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Maria Sit
Counsel

Ms. Sit is counsel in Davis Polk's Litigation Department, resident in Hong Kong. Her practice focuses on regulatory investigations and enforcement as well as complex civil litigation and arbitration, with a particular focus in China related matters. 

Before joining Davis Polk, Ms. Sit served as an in-house counsel at the Securities and Futures Commission. Previously, she worked at the Hong Kong, London and Tokyo offices of a leading international law firm. She is fluent in English, Mandarin and Cantonese.

Work Highlights

Recent Advice
  • An international financial institution on large-scale internal investigations across Asia
  • Listed companies and their directors and officers on a broad range of regulatory issues
  • Acted for a Taiwan-listed company in the largest cement industry litigation saga in the High Court of Hong Kong
  • Acted for a U.S. major law firm in a professional negligence claim in the High Court of Hong Kong
  • U.S.-based mutual funds on cross-border litigation and global recovery actions
  • Financial institutions on regulatory matters, including major compliance failures and market misconduct, and also conducted internal investigations
  • Clients in regulatory investigations and enforcement actions by the Securities and Futures Commission and the Hong Kong Monetary Authority 

Before joining Davis Polk, Ms. Sit’s experience includes:

  • Conducting civil and criminal proceedings for the Securities and Futures Commission in relation to market misconduct and regulatory breaches
  • Acting as the Assistant Presenting Officer in the Market Misconduct Tribunal proceedings in relation to insider dealing
  • Representing a U.S. mutual fund in the Market Misconduct Tribunal proceedings concerning insider dealing by one of its US fund managers
  • Advising The Stock Exchange of Hong Kong Limited on judicial review in relation to the Listing Appeals Committee’s decision
  • Acting for:
    • A consortium of Chinese investors in Hong Kong court proceedings regarding disputes over land development projects in Shanghai and in Beijing
    • The investment arm of the Dubai Government in Hong Kong court proceedings concerning the exercise of a share option of a Hong Kong listed company
    • The Law Society of Hong Kong in the appeal proceedings concerning the decisions of the Solicitors Disciplinary Tribunal
    • A consortium of Japanese listed companies in a LCIA arbitration
    • A multinational energy company in an ICC arbitration
    • A venture capital fund in a HKIAC arbitration
    • Lloyds underwriters in a LCIA arbitration

Professional History

  • Davis Polk since 2015
  • Securities and Futures Commission, 2013-2014
  • Herbert Smith Freehills, 2010-2013
  • Reed Smith, 2004-2010

Contact

  • Davis Polk & Wardwell
    Hong Kong Solicitors
    The Hong Kong Club Building
    3A Chater Road, 18/F
    Hong Kong
    P: +852 2533 1080
    F: +852 2533 4380

Practice Focus

Bar Admissions

  • Hong Kong

Education

  • LL.B., Law, University of Hong Kong, 2000
  • PCLL, University of Hong Kong, 2001
  • M.B.A., Hong Kong University of Science and Technology, 2008

Languages

  • Cantonese
  • Mandarin