Hong Kong
K&L Gates
In late January 2024, Hong Kong's privacy watchdog, the Personal Data Privacy Commission ("PCPD") raided six premises of Worldcoin...
K&L Gates
In our previous blog, we discussed the Hong Kong Securities and Futures Commission (SFC)'s position on the taxonomy of tokenized securities and digital securities...
Mayer Brown
Insolvency litigation witnessed intriguing developments across multiple aspects in Hong Kong in 2023, ranging from the court's updated Practice Direction on Bankruptcy and Winding-Up Proceedings...
K&L Gates
On 2 November 2023, Hong Kong's Securities and Futures Commission (SFC) issued a circular addressing the participation of intermediaries in tokenized securities-related activities (the Circular).
Herbert Smith Freehills
Since the new licensing regime for virtual asset trading platforms (VATPs) came into effect on 1 June 2023, allowing retail access to VATP services...
Withers LLP
Recently in the Family Court, the judge had to decide on questions of non-disclosure of crypto investments and whether the crypto investments by the husband amounted to 'wanton' or 'reckless' spending.
K&L Gates
The Securities and Futures Commission of Hong Kong (SFC) will now allow tokenized authorized investment products to be offered to retail investors. Recognizing the growing interest in the tokenization...
Mayer Brown
In their recent Joint Circular to intermediaries on 20 October 2023, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) set out their updated policy...
Withers LLP
Crypto companies and exchanges are facing unprecedented pressure from financial regulators around the world, with many digital asset businesses starting to consider moving to friendlier locations.
K&L Gates
In a transformative step for the financial technology (fintech) industry, the Hong Kong Monetary Authority (HKMA) recently announced a new Fintech Promotion Roadmap (Roadmap)...
Global Advertising Lawyers Alliance (GALA)
Multiple complaints have been made to the police about a specified cryptocurrency exchange trading in virtual assets. The exchange had allegedly made false claims on its trading platform of the easy accumulation...
Winston & Strawn LLP
On August 7, 2023, the Securities and Futures Commission of Hong Kong (SFC) issued a warning to virtual asset trading platforms (VATPs) engaging in "improper practices" under the SFC's new regulatory regime for VATPs.
K&L Gates
The Hong Kong government is trying to support the growth of virtual asset and other Web3 industries. One of the first key steps they've taken is to put virtual asset trading platforms...
Winston & Strawn LLP
The Securities and Futures Commission of Hong Kong (SFC) recently announced the new regulatory and licensing requirements for virtual asset trading platform operators...
Timothy Loh
The HKMA released its conclusions on a consultation for new proposed regulations of stablecoins.
Timothy Loh
Proposed legislation aims to regulate VASPs to combat fraud and deceptive practices in transactions of "virtual assets".
Mayer Brown
The emergence of cryptocurrency as an investment asset, alongside the proliferation of blockchain technology, has raised important legal questions, particularly regarding the legal status of cryptocurrency.
Worldwide
Withers LLP
In the first part of our discussion about key developments across Asia in 2024, we looked at investment trends. Here we pick up the thread with a focus on the impact of AI.
Herbert Smith Freehills
Welcome to Herbert Smith Freehills' monthly private wealth industry updates in Asia. Every month we survey ten Asian jurisdictions for legal developments concerning trust and estate planning which are of interest...
Herbert Smith Freehills
Welcome to Herbert Smith Freehills' monthly private wealth industry updates in Asia. Every month we survey ten Asian jurisdictions for legal developments concerning trust and estate planning...