Regulatory

03Aug2021

Legal Update – Anti-Money Laundering and Counter-Terrorist Financing Review Tribunal and Competence Assessment for Money Service Operators

The Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Chapter 615 of the laws of Hong Kong, (“AMLO”) (formerly known as Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance) came into effect on April 1 2012.  It aims to enhance the anti-money laundering (“AML”) and counter-financing of…Read More

13Jul2021

Data Breach Response: The Continuous Improvement Cycle

Ever tried? Ever failed? No matter. Try again. Fail again. Fail better. So said Samuel Beckett. And quite pertinent in the context of data breaches. In this article, Pádraig Walsh from the Privacy and Cybersecurity practice group of Tanner De Witt explains that, in a…Read More

06Jul2021

Data Breach Response: Role of the Legal Team

Lawyers play a critical role in the response to a data breach. In this article, Pádraig Walsh from the Privacy and Cybersecurity practice group of Tanner De Witt explains the role of the legal team, why engaging external counsel is often essential, and the importance…Read More

08Jun2021

Data Breach Response: Managing Liability

The stakes are high after a data breach. There is a clear and present danger of legal liability. In this article, Pádraig Walsh from the Privacy and Cybersecurity practice group of Tanner De Witt provides guidance on managing liability following a data breach. The primary…Read More

28May2021

Data Breach Response: Ten Tips on Managing Regulatory Inquiries

A letter arrives from the Privacy Commissioner. There are awkward questions. Well, settle in for the long haul. You are now at the start of an inquiry. In this article, Pádraig Walsh from the Privacy and Cybersecurity practice group of Tanner De Witt provides ten…Read More

25Feb2021

Arbitration partner Kevin Warburton gives his views on the Supplemental Arrangement in Asian Legal Business

Arbitration partner Kevin Warburton is featured in Asian Legal Business’ recent article Refinement and Clarity which discusses the Supplemental Arrangement Concerning the Mutual Enforcement of Arbitral Awards between China and Hong Kong. Kevin shares his thoughts on recognition and enforcement, removal of the restriction of…Read More

18Feb2021

Tanner De Witt seeks Corporate and Commercial Solicitor (2-4PQE)

THIS POSITION HAS BEEN FILLED. WE ARE NO LONGER ACCEPTING APPLICATIONS. Tanner De Witt seeks a Hong Kong-qualified solicitor with 2-4 years PQE and a focus on non-contentious corporate work and regulatory matters. Join one of the largest independent law firms in Hong Kong servicing…Read More

10Feb2021

Data Breach Response: The management response

A data breach can be a crisis, and crisis management is a true test of character and leadership. In this article, Pádraig Walsh from the Privacy and Cybersecurity practice group of Tanner De Witt looks at how executive management should approach and respond to a…Read More

29Jan2021

Key Points in the FSTB Consultation Paper to the new licensing regime for VASPs

The Financial Service and Treasury Bureau released a consultation paper on 3 November 2020, proposing amendments to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615, Laws of Hong Kong)(“AMLO”) to introduce a licensing regime for virtual asset services providers (“VASP(s)”). River Stone, Pádraig Walsh…Read More

18Jan2021

Legal update: SFC fines company secretary for insider dealing

According to a recent press release issued by the Securities and Futures Commission (the “SFC”) on 11 January 2021, Mr. Chow Chiu Chi, the company secretary of China Automation Group Limited (“China Automation”), a company listed on the Main Board of The Stock Exchange of…Read More

30Dec2020

Legal update: Client facilitation in the execution of residual odd lots

The Hong Kong Securities and Futures Commission (the “SFC”) issued an FAQ on 18 December 2020 clarifying the applicability of the exemption from the requirement for licensed corporations (“LCs”) to obtain explicit client consent on a trade-by-trade basis prior to each client facilitation trade. As a…Read More

02Dec2020

Hong Kong’s Position as a Data Centre Hub in Asia

Hong Kong has continued to experience significant investment in data centres in 2020, and has historically been at the forefront of data centre development and cloud readiness in Asia. In this article, Pádraig Walsh from the Technology practice group of Tanner De Witt reviews the…Read More