On 24 December 2025, the Hong Kong Financial Services and Treasury Bureau and the Securities and Futures Commission jointly published consultation conclusions to their legislative proposa...
New Department of the Treasury guidance and the 2026 National Defense Authorization Act include a number of provisions affecting cross-border investment, including an update to the Outbou...
On 3 November 2025, the Hong Kong Securities and Futures Commission published two circulars on the licensing regime for virtual asset trading platforms. This client update identifies the ...
Davis Polk partner and Europe practice head Will Pearce and partner and Mergers & Acquisitions co-chair Louis Goldberg are contributing editors of Lexology’s Panoramic: Private M&A 2026...
Hong Kong’s licensing and regulatory framework for fiat-referenced stablecoins came into effect on 1 August 2025, regulating the issuance, offering and marketing of fiat-referenced stab...
On May 21, 2025, the Hong Kong Legislative Council passed the Stablecoins Ordinance, establishing a regulatory regime for the issuance, offering and marketing of stablecoins in Hong Kong....
On June 27, 2025, the Hong Kong Financial Services and Treasury Bureau and the Securities and Futures Commission jointly published two consultation papers on legislative proposals regulat...
The DOJ has published an enforcement policy and various guidance on its final rule restricting sensitive data transfers to countries of concern, including China.
The Trump administration’s policy memorandum on U.S.-China investment indicates continued tightening along the lines of existing initiatives, but not a revolutionary break.
Beginning in April 2025, the new rule will require many U.S. companies to adopt government-imposed cybersecurity standards before entering into, or prohibit altogether, a wide range of tr...