Suspension Proceedings For Ice Hockey Body Under Way
"); jQuery("#212 h3").html("
"); });
2023-04-04 HKT 20:04
In a statement issued on Tuesday, the SF&OC said the HKIHA has been given one month to submit a full explanation of why it failed to follow guidelines on the playing of the anthem at a tournament in Bosnia in February, and to put forward proposals to enhance governance.
The government said it supports the move by the SF&OC and will consider reducing subsidies in the event of a suspension. It stressed any funding cuts will be made under the premise of not affecting athletes.
The SF&OC added that reviewing the HKIHA's governance will not affect the training and competitions of athletes.
The SF&OC said the executive committee of the HKIHA "lacked internal communication and clear division of roles", which led to its failure to act with "the appropriate due diligence and integrity expected".
The SF&OC also said the group hadn’t responded positively to its request for a meeting after the incident.
"Such unwillingness and evasiveness reflect the failings of HKIHA's leadership to communicate and cooperate with SF&OC, as well as its placing insufficient importance to the misplay of the national anthem and to uphold the dignity of the country," the statement read.
PantherTrade And YAX Secure Hong Kongs First Crypto Licences Of 2025
Securities and Futures Commission (SFC) granted operational Hong Kong crypto licences to two cryptocurrency trading pla... Read more
Digital Payments In Hong Kong Soars But Bank Transfers Lead The Growth In 2024
Digital payments in Hong Kong grew significantly. In 2024, the use of digital payments for online transactions rose 9 p... Read more
Nuvei Acquires Paywiser In Japan To Power Next Ecommerce Growth Wave
Nuvei acquired Paywiser Japan Limited and its license from the Japanese Ministry of Economy, Trade, and Industry on 27 ... Read more
Fraud Prevention Strategies For 2025 To Combat Emerging Digital Threats
In 2025, fraud prevention strategies are non-negotiable. It’s a battle for trust. With cybercrime evolving at breakne... Read more
Alipay Tap! Expands To Macao, Now Accepted At Over 1,000 Merchants
Alipay Tap! in Macao was recently launched, enabling Alipay and Macau Pass to expand their partnership to bring it to m... Read more
ESG Fintech Startups Took The Spotlight At The Asian Financial Forum
Environmental, Social, and Governance (ESG) considerations have become central to global economic discussions and remai... Read more