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Hong Kong

Mayer Brown

Hong Kong Security Bureau's Response to Stakeholder Submissions on Proposed Legal Framework for Regulating Critical Infrastructure

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In early July 2024, the Hong Kong SAR Government released a proposal for the regulation of Critical Infrastructure Operators (CIOs) and Critical Computer Systems (CCS) (Proposed Framework) for consultation. The consultation...more

Morgan Lewis

Hong Kong IPO Updates – Enhanced Timeframe for the New Listing Application Process

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The Securities and Futures Commission of Hong Kong (SFC) and the Stock Exchange of Hong Kong (Exchange) published on 18 October 2024 a Joint Statement on Enhanced Timeframe for New Listing Application Process. The initiatives...more

Mayer Brown

Hong Kong Court Finds Former GM Breached Fiduciary Duties by Diverting Business Opportunities

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In the case of Green Light Multiplex Co. Limited v. Lam Shi Yan [2024] HKCFI 2101, the Hong Kong Court of First Instance held a former General Manager (GM) liable for wrongfully diverting business opportunities away from his...more

Mayer Brown

Pro-enforcement Approach - Mainland China Highlights Typical Cases on Enforcing Hong Kong Arbitral Awards

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Mainland China's Supreme People's Court (SPC) recently released a series of typical cases showcasing a favourable trend in enforcing Hong Kong arbitral awards....more

Conyers

Secondary Listing of Companies on the London Stock Exchange

Conyers on

Having recently acted as Bermuda counsel to a Hong Kong listed company on its successful secondary listing on the London Stock Exchange, we thought it would be helpful to summarise the benefits of a secondary listing to...more

Mayer Brown

Hong Kong Policy Address 2024 – Measures Affecting Rental Accommodation

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With the Government’s push to attract talents to Hong Kong in the past years, rental accommodation has become a hot topic in the city, whether under the auspices of student accommodation, talent housing, workers dormitories...more

BCLP

Hong Kong SAR Policy Address 2024: Foster Progress in Housing, Attracting Talent, Enhancing Culture, Tourism and Education

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The Policy Address 2024 of Hong Kong was delivered by the Chief Executive on 16 October 2024 (the “Policy Address”). Among a series of reforms aimed at rejuvenating the city’s economy and enhancing residents’ livelihood, the...more

Mayer Brown

Launch of the Banking Industry Integrity Charter in Hong Kong

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Hong Kong’s new Banking Industry Integrity Charter (Integrity Charter) was launched on 9 October 2024 by the Independent Commission Against Corruption (ICAC) in collaboration with the Hong Kong Monetary Authority (HKMA) and...more

Ius Laboris

Hong Kong to Expand Sexual Conviction Record Checks 

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The Hong Kong Government has announced its plans to expand the existing Sexual Conviction Record Check (‘SCRC’) scheme. The purpose of the expansion is to enhance the protection of children and mentally incapacitated...more

Mayer Brown

Hong Kong Office of the Privacy Commissioner for Personal Data Issues Updated "Code of Practice on the Identity Card Number and...

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INTRODUCTION - In August 2024, the Hong Kong Office of the Privacy Commissioner for Personal Data (“PCPD”) released a revision of the “Code of Practice on the Identity Card Number and other Personal Identifiers: Compliance...more

Mayer Brown

Hong Kong Proposes the Introduction of a Legal Framework for Regulating Critical Infrastructures

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INTRODUCTION - The acceleration of the rate of cyber-attacks against companies in Hong Kong in the last year or so (with over 60 notifications of such attacks being received by the Office of the Privacy Commissioner of...more

Lowenstein Sandler LLP

Trade Matters - Lowenstein Sandler's Global Trade & National Security Newsletter - October 2024

Lowenstein Sandler LLP on

The U.S. Commerce Department is soliciting comments on a proposed rule to prohibit importing and selling Vehicle Connectivity System hardware and software designed, developed, manufactured, or supplied by persons owned by,...more

Mayer Brown

Cyber Threats on the Rise: Dissecting the Common Themes Behind Recent Cybersecurity Incidents in Hong Kong

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Hong Kong has witnessed a notable surge in cyber breach incidents in recent years. The cyberattacks have affected various organisations across the public, private and non-profit sector. Cybersecurity incidents recorded a...more

Mayer Brown

A New Chapter? Hong Kong Proposes Introducing Copyright Exception for Text and Data Mining

Mayer Brown on

On 8 July 2024, Hong Kong's Commerce and Economic Development Bureau (“CEDB”), along with the Intellectual Property Department (“IPD”), released a public consultation paper on copyright and artificial intelligence (AI)...more

Ius Laboris

Hong Kong launches e-platform for pension scheme

Ius Laboris on

The Mandatory Provident Fund Schemes Authority (‘MPFA’) has commenced a major overhaul of the Hong Kong pensions system with the launch of the eMPF Platform in June 2024....more

Mayer Brown

Legal Privilege in Cyber Incidents: Lessons for Hong Kong from Australia’s Optus Cyber Breach

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Important lessons for Hong Kong organisations managing cyber accidents may be learned from the noteworthy ruling in a recent Australia case, Singtel Optus Pty Ltd v. Robertson [2024]. For background, from 17-20 September...more

BCLP

HK Security of Payment Bill: Government Responds to Submissions from the Public

BCLP on

The Hong Kong Government received 37 submissions from the public in July 2024 regarding the Construction Industry Security of Payment Bill (“Bill”) and held discussions with deputations from different stakeholders at a LegCo...more

Conyers

Winding-Up Petition Struck Out, Joint Provisional Liquidators Discharged in Bermuda

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On 15 May 2024, the Bermuda Court granted an order striking out a winding-up petition (the “Petition”), setting aside an earlier order appointing joint provisional liquidators (“JPLs”), and discharging the JPLs appointed over...more

A&O Shearman

Hong Kong Government considers changes to proposed critical infrastructure cybersecurity law

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The Security Bureau has completed its one-month consultation on its proposal in relation to the Protection of Critical Infrastructures (Computer Systems) Bill (the "Bill") and released the consultation report in its...more

Conyers

Too Radical For A Change? A Summary of Garofalo V Crisp And Ors

Conyers on

In Garofalo v Crisp and Ors [2024] EWHC 1737 (Ch), the English Court found that a higher evidential threshold should be applied when deciding whether or not to grant an exceptional interim relief for a change of management...more

BCLP

Smart Contracts and the Use of Arbitration to Resolve Related Disputes

BCLP on

In recent years, technology advancement has introduced new methods for contract formation. In particular, the rise of blockchain technology has led to the emergence of “smart contracts”, which are digital contracts which...more

BCLP

HK Security of Payment Bill: An Insolvency Exception to Ban Against “Pay When Paid” Clauses?

BCLP on

On 16 July 2024, the Hong Kong LegCo Bills Committee which is considering the Construction Industry Security of Payment Bill (“Bill”) held a meeting to receive representations and submissions on the Bill from deputations sent...more

BCLP

HK Court Rejects “Arbitral Confidentiality” Argument in Parallel Court and Arbitration Proceedings

BCLP on

In Beijing Songxianghu Architectural Decoration Engineering Co., Ltd v Kitty Kam [2024] HKCFI 1657 (date of reasons for decision: 19 June 2024), the Hong Kong Court of First Instance (“the Court”) dismissed an application for...more

A&O Shearman

The first move: Hong Kong Competition Commission (HKCC) enforces non-compliance with investigation powers

A&O Shearman on

For the first time since it was established over a decade ago, the Hong Kong Competition Commission (HKCC) has announced that an individual has been charged for failing to comply with its investigation powers under the...more

Conyers

Taking Security Over Shares in a Cayman Islands Exempted Company

Conyers on

The Cayman Islands (“Cayman”) is recognised as a leading international financial centre and well regarded as a creditor-friendly jurisdiction (with the absence of debtor-friendly insolvency such as Chapter XI in the United...more

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