The Treasury Department has released a final rule, effective January 2, 2025, that will impose extensive diligence requirements and, in some cases, prohibitions on U.S. investment in Chin...
The Biden administration released its proposed rule that would establish a regulatory framework for outbound investments in China, following its advanced notice of proposed rulemaking rel...
The SEC backpedaled on its proposed rules that would have expanded the scope of underwriter liability and included a new safe harbor under the Investment Company Act of 1940. But the fina...
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...
The NYSE and Nasdaq have amended their proposed listing standards relating to clawbacks to provide that October 2, 2023 will be the effective date, which means that listed companies will ...
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...
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 the heels of a similar rule change for Nasdaq, the SEC approved rule changes relaxing price range limitations for primary direct listings on the NYSE. The modified rule allows the open...
