Attendees at the upcoming financial summit could be exempt from some Covid-related restrictions.

Foreign financial executives attending Hong Kong’s upcoming banking summit will not be subject to certain Covid restrictions, according to an article (paywall) in the English-language daily newspaper South China Morning Post (SCMP) that cited unnamed sources.

Under the alleged plan, summit attendees are expected to be exempt from the city's color-coded health restrictions during the three-day self-monitoring period under the current so-called «0+3» arrangement in place for foreigners that travel from abroad or residents returning to the city.

This would mean they would potentially be free to enter a wider range of premises than they would have been able to if the restrictions in place were to be followed, implying they could enter restaurants and bars without having to wait for the necessary three days after arriving. The report also mirrored the information in a recent «Bloomberg» article that gave attendees the option to leave by private jet, or yacht, should they test positive for Covid-19.

Special Circumstances

According to the SCMP, the process is not exclusive to bankers but is «an established practice» applied for special circumstances. The report also said that the Hong Kong Monetary Authority (HKMA) and the local government arrived at a consensus for the arrangement for summit attendees as a way of minimizing contact between the inbound travelers and local residents.

«The government has approved a set of infection-control arrangements that are applicable to the coming summit,» said a spokesperson for the HKMA. «The arrangements will provide the necessary facilitation for participants to take part in the summit and business activities.»