In Hong Kong, any person operating a money service is required to obtain a Money Service Operator (MSO) licence.
Dezan Shira & Associates
Global supply chain networks have been disrupted since the US-China Trade War began in January 2018, prompting several foreign investors to look for manufacturing alternatives.
STA Law Firm
The law in Hong Kong has seemed to take a plunge back into colonial-era Emergency Regulations, the new law bans the use of face or mouth masks of any nature from being worn at protests.
On 4 September 2019, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) issued the Fourth Round Mutual Evaluation Report of Hong Kong, China (Report).
Herbert Smith Freehills
Last Friday, the Hong Kong Monetary Authority (HKMA) published its money laundering and terrorist financing (ML/TF) risk assessment report for the stored value facility (SVF) sector in Hong Kong.
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The English High Court, in Triumph Controls UK Ltd v. Primus International Holding Co  EWHC 565 (TCC)
Since 1 March 2018, the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Ordinance 2018 (the "Ordinance") extended the existing Anti-Money Laundering
The Hong Kong Securities and Futures Commission has issued its largest fine ever for violations of anti-money laundering and counter-terrorist financing regulatory requirements.
Ernst & Young
The onus will be on the local AI to demonstrate how the global / regional risk assessment is relevant and applicable.
Ropes & Gray LLP
The Hong Kong Government has recently proposed to expand its AML laws. This is expected to assist Hong Kong in keeping pace with AML developments in other financial centers...
On 17 January 2017, the State Council released the Circular on Several Measures on Expanding the Opening to and Active Use of Foreign Investment (国务院关于扩大对外开放积极利用外资若干措施的通知)(Guidelines).
On 31 December 2015, Vietnam's government issued Decree 135/2015/ND-CP regulating offshore investment by Vietnamese natural and legal persons (Decree 135).
To facilitate Chinese enterprises investing overseas, the National Development and Reform Commission (NDRC) issued a draft rule to relax the approval regime for outbound investments for consultation...
Vietnam overhauled its corporate and foreign investment legislation in 2015 as the new Enterprise Law and Investment Law became effective on 1 July 2015.
Further to our previous updates regarding changes to the legislation of the British Virgin Islands (BVI), the relevant anticipated legislation has now been published.
RSM Tax Advisory
On 13 March 2015, the PRC Ministry of Commerce ("MOFCOM") and National Development and Reform Committee ("NDRC") released the 6th revision of the Foreign Direct Investment Industries Guidance Catalogue...
As the top recipient of foreign direct investment (FDI) in 2014 (source: UNCTAD), China is unarguably an important destination for investment.
Following the constant development of the Shanghai Free-Trade Zone (FTZ), the barriers for investing in companies have once again been lowered, as reforms aiming to encourage further foreign investment continue.
Dezan Shira & Associates
China's Belt & Road Initiative in terms of overseas projects has been receiving project financing to the tune of about US$13 billion a month.