FinTech Comparative Guide for the jurisdiction of Hong Kong, check out our comparative guides section to compare across multiple countries
This article, authored by partner Gabriela Kennedy and counsel Karen Lee (both Hong Kong), was reprinted in the December 2019 edition of CSj, the monthly journal of The Hong Kong Institute of Chartered
A Hong Kong court has granted an injunction freezing the assets of a French cryptocurrency trader in a dispute over what happened to bitcoins held in an...
Herbert Smith Freehills
On 6 November 2019, the Security and Futures Commission (SFC) issued a position paper setting out a new regulatory framework ...
While Hong Kong has long been the jewel in the crown of Asia's financial sector, the city is now pursuing growth through the addition of financial technology investment.
Despite being brought into force over two years ago, uncertainty remains regarding the application of China's Cybersecurity Law (CSL).
Clyde & Co
The Insurance Authority has issued its Guideline on Cybersecurity (GL20) for authorised insurers, which will take effect on 1 January 2020.
This market trends article identifies comprehensive disclosures related to cybersecurity risks, including discussions about the potential reputational, financial, or operational harm resulting from cybersecurity breaches;
STA Law Firm
The Hong Kong Monetary Authority (the HKMA), on 24 May 2019, issued an alert for eight (8) cyber security incidents which involved a total amount of HK Dollars 70,000.
The Financing and Money Services Act, 2009 (FSMA) provides a framework for the licensing, registration and supervision of persons carrying on financing
Whilst there is ongoing debate over cryptocurrency (the risks and rewards), blockchain has generally been heralded as the golden nugget when it comes to new ways of doing business.
The Banking Policy Department of the HKMA published a circular 1 on 18 March 2019 in light of a newsletter by the BCBS on 13 March 2019, stating the BCBS' prudential expectations regarding banks' exposures to...
On 1 November 2018, China's new Regulation on Internet Security Supervision and Inspection by Public Security Bureaus ("Regulation") came into effect.
On 26 October 2018, in the Decision of the Standing Committee of the National People's Congress on Several Issues concerning Judicial Procedures for Patent and Other Intellectual Property Cases
On 1 November 2018, Hong Kong's Securities and Futures Commission ("SFC") issued a statement and circular that expanded its regulatory reach over virtual asset activities.
This is expected to solve the long-standing problems for these operators to open bank accounts for general banking transactions in Hong Kong.
In a keynote speech at the Hong Kong Fintech Week on 1 November 2018, the SFC again asserted its cautious regulatory approach by announcing that it would step up its game in protecting investors of virtual assets.
Fiona Chan and Alison Thomson, members of Appleby's Global Technology and Innovation Group recently attended the SPOT conference in Hong Kong ...
Asia-Pacific region economies are often spoken of in terms of their rapid adoption of mobile communications...
No one is immune from cyberfrauds and cyberattacks. Individuals, businesses, professional firms and even government organisations often fall prey to such attacks and become victims of ...