Updates

Covering the latest legal developments that impact individuals and businesses. Stay informed on changes in laws, regulations, and proposed legislative reforms.

cryptocurrency - bitcoin

Basil Hwang Shares Expert Insights with FT on New Stablecoins Bill

Basil Hwang Shares Expert Insights with FT on New Stablecoins Bill 1400 787 Hauzen LLP

Our Managing Partner, Basil Hwang, was recently invited by Banking Risk & Regulation (a specialty service of The Financial Times) to provide expert commentary on Hong Kong’s newly passed Stablecoins…

Need to Freeze Assets in the Mainland? More HK Arbitral Institutions Now Covered Under Cross-Border Relief Arrangement

Need to Freeze Assets in the Mainland? More HK Arbitral Institutions Now Covered Under Cross-Border Relief Arrangement 1400 788 Julie Chan

In cross-border arbitration, timing is everything — especially when there’s a risk that assets might vanish before a final award is handed down. Interim measures, such as injunctions or preservation…

A Kitchen Nightmare – China Shanshui Cement Group Ltd and Ors v. Zhang Caikui and Ors

A Kitchen Nightmare – China Shanshui Cement Group Ltd and Ors v. Zhang Caikui and Ors 1280 720 Hauzen LLP

“When a chef makes a dish using a few possibly good ingredients, but mixes them with many clearly bad ingredients and then seriously overcooks the whole thing, even the taste…

Navigating Hong Kong’s New Generative AI Guidelines: Key Considerations for Businesses

Navigating Hong Kong’s New Generative AI Guidelines: Key Considerations for Businesses 1400 788 Hauzen LLP

On 15 April 2025, Hong Kong’s Digital Policy Office (“DPO”) took a significant step in shaping the future of artificial intelligence (“AI”) governance with the release of the Generative Artificial Intelligence…

SFC and HKMA Issue Circulars on Staking Services

SFC and HKMA Issue Circulars on Staking Services 1400 935 Hauzen LLP
Hong Kong now permits licensed crypto platforms to provide staking services with safeguards—custody controls, transparency, regulatory oversight, and more.

Remote Hearings Set to Increase in Hong Kong

Remote Hearings Set to Increase in Hong Kong 1401 787 Hauzen LLP
The Courts (Remote Hearing) Bill seeks to improve court efficiency via remote hearings, responding to user demands for tech integration.

New Fast Licensing Process for All New VATPs

New Fast Licensing Process for All New VATPs 1400 788 Hauzen LLP

On 16 January 2025, the Securities and Futures Commission (“SFC”) announced a new, expedited licensing process for new virtual asset trading platform (“VATP”) applicants. With the updated process, VATP applicants…

cryptocurrency - bitcoin

SFC’s Revamped Second-Phase Assessment for Virtual Asset Trading Platforms

SFC’s Revamped Second-Phase Assessment for Virtual Asset Trading Platforms 1400 787 Hauzen LLP

On 18 December 2024, the Securities and Futures Commission (“SFC”) issued a circular outlining updates to the licensing process and the revamped Second-Phase Assessment[i] for virtual asset trading platforms (“VATPs”)…

cryptocurrency - bitcoin

The SFC’s Initiatives to Grow Hong Kong’s Virtual Asset Market

The SFC’s Initiatives to Grow Hong Kong’s Virtual Asset Market 1400 787 Hauzen LLP
The SFC outlines initiatives for Hong Kong’s virtual asset market, including swift licensing, a consultative panel, and tokenisation efforts.

Hong Kong’s Stablecoins Bill to Undergo First Reading

Hong Kong’s Stablecoins Bill to Undergo First Reading 1400 788 Hauzen LLP
In this article, we break down and summarise the key aspects of the Stablecoins Bill.
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