Hong Kong: Terrorism, Homeland Security & Defence

The Cayman Islands Monetary Authority has issued two new binding rules that will fundamentally reshape compliance obligations for financial service providers, including mutual funds, private funds, and SIBA registrants. These rules convert previously non-binding guidance into enforceable requirements with significant penalties for non-compliance, mandating enhanced anti-money laundering programs, sanctions screening protocols, and independent audit obligations.

In February 2025, we published an article on the gazette of The Courts (Remote Hearing) Bill: https://hauzen.hk/remote-hearings-set-to-increase-in-hong-kong. This has now evolved into a concrete legal framework.

The Trade Unions (Amendment) Bill 2025 (the "Bill") was passed by the Legislative Council on 25 June 2025 and will come into operation on 5 January 2026.

The Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region ("the NSL") formally takes effect from today.

The Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 has been passed by the Legislative Council on 7 December 2022.

In July 2022, the Hong Kong government published its second money laundering (ML) and terrorist financing (TF) risk assessment report, based on an assessment completed in 2021, (the "Report").

The Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region (HKSAR National Security Law) was gazetted on 30 June 2020 ...

Following the decision taken by China's National People's Congress to adopt a new national security law (the "Security Law") for the Hong Kong Special Administrative Region ("Hong Kong") on May 28...

This Legal Update follows up on our previous Legal Update.