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Padraig Walsh
The Hong Kong Market Entry Playbook: Business Establishment
Hong Kong has a long history of being a business-friendly location to set up both as a regional business hub and to access the sophisticated local market. In the next of a series of articles exploring the attraction of Hong Kong as a regional and…Read More
The Hong Kong Market Entry Playbook: The legal foundations
Hong Kong has a long history of being a business-friendly location to set up both as a regional business hub and to access the sophisticated local market. In the first of a series of articles exploring the attraction of Hong Kong as a regional and…Read More
Tanner De Witt is delighted that our law firm has achieved consistent recognition in Chambers and Partners Greater China Region Guide 2024
Tanner De Witt is delighted that our law firm has achieved consistent recognition in Chambers and Partners Greater China Region Guide 2024. We are honoured to have maintained top-notch rankings for an impressive 14-year stretch. Big congratulations to our exceptional team for earning this well-deserved recognition. Restructuring & Insolvency:…Read More
The regulatory framework for virtual asset-related activities in Hong Kong
As Hong Kong positions itself as a leading Web3 centre for Asia, there is increasing interest among licensed intermediaries in Hong Kong to add investment products with exposure to virtual assets to their client service offering. In this article, Pádraig Walsh and Shirley Kong from…Read More
The regulatory framework for security token offerings in Hong Kong
On 2 November 2023, the Securities and Futures Commission (SFC) published two circulars that outlined and updated regulatory framework for security token offerings in Hong Kong. In this article, Pádraig Walsh, who leads our Fintech practice group, summarises the key points of these circulars and…Read More
VATP Regulation in Hong Kong: The licence application requirements
A business that operates a centralised virtual asset trading platforms (VATP) in Hong Kong, or actively markets the business to persons in Hong Kong, must obtain a licence from the Securities and Futures Commission (SFC) in Hong Kong. This is good news. There is a…Read More
AI Impact Assessments: A practical guide for businesses
As AI becomes broadly integrated into enterprise applications and adopted by businesses, impact assessments before the adoption of AI driven technology will be essential – whether as a requirement of law or as prudent risk management and awareness. In this article, we highlight key principles…Read More
VATP regulation in Hong Kong: The transitional arrangements
The regulation of virtual asset trading platforms (VATP) was introduced in Hong Kong at a time when a number of these trading platforms were already operating in Hong Kong. The Securities and Futures Commission (SFC) has helpfully outlined a roadmap to facilitate those businesses, or…Read More
PCPD joins international efforts to scrap scraping
In this legal update, we report that the Privacy Commissioner for Personal Data in Hong Kong (“PCPD”) has joined with eleven other privacy authorities across the globe to issue a joint statement on 24 August 2023 calling for awareness and action from social media platforms…Read More
Consultation on proposed acceptance of commitments from Foodpanda and Deliveroo
On 1 June 2023, the Competition Commission commenced a consultation on its proposal to accept legally binding commitments (“Proposed Commitments”) from two leading online food delivery platforms in Hong Kong, Foodpanda and Deliveroo (“Platforms”). The Competition Commission conducted an investigation into the respective agreements between…Read More
Legal Update: PCPD investigation report on credit reference agency data subject complaint
In this snapshot legal update, the Office of the Privacy Commissioner for Personal Data (“PCPD”) published an investigation report on 1 June 2023 concerning the TE Credit Reference System, developed by Softmedia Technology Company Limited (“Softmedia”) in January 2016. Softmedia was not a credit reference…Read More
VATP regulation in Hong Kong: The regulatory perimeter
It is possible to apply to the Securities and Futures Commission (SFC) in Hong Kong to obtain a licence to engage in activities relating to virtual assets. However, not all virtual asset services are regulated and require a licence from the SFC. So, the key…Read More
