On 6 July 2021, the Standing Committee of People’s Congress in Shenzhen released the Data Regulations of Shenzhen Special Economic Zone (the Shenzhen Data Regulation), which will come into force as of 1 January 2022. The...more
Hogan Lovells' Hong Kong Corporate & Regulatory Insights June 2021 edition is published today to keep you abreast of the recent legal and regulatory developments in the Hong Kong corporate market.
The topics covered in the...more
The Stock Exchange of Hong Kong Limited (SEHK) publishes Listed Issuer Regulation Newsletter SEHK published Listed Issuer Regulation Newsletter with the following highlights: Issuers meeting financial reporting obligations...more
Equity Capital Markets -
The Stock Exchange of Hong Kong Limited (SEHK) publishes consultation paper on review of corporate governance code and related Listing Rules -
SEHK published a consultation paper outlining...more
5/28/2021
/ AML/CFT ,
Capital Markets ,
Corporate Governance ,
Data Privacy ,
Data Protection ,
Financial Services Industry ,
Hong Kong ,
Hong Kong Monetary Authority (HKMA) ,
Hong Kong Stock Exchange ,
Listing Rules ,
Publicly-Traded Companies
The Stock Exchange of Hong Kong Limited (SEHK) seeks views on reforms to enhance listing regime for overseas issuers SEHK published a consultation paper, Listing Regime for Overseas Issuers, seeking public feedback on...more
The tracker covers a range of developments across the region, including steps taken by the Chinese authorities to decentralise regulations in the insurance sector, a new amendment bill passed by the Hong Kong Legislative...more
4/1/2021
/ China ,
Consumer Insurance Products ,
Financial Services Industry ,
Hong Kong ,
Indonesia ,
Insurance Regulations ,
Legislative Agendas ,
Life Insurance ,
Regulatory Agenda ,
Regulatory Oversight ,
Singapore
The Stock Exchange of Hong Kong Limited (SEHK) publishes revised Listing e-Forms and guidelines for new applicants, Main Board (MB) issuers, and Growth Enterprise Market (GEM) issuers -
The Listing e-Forms, which include...more
3/24/2021
/ Data Protection ,
Enforcement Actions ,
Financial Services Industry ,
Hong Kong ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Hong Kong Stock Exchange ,
Listing Rules ,
Publicly-Traded Companies ,
Regulatory Requirements ,
Securities Regulation ,
Wealth Management
In response to the growing popularity in the use of external data storage for record-keeping, on 31 October 2019, the Hong Kong Securities and Futures Commission (SFC) issued a circular to licensed corporations (LCs) on the...more
CBIRC issued newly revised Health Insurance Measures -
On 31 October 2019, the China Banking and Insurance Regulatory Commission (CBIRC) promulgated the newlyrevised Administrative Measures for Health Insurance (Health...more
9/18/2020
/ Asset Management ,
China ,
Commercial Insurance Policies ,
Consumer Insurance Products ,
Foreign Investment ,
Health Insurance ,
Hong Kong ,
Indonesia ,
Insurance Regulations ,
Property Insurance ,
Reinsurance ,
Singapore
Equity Capital Markets -
The Stock Exchange of Hong Kong Limited (SEHK) invites feedback on proposals to introduce a paperless listing & subscription regime, online display of documents, and reduction of the types of...more
On the evening of 30 June 2020, the Hong Kong Government gazetted the Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region (NSL) with the new law taking...more
On 18 June 2020 the HKEx announced plans to launch the HKEX Sustainable and Green Exchange (STAGE), a new information platform which will act as a central hub for data and information on sustainable and green finance...more
Hong Kong Exchanges and Clearing Limited (HKEx) signs agreement with MSCI Inc. (MSCI) to license indexes to launch Asia and Emerging Markets futures and options contracts
...more
6/11/2020
/ Capital Markets ,
China ,
Data Protection ,
Emerging Markets ,
Equity Markets ,
ETFs ,
Financial Markets ,
Financial Services Industry ,
Financial Transactions ,
Hong Kong ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Hong Kong Stock Exchange ,
Listing Standards
The COVID-19 pandemic has posed unprecedented employment law challenges for both local and multinational corporations. Employers are making efforts to continue business whilst minimizing health risks for their employees. In...more
5/14/2020
/ Coronavirus/COVID-19 ,
Employee Rights ,
Employer Liability Issues ,
Employer Responsibilities ,
Federal Aid ,
Health and Safety ,
Hiring & Firing ,
Hong Kong ,
Redundancy Dismissals ,
Telecommuting ,
Wage and Hour ,
Workplace Safety
HKEx published Guidance Materials for Biotech Companies The Hong Kong Exchanges and Clearing Limited (HKEx) published and updated Guidance Materials providing prospective issuers and the market with more clarity on the...more
Equity Capital Markets -
First Listing of Iron Ore Futures ETF -
The Stock Exchange of Hong Kong Limited ("SEHK") welcomed its first iron ore futures Exchange Traded Fund ("ETF") – SSIF DCE Iron Ore Futures Index ETF...more
This tracker covers a range of developments across the region, including China's measures to further open up China's insurance sector, the guidelines issued by the Hong Kong Insurance Authority in light of the regulatory...more
In Hong Kong, any person operating a money service is required to obtain a Money Service Operator (MSO) licence.
Money services include the following...more
On Monday 20 January, the Constitutional and Mainland Affairs Bureau (“CMAB”), jointly with the Privacy Commissioner for Personal Data (“PCPD”), presented a paper outlining topics for review of the PDPO to the members of the...more
1/23/2020
/ Asia ,
Breach Notification Rule ,
Cross Border Privacy Rules (CBPR) ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Data Management ,
Data Protection ,
Hong Kong ,
International Standards ,
PCPD ,
Personal Data ,
Proposed Amendments
Our team in Hong Kong recently developed a Hong Kong Law Contract Guide. The guide discusses relevant legal principles that inform the most common contractual clauses in Hong Kong. The guide offers practical points to...more
11/13/2019
/ Arbitration ,
Consent ,
Contract Drafting ,
Contract Formation ,
Contract Termination ,
Contract Terms ,
Damages ,
Hong Kong ,
Jurisdiction ,
Legal Project Management ,
Legal Representatives ,
Limitation of Liability Clause ,
Privity of Contract ,
Representations and Warranties ,
Waiver of Liability
On 6 June, 2019, the Privacy Commissioner for Personal Data (the “PCPD“) issued an enforcement notice against Cathay Pacific Airways (and its affiliate Hong Kong Dragon Airlines) (together, “Cathay Pacific“) in respect of a...more
On 18 July, 2018, the Hong Kong Monetary Authority (the “HKMA”) published its Open Application Programming Interface (“API”) Framework for the Hong Kong retail banking sector (the “Open API Framework”). The much-anticipated...more
On 6 February, 2018, the Hong Kong Monetary Authority (the “HKMA”) published draft revisions to its “Guideline on Authorization of Virtual Banks” (the “Draft Guideline”).
...more
On 11 January, 2018, the Hong Kong Monetary Authority (the "HKMA") published its "Consultation Paper on Open API Framework for the Hong Kong Banking Sector" (the "Consultation Paper"). The Consultation Paper summarizes the...more
With overwhelming market support, The Stock Exchange of Hong Kong Limited has concluded that Hong Kong's listing regime must be expanded to remain competitive amidst a changing global capital environment.
...more