regulatory

17Dec2018

Legal update: SFC and CSRC signs Memorandum to Enhance Cooperation and Exchange of Information

The Securities and Futures Commission (“SFC”) has announced on 3 December 2018 that it has entered into a memorandum of understanding (“MoU”) with the China Securities Regulatory Commission (“CSRC”), regarding the cooperation and exchange of information in connection with the supervision and oversight of regulated…Read More

12Dec2018

Legal update: SFC reprimands and fines SFM HK Management Limited HK$1.5 million over illegal short selling

Case Background The Securities and Futures Commission announced on 6 December 2018 that it has reprimanded and fined SFM HK Management Limited (“SFM”) for HK$1.5 million for its naked short selling, contrary to section 170 of the Securities and Futures Ordinance (“SFO”). SFM is licensed…Read More

08Nov2018

Legal update: A summary of the new SFC regulatory framework for virtual assets

Executive summary Here are the five points you need to know about the changes announced on 01 November 2018 by the Securities and Futures Commission (SFC) to the regulatory framework for virtual assets: The SFC will supervise and regulate firms that distribute in Hong Kong…Read More

10Oct2018

Legal update: When do judges refer matters to prosecuting authorities and regulatory bodies for consideration of criminal behaviour or regulatory misconduct?

Introduction When judges learn of a possible crime or professional misconduct during the trial of a matter, they sometimes refer the factual issues to the Secretary for Justice (“SJ”) and/or regulatory bodies for further investigation. In most cases judges do not specify whether they are…Read More

28Sep2018

Asialaw 2019 rankings announced

Tanner De Witt is delighted to announce Asialaw’s 2019 rankings of domestic law firms which can be found here. Each firm ranking is divided into the following categories: Outstanding; Highly recommended; Recommended; and Notable. All of our firm rankings, as in previous years, are ‘Highly recommended’…Read More