regulatory

28Sep2017

Legal update: Completion of newly announced e-courses by Responsible Officers and Representatives will earn Continuous Professional Training (CPT) hours

The Securities and Futures Commission (SFC) and Hong Kong Securities and Investment Institute (HKSI) have announced the launch of its online Advanced Learning Platform (ALP) today. The ALP will enable licensed Responsible Officers and licensed Representatives to learn relevant skills and techniques online at a…Read More

22Sep2017

Legal update: First Hong Kong criminal conviction for actively marketing unlicensed regulated activities carried out overseas

Case background On 21 September 2017, the Securities and Futures Commission (“SFC”) issued a press release about its conviction against ETRADE Securities (Hong Kong) Limited (“ETrade HK”) for actively marketing to the Hong Kong public US brokerage services provided by E*TRADE Securities LLC (“ETrade US”)….Read More

14Sep2017

Legal update: Initial Coin Offerings Hit Regulatory Walls

The emergence of digital currencies and blockchain technology has now paved the way for various blockchain-based companies to raise billions of dollars by initial coin offerings (“ICOs”).  An ICO occurs when a company sells digital tokens or existing digital coins (such as bitcoin or ether)…Read More

12Jan2017

Legal update: Manager In Charge Regime – ComplianceAsia

This is a Client Alert from ComplianceAsia. For employment and regulatory related legal enquiries please contact Russell Bennett. Introduction In January 2017, the SFC released a circular on clarifications to its current regime on senior management, expectations as to Board obligations of licensed firms and…Read More

12May2016

Legal update: Specialist Tribunals and Boards in Hong Kong

Many of the administrative and legal decisions that affect closely the lives of residents of Hong Kong and businesses that operate in Hong Kong are not made in the courts but are given in specialist tribunals or other bodies created by statute to deal with…Read More