This client update reviews Hong Kong regulatory requirements applicable to SFC-licensed fund managers and individuals that sponsor or promote SPACs and analyzes the relationship, transact...
On 31 October, the government and regulators of the Hong Kong financial industry signaled a clear intention to embrace digital ledger technology and its various applications such as crypt...
More shareholder challenges of offshore corporate transactions are likely to be filed in U.S. courts following a recent decision holding that a forum clause in a foreign issuer’s deposi...
The PCAOB signed a statement of protocol agreement with the China Securities Regulatory Commission and the Ministry of Finance of China, which could prevent China-based, U.S.-listed firms...
On July 6, 2022, the Hong Kong government introduced the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 (the Bill), which includes a new licensing regime for ...
An important chapter for Hong Kong’s capital markets is ready to be unveiled as the rules for establishing a new SPACs listing regime are set to take effect on January 1, 2022. In this ...
The SEC finalized rules to implement the Holding Foreign Companies Accountable Act. The law was enacted in 2020 in response to the inability of the PCAOB to inspect the audits of China-ba...
Personal Information Protection Law of China (PIPL) came into effect today, containing rules comprehensively regulating personal data processing activities across all industries in and ou...
In recent months, the Hong Kong Stock Exchange has stepped up its scrutiny of investments by Hong Kong-listed companies in various types of short-term investment products. Importantly, bu...
On December 2, 2020, the U.S. House of Representatives passed by unanimous consent the Holding Foreign Companies Accountable Act, which would require the United States Securities and Exch...