
Diplomatic protest • 25%
No official response • 25%
Other • 25%
Yes • 50%
No • 50%
