Resources
Hong Kong – Changes To The Hong Kong OTC Derivatives Mandatory Reporting And Clearing Requirements.
Hong Kong has implemented mandatory reporting and clearing requirements for certain OTC derivatives transactions. On 27 March 2018, the Hong Kong Monetary Authority and Securities Futures Commission issued a joint consultation paper (Consultation) that...
Hong Kong – China – The Legal Market Heats Up With The Weather!
As we begin the new financial year, it seems Spring is indeed in the air for the legal market in Hong Kong. The past couple of years have seen several challenges, including a sluggish IPO market, uncertainty in the Chinese equities market, and some would say, an...
Artificial Intelligence And The Asian Legal Market
New York LegalTech 2018 closed on Feb 1, 2018 and without a doubt, the highlight and dominant theme of the conference was artificial intelligence in the law.[1] Although there has been extensive coverage of AI in legal application in North America and Europe,...
Hong Kong Regulator Steps In To Halt ICO
A financial services regulator in Hong Kong has stepped in to stop a business offering digital tokens to prospective investors. The Securities and Futures Commission (SFC) said it had concerns that Black Cell Technology's 'initial coin offering' (ICO) to the public in...
I-Tech Law 2018: Addressing The Present, Thinking About The Future
The 2018 meeting of the International Technology Law Association (ITechLaw) was held March 7-9, 2018 in Hong Kong bringing together lawyers, regulators, business leaders, futurists and entrepreneurs to discuss the challenges they face today at the intersection of law...
Hong Kong – Budget Highlights For The Financial Services Industry.
Hong Kong’s Financial Secretary delivered a budget speech on 28 February 2018. The section dedicated to the financial services industry is available here. Briefly, the following items are noteworthy for the asset management sector: OFC: The...
Hong Kong Announces Groundbreaking New Rules For Dual-Class Share, High-Tech And Biotech Company Listings.
After publishing the “New Board Concept Paper Conclusions” in December 2017, the Stock Exchange of Hong Kong Limited (the Exchange) issued on 23 February 2018 a consultation paper entitled “A Listing Regime for Companies From Emerging and Innovative Sectors”...
Hong Kong Innovation And Technology
Let’s start 2019 with a look at Hong Kong innovation and technology. Innovation and technology (“I&T”) would continue to be a key theme at the annual Asian Financial Forum (AFF). AFF 2019 – Creating a Sustainable and Inclusive Future, to be...
Hong Kong – A Year In Review
2018 brought with it a number of important legal developments in Hong Kong and this article summarises some of the more important ones. Competition law defences: The High Court has ruled on 17 May 2018, in Taching Petroleum Company, Limited v Meyer Aluminium...
The Hong Kong Competition Ordinance – 2018 In Review And The Potential Enforcement Horizon In 2019
2018 in review The HKCC had a busy 2018: it brought its first two prosecution cases to trial, a third case was started, and a number of other activities were undertaken. Of note was the exemption application decision relating to the banking sector, and reports of...