Anatomy of a data breach response

Information security is mission critical for businesses today. Data management has attracted increasingly more attention from privacy regulators, with enforcement actions leading to significant fines. Businesses are acutely aware of the adverse impact and bad reputation that can come from poor data management. Information security…Read More

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

Protecting Your Key Staff From Poaching

Mass resignations at ICAP The decision of the High Court of Hong Kong in ICAP (Hong Kong) Ltd. vs BGC Securities (Hong Kong) LLC and others highlighted the importance of having properly drafted post-termination restrictions and of following proper contractual termination procedures. The High Court’s…Read More