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...
The Treasury Department has released a final rule, effective January 2, 2025, that will impose extensive diligence requirements and, in some cases, prohibitions on U.S. investment in Chin...
The Biden administration released its proposed rule that would establish a regulatory framework for outbound investments in China, following its advanced notice of proposed rulemaking rel...
