Legislative Update

New Reciprocal Enforcement for Mainland & Hong Kong Effective Soon
New Reciprocal Enforcement for Mainland & Hong Kong Effective Soon 1400 787 Hauzen LLP
Once in effect, a new cross-border enforcement regime would significantly expand scope of reciprocal enforcement and streamline judgment registration procedure.

HK Companies Can Now Hold Fully Virtual General Meetings
HK Companies Can Now Hold Fully Virtual General Meetings 1400 788 Hauzen LLP
Companies (Amendment) Ordinance 2023 modernises the way AGMs or general meetings can be held. Hong Kong’s legislation is gradually embracing modern technology.
Cryptocurrency & BT3

Hong Kong to Regulate Stablecoins
Hong Kong to Regulate Stablecoins 1400 788 Hauzen LLP
New regulatory regime significant for stablecoins, and Hong Kong in particular. Stablecoins like USDT & USDC widely used as alternative currency for payment.

Passage of AML and CTF (Amendment) Bill 2022
Passage of AML and CTF (Amendment) Bill 2022 1400 788 Hauzen LLP
The amended AMLCTFO will come into effect in phases in 2023Q2 to provide industries concerned with sufficient time to prepare for new regulatory requirements.

Hong Kong Embraces Cryptocurrency: Get Ready for New VASP Regime
Hong Kong Embraces Cryptocurrency: Get Ready for New VASP Regime 1400 787 Basil Hwang
Operating a virtual asset in Hong Kong? Learn what you need to do to get ready for the new SFC legislation starting 01 June 2023!

HK has Fully Implemented the Outcome Related Fee Structures for Arbitration Regime
HK has Fully Implemented the Outcome Related Fee Structures for Arbitration Regime 1400 788 Hauzen LLP
On 16 December 2022, the ORFSA regime was fully implemented in Hong Kong through the amended Arbitration Ordinance (Cap. 609) and the new Arbitration (Outcome Related Fee Structures for Arbitration) Rules (Cap. 609D).
  • Yuqi Shi

HKLRC Proposes New Legislation on Cybercrime
HKLRC Proposes New Legislation on Cybercrime 1400 787 Yuqi Shi
Businesses in Hong Kong may soon need to account for cybercrimes laws when establishing their information and communication technology security frameworks.

PCPD Issues Guidance Note on Data Security Measures
PCPD Issues Guidance Note on Data Security Measures 1400 787 Hauzen LLP
With data breaches and compliance actions on the rise, the Office of the Privacy Commissioner for Personal Data issued new guidance on data security measures.

SFC proposes amendments to Securities and Futures Ordinance to strengthen enforcement
SFC proposes amendments to Securities and Futures Ordinance to strengthen enforcement 1400 788 Hauzen LLP
The SFC is accepting comments on its proposed amendments by no later than 12 August 2022.

Consultation on New Type 13 Regulated Activity
Consultation on New Type 13 Regulated Activity 1400 788 Hauzen LLP
In Feb 2022, SFC released its Consultation Conclusions on the Proposed Regulatory Regime for Depositaries of SFC-authorised Collective Investment Schemes.
Back to top
Privacy Preferences

When you visit our website, it may store information through your browser from specific services, usually in the form of cookies. Here you can change your Privacy preferences. It is worth noting that blocking some types of cookies may impact your experience on our website and the services we are able to offer.  View our Legal Notices

For performance and security reasons we use Cloudflare
required
Click to enable/disable Google Analytics tracking code.
Click to enable/disable Google Fonts.
Click to enable/disable Google Maps.
Click to enable/disable video embeds.
Our website uses cookies, including from 3rd party services. Define your Privacy Preferences and/or agree to our use of cookies.