Hauzen LLP, Author at Hauzen LLP

Hauzen LLP
01/06/2023

Recent Enforcement Actions on Money Service Activities

Recent Enforcement Actions on Money Service Activities https://hauzen.hk/wp-content/uploads/2022/06/crosswalk-pexels-sora-shimazaki-5673518_1400x788.jpg 1400 788 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 01/06/2023 15/08/2024

Efficient and sufficient record-keeping is essential to effective AML/CFT compliance for MSOs, and the C&ED expects adherence with all applicable requirements.

Hauzen LLP
17/05/2023

Press

ALB | Hong Kong’s Hauzen Recruits Former Deutsche Lawyer as Partner

ALB | Hong Kong’s Hauzen Recruits Former Deutsche Lawyer as Partner https://hauzen.hk/wp-content/uploads/2023/03/Hauzen-LLP-Andy-Lau_600x600.jpg 600 600 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 17/05/2023 22/05/2023

Hauzen has hired corporate and regulatory lawyer Andy Lau as a partner. Lau’s most recent role was at Deutsche Bank, where he was senior legal counsel 2018-2021.

Hauzen LLP
10/05/2023

Hong Kong to Regulate Stablecoins

Hong Kong to Regulate Stablecoins https://hauzen.hk/wp-content/uploads/2021/11/circuitboard-vishnu-mohanan-pfR18JNEMv8-unsplash_1400x788.jpg 1400 788 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 10/05/2023 15/08/2024

New regulatory regime significant for stablecoins, and Hong Kong in particular. Stablecoins like USDT & USDC widely used as alternative currency for payment.

Hauzen LLP
10/05/2023

Hong Kong Courts recognise Cryptocurrency as Property

Hong Kong Courts recognise Cryptocurrency as Property https://hauzen.hk/wp-content/uploads/2022/01/bitcoin-pexels-alesia-kozik-6778581_1400x788sm.jpg 1400 788 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 10/05/2023 15/08/2024

Hong Kong High Court made important step in recognising legal status of cryptocurrencies establishing them as “property” that can be held on trust.

Hauzen LLP
10/05/2023

Managing a Cryptocurrency Portfolio – What Licensed Asset Managers Need to Know

Managing a Cryptocurrency Portfolio – What Licensed Asset Managers Need to Know https://hauzen.hk/wp-content/uploads/2021/11/woam-computer-pexels-mikhail-nilov-7534101_1400x788.jpg 1400 788 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 10/05/2023 19/06/2024

What should asset managers do if they want to manage portfolios holding virtual assets? To address risks, SFC has started to regulate VA portfolio managers.

Hauzen at Chambers Forum Hong Kong 2023 - binnersley, hwang, lau

Hauzen LLP
02/05/2023

Chambers Forum: Hong Kong 2023

Chambers Forum: Hong Kong 2023 https://hauzen.hk/wp-content/uploads/2023/05/Hauzen-Chambers-Forum-Hong-Kong-2023_IMG_0328-edited.jpg 1200 675 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 02/05/2023 15/08/2024

Hauzen LLP is proud to have been a sponsor of Chambers Forum: Hong Kong 2023 with Basil Hwang 黃浩宸, Nigel Binnersley, and Andy K.T. Lau in our panel discussion.

Hauzen LLP
20/04/2023

Proposals to Expand Paperless Listing Regime

Proposals to Expand Paperless Listing Regime https://hauzen.hk/wp-content/uploads/2021/11/network-pexels-brett-sayles-4339335.jpg 1400 788 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 20/04/2023 26/04/2023

Exchange now proposes changes to other documentary requirements to further simplify the administrative procedures and reduce the use of paper.

Hauzen LLP
18/04/2023

Passage of AML and CTF (Amendment) Bill 2022

Passage of AML and CTF (Amendment) Bill 2022 https://hauzen.hk/wp-content/uploads/2021/12/papers-pexels-brotin-biswas-518543_1400x788sm.jpg 1400 788 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 18/04/2023 15/08/2024

The amended AMLCTFO will come into effect in phases in 2023Q2 to provide industries concerned with sufficient time to prepare for new regulatory requirements.

Hauzen LLP
18/04/2023

Hong Kong Wah Kiu Investment Co Ordered to Compensate Clients

Hong Kong Wah Kiu Investment Co Ordered to Compensate Clients https://hauzen.hk/wp-content/uploads/2021/02/bangkok-stairs-ryan-tang-8OyZGH43-p4-unsplash-sm.jpg 1400 788 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 18/04/2023 15/08/2024

The SFC’s investigation reveals intent to defraud or deceive and orders HKWKICL clients compensated

Hauzen LLP
12/04/2023

The Crypto Winter and the Rise in Crypto Fraud

The Crypto Winter and the Rise in Crypto Fraud https://hauzen.hk/wp-content/uploads/2023/04/bitcoin-rythik-A-p_6tFvGF8-unsplash_1400x787.jpg 1400 787 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/89f4c19e43caa7e0225dad1d9dad1fec?s=96&d=mm&r=g 12/04/2023 19/06/2024

There is much debate over whether the crypto winter is over. In the meantime, investors should should get good advice early in the game to avoid scams.

Hauzen LLP