News & Analysis as of

Regulatory Oversight Hong Kong

Mayer Brown

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

Mayer Brown on

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

Latham & Watkins LLP

Key Regulatory Updates for Hong Kong Listed Companies - January/February 2024

Latham & Watkins LLP on

The updates include a report from the Stock Exchange of Hong Kong Limited on review of issuers’ annual reports, a summary of private reprimands, and disciplinary actions....more

Latham & Watkins LLP

Hong Kong Consults on Proposed Approach to Stablecoin Legislation

Latham & Watkins LLP on

The proposed regulatory framework would create substantive obligations on issuers of fiat-referencing stablecoins to safeguard the public. On 27 December 2023, the Financial Services and the Treasury Bureau (FSTB) and...more

Goodwin

Mandatory Licensing Regime for Virtual Asset Exchanges in Hong Kong

Goodwin on

Hong Kong has traditionally been a hub for digital asset businesses in the region. As regulators in Hong Kong are working to tighten the regulatory regime on virtual asset exchanges, market players and investors seeking to...more

Latham & Watkins LLP

Hong Kong Securities and Futures Commission Issues Statement on NFTs

Latham & Watkins LLP on

The SFC issued a statement to clarify its regulatory approach in relation to non-fungible tokens and remind investors of related risks. On 6 June 2022, the Hong Kong Securities and Futures Commission (SFC) issued a...more

Hogan Lovells

Changes in insurance regulation: Mainland China / Hong Kong / Singapore / Indonesia / Vietnam

Hogan Lovells on

On 12 January 2021, the China Banking and Insurance Regulatory Commission (CBIRC) issued the Regulating the Informatization Work of Insurance Intermediaries Measures (Insurance Intermediaries Measures), which took effect on 1...more

Hogan Lovells

Changes in insurance regulation: Mainland China/Hong Kong/Singapore/Indonesia

Hogan Lovells on

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

Latham & Watkins LLP

Hong Kong Fintech Week 2020: 3 Key Policy Initiatives of the HKMA

Latham & Watkins LLP on

The HKMA introduces a new data sharing initiative, reported on the central bank digital currency initiative, and outlined regtech plans. The fifth annual Hong Kong Fintech Week conference kicked off with speeches and panels...more

Latham & Watkins LLP

Key Regulatory Developments in Hong Kong and Singapore: September 2020

Latham & Watkins LLP on

Regulators consult on anti-money laundering guidelines and issue guidance on cybersecurity, best execution, and senior management accountability. This blog post summarizes key regulatory developments in Hong Kong and...more

Latham & Watkins LLP

Key Regulatory Developments in Hong Kong and Singapore: July 2020

Latham & Watkins LLP on

Regulators are consulting on how to enhance trust business regulation, introduce new omnibus legislation, and encourage best practices in sustainable banking. This blog post summarises key regulatory developments in Hong...more

Polsinelli

BitBlog Weekly Update

Polsinelli on

This BitBlog summary focuses on the continuing actions by the U.S. Securities and Exchange Commission (“SEC”) against the issuers of noncompliant initial coin offerings (“ICOs”) and other crypto related transactions including...more

Hogan Lovells

Changes in insurance regulation: China / Hong Kong / Singapore / Indonesia / Vietnam - January - June 2019

Hogan Lovells on

The tracker covers a range of developments including the Hong Kong Insurance Authority’s newly issued Guideline on Qualifying Deferred Annuity Policy, the Monetary Authority of Singapore’s Guidance to Capital Markets...more

Hogan Lovells

Financial Services Regulatory Tracker - Q4 2018

Hogan Lovells on

Many of our financial services sector clients have indicated their need to keep track of updates on new laws and regulations amid a rapidly changing regulatory landscape in Hong Kong. ...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

To no one’s surprise, the Fed followed through with its months of promises and raised its benchmark interest rate by 25 basis points yesterday. The FOMC also indicated that it’s planning to raise rates again in December....more

Hogan Lovells

Episode two Hong Kong relaxes regulations on product placement

Hogan Lovells on

The Communications Authority ("CA") recently issued its decision to relax existing regulations on indirect advertising (commonly known as product placement) in television programmes ("TV programmes") and to lift bans on...more

Akin Gump Strauss Hauer & Feld LLP

SFC Issues Consultation Conclusions on the Hong Kong Open-Ended Fund Company Regime

• The introduction of an OFC structure in Hong Kong is intended to further develop Hong Kong as an international asset management centre and fund domicile. • The OFC provides Hong Kong Type 9 licenced managers seeking to...more

Jones Day

Global Privacy & Cybersecurity Update Issue 18 | June 2018

Jones Day on

JONES DAY CYBERSECURITY, PRIVACY & DATA PROTECTION ATTORNEY SPOTLIGHT: Richard Martinez - Europe's new General Data Protection Regulation ("GDPR") is driving an evolution in corporate privacy practices globally. As...more

Hogan Lovells

Changes in insurance regulation: China / Hong Kong / Singapore / Indonesia / Vietnam - January - March 2018

Hogan Lovells on

Our Asia insurance regulatory tracker for the first quarter of 2018 is below. It includes updates on the introduction of an insurance levy in Hong Kong, a consultation on agency recruitment incentives in Singapore, and new...more

Dorsey & Whitney LLP

Hong Kong Offers New Capital Markets Opportunity for Life Sciences and Healthcare Companies

Dorsey & Whitney LLP on

Historically, the US, and, in particular, the NASDAQ market, has been the predominant place for IPOs of life sciences and healthcare companies. However, 2018 may be the year in which things start to change....more

Jones Day

Hong Kong Securities and Futures Commission Proposes Raising Whitewash Approval Threshold

Jones Day on

The Situation: The high level of certainty of obtaining shareholders' approval for whitewash waivers could lead to potential abuse by parties looking to obtain or consolidate control through whitewash transactions in Hong...more

Hogan Lovells

Cold calls in hot water: Hong Kong consultation paper on P2P telemarketing

Hogan Lovells on

Businesses may often use peer-to-peer ("P2P") telemarketing calls involving interpersonal communication to promote goods and services directly to customers. While such calls may be effective in some cases, they appear to be...more

Wilson Sonsini Goodrich & Rosati

SEHK Invites Market Feedback on Establishment of New Listing Board

On June 16, 2017, the Stock Exchange of Hong Kong Limited (SEHK) published a concept paper setting forth proposals for the establishment of a new listing board (the "New Board"), with a view to attracting "New Economy"...more

Hogan Lovells

Hong Kong – The new independent insurance regulator takes charge

Hogan Lovells on

It has been announced that the new Independent Insurance Authority for Hong Kong (“IIA“) will assume its functions on 26 June 2017 (the “Commencement Date“), replacing the Office of the Commissioner of Insurance....more

Proskauer Rose LLP

US SEC and Hong Kong SFC Sign New Memorandum of Understanding

Proskauer Rose LLP on

The US Securities and Exchange Commission (SEC) and the Hong Kong Securities and Futures Commission (SFC) have signed a Memorandum of Understanding (MOU) which came into effect on January 18, 2017. The subject of the MOU is...more

Hogan Lovells

Antitrust, Competition and Economic Regulation Quarterly Newsletter - Winter 2017

Hogan Lovells on

FTC takes another look at merger remedies - On 3 February 2017, the U.S. Federal Trade Commission (“FTC”) released its Merger Remedies Study, which analyzed the success of merger remedies imposed by the FTC from 2006 to...more

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