Updates

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

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.

Court of Appeal Extends Re Guy Kwok-hung Lam to arbitrable cross-claims
Court of Appeal Extends Re Guy Kwok-hung Lam to arbitrable cross-claims 1400 788 Hauzen LLP
This decision confirms that Hong Kong Courts will stay a winding-up petition of a company pending determination of an arbitrable cross-claim.

Attendance of Orientating Race (Hong Kong Maritime Week 2024)
Attendance of Orientating Race (Hong Kong Maritime Week 2024) 1440 1080 Hauzen LLP

The kick-off event of Hong Kong Maritime Week 2024, the Orientating Race, was held on Sunday, 17 November 2024. While it was rainy and windy, this did not deter eager…

Poison Address Attacks
Poison Address Attacks 1280 720 Hauzen LLP
Find out more about Poison Address Attacks in our latest article, an increasingly common tactic used by scammers to steal crypto assets.

Overview of Insurance and Reinsurance Regulation in Hong Kong
Overview of Insurance and Reinsurance Regulation in Hong Kong 1400 788 Hauzen LLP

Introduction Hong Kong’s insurance industry is governed by the Insurance Authority (IA), an independent statutory body responsible for overseeing insurers and intermediaries under the Insurance Ordinance (Cap. 41). This legislation…

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