On October 11, 2023, the SFC released a consultation paper proposing guidelines for market soundings (the “Proposed Guidelines”). The Proposed Guidelines apply to both sell-side and b...
The Biden administration has requested public comment on a proposed framework restricting outbound investment by U.S. persons in certain Chinese sectors.
On June 1, 2023, Hong Kong’s licensing regime for virtual asset trading platforms came into force, following the SFC’s Consultation Conclusions published on May 23, 2023 setting out t...
In a recent determination, the Securities and Futures Appeals Tribunal reviewed the handling of disciplinary proceedings by the Securities and Futures Commission and revisited procedural ...
The Hong Kong Court recently revisited the legal principles of costs orders against non-parties in Hydrotech Waterproofing Solutions Limited v Shun Yuen Construction Company [2023] HKCFI ...
On 20 February 2023, the Hong Kong SFC published a Consultation Paper setting out the proposed regulatory requirements for licensed Virtual Asset Service Providers under the new regime, t...
Davis Polk partner Zach Zweihorn served as the contributing editor for the 2023 edition of Getting the Deal Through: Financial Services Compliance, a reference guide enabling side-by-side...
On January 31, 2023, the Hong Kong Monetary Authority published the conclusions to its earlier consultation on stablecoin regulations. The consultation conclusions set out the HKMA’s hi...
This client update reviews Hong Kong regulatory requirements applicable to SFC-licensed fund managers and individuals that sponsor or promote SPACs and analyzes the relationship, transact...
On 31 October, the government and regulators of the Hong Kong financial industry signaled a clear intention to embrace digital ledger technology and its various applications such as crypt...
