Regulatory

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

30Nov2020

Key points in the SFC Consultation Paper to amend the SFC AML Codes

The Hong Kong Securities and Futures Commission (“SFC”) released a consultation paper on 18 September 2020, proposing amendments to (1) the Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Licensed Corporations) and (2) the Prevention of Money Laundering and Terrorist Financing Guideline issued by…Read More

09Nov2020

Introducing and Selling Pharmaceutical Products to the Hong Kong Market

With increasing interaction between Hong Kong and China’s healthcare industries, Hong Kong has received support from both the Central Government of China and the Hong Kong Government in promoting its healthcare services within the mainland China market, and in particular within the Greater Bay Area….Read More

16Oct2020

Change is coming: Direct regulation of data processors

On 20 January 2020, the Constitutional and Mainland Affairs Bureau, in collaboration with the Privacy Commissioner of Hong Kong, provided its report on recommended changes to personal data privacy law in Hong Kong. In another in his series looking at the implications of the proposed…Read More

09Oct2020

Change is coming: Administrative fining powers of the Privacy Commissioner

On 20 January 2020, the Constitutional and Mainland Affairs Bureau, in collaboration with the Privacy Commissioner of Hong Kong, provided its report on recommended changes to personal data privacy law in Hong Kong. In another in his series looking at the implications of the proposed…Read More

30Sep2020

River Stone discusses the Limited Partnership Fund with Asia Business Law Journal

Corporate and Commercial Partner and Head of China Practice Group River Stone had an interview with Asia Business Law Journal to share his views on the Hong Kong Limited Partnership Fund Ordinance. River highlights the advantage of the bill is its contractual flexibility and simplified…Read More

18Sep2020

Asialaw 2021 rankings announced

Tanner De Witt is delighted to announce Asialaw’s 2021 rankings of domestic law firms which can be found here. All practices and lawyers have maintained their rankings from the previous year. Our 2021 awards are as follows: OutstandingLabour & EmploymentRestructuring and Insolvency Highly RecommendedCorporate and…Read More

21Aug2020

Top Tips for Startups Seeking Legal Advice

Meeting lawyers can be intimidating. They seem to speak a different language. Sometimes, you’re none the wiser after the meeting. Then, the bill arrives. It doesn’t have to be that way. Forewarned is forearmed, and planning is everything. Tara Chan from the Corporate and Commercial…Read More

28Jul2020

Key Points in the SFC Consultation Paper on Proposed Amendments to the REIT Code

The Hong Kong Securities and Futures Commission (“SFC”) released a consultation paper on 9 June 2020, proposing amendments to the Hong Kong Code on Real Estate Investment Trusts (“REIT Code”), to invite market participants and interested parties to comment on the proposed amendments. Pádraig Walsh…Read More

17Jul2020

Managing Down Rounds in Venture Capital Fundraising

There is a global recession presently that has made fundraising a difficult task. Investors are looking to support their existing portfolio. Fresh capital deployment is scarce. There is real pressure on valuations. Many young businesses that have taken venture capital are running out of runway,…Read More

29May2020

Key project team members for a Security Token Offering

Security token offerings (“STO”) are a next-generation financing model that combine the benefits of blockchain technology with traditional fund raising.  As with any fundraising exercise, conducting an STO can be stressful.  The stress is increased as the novelty of STOs makes the process more opaque. …Read More