- Hong Kong Securities and Futures Commission Issues Guidance for Virtual Asset Trading Platforms to Expand Global Liquidity and Product Diversity Offerings
- Hong Kong Monetary Authority Announces New Phase of Project Ensemble to Facilitate Real-Value Transactions in Tokenized Deposits and Digital Assets
- Hong Kong Securities and Futures Commission Secures First Custodial Sentence Against Finfluencer for Unlicensed Provision of Paid Investment Advice on Social Media Chat Group
- Hong Kong Securities and Futures Commission Launches Consultation to Enhancements Proposal to the Hong Kong’s Retail Fund Code to Align with International Standards and Broaden Product Offerings
- Hong Kong Accounting and Financial Reporting Council Publishes Global Developments in Audit Regulation Study Across Six Jurisdictions: Highlights Opportunities to Strengthen Hong Kong’s Approach to Uphold Audit Integrity
- Hong Kong Competition Commission Publishes Annual Report 2024/2025 to Detail Enforcement Investigations and Advocacy
- China Securities Regulatory Commission Issues Work Plan to Optimize Qualified Foreign Investor System as Part of Capital Market Opening Efforts
- People’s Republic of China Adopts Amendment to Arbitration Law Effective 1 March 2026 to Modernize Framework and Promote Use in International Commercial Disputes
- Hong Kong Office of the Privacy Commissioner for Personal Data Issues Guidance and Leaflets on Use of CCTV Systems and Video Cameras on Drones and Vehicles
- Hong Kong Competition Commission Reaches Resolution with Keeta on Two-Step Process to Amend Agreements with Partnering Restaurants, Promoting Compliant Business Practices
Category: Uncategorized
Regulatory Data Security Compliance for Hong Kong Business Entities
Data security compliance is critical for Hong Kong business entities, including but not limited to listed companies and their senior management or internal compliance teams, amid rising cybersecurity threats. Effective compliance safeguards sensitive data, supports corporate governance, and mitigates operational, legal and reputational risks in a highly interconnected business environment.
Regulatory Data Security Compliance for Hong Kong Business Entities_word vision_enLegal Challenges in Using Blockchain Technology in Securing Royalties for Artwork
The integration of Artificial Intelligence (AI) in art and creative sectors brings forth both opportunities and challenges, which calls for a thorough understanding of the legal framework to ensure compliance and safeguard intellectual property. This article delves into the role of blockchain in securing artwork royalties and its impact on taxation.
Virtual assets (VAs) and crypto-assets, synonymous terms, refer to digital assets issued or transferred through distributed ledger or blockchain technology. Blockchain technology emerges as a robust solution for safeguarding art by establishing a transparent and unchangeable record of ownership and provenance. By leveraging blockchain, artists can retain control over their work and receive royalties from subsequent sales through smart contracts, promoting fairness and transparency in the art market.
The use of means such as Non-Fungible Tokens (NFTs) are reshaping the balance of power, shifting it from intermediaries back to artists and creators. With blockchain’s incorporation in NFTs, tracking royalties and direct payments to artists become feasible, allowing for continuous benefit when their art is commercially disseminated. This alteration in business models within creative industries signifies a substantial change, offering artists ongoing compensation for their work.
Legal Challenges in Using Blockchain Technology in Securing Royalties for Artwork_enNavigating Hong Kong’s Stablecoin Regulatory Framework
Stablecoins are digital assets pegged to fiat currencies or other stable benchmarks to maintain consistent value. Their rapid adoption has raised concerns over financial stability, consumer protection, and compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) obligations. Hong Kong has introduced a stablecoin regulatory framework to regulate issuers and operators. This framework requires licensing, full reserve backing, consumer protection measures, and addresses cross-border issues. It includes transitional arrangements for existing operators.
Navigating Hong Kong’s Stablecoin Regulatory Framework_enFinancial Services Regulatory Update 2025/06/27
- Hong Kong’s Role in Renminbi’s Internationalization and Digitalization, with Emphasis on Promoting Measures to Protect Investors and Traders
- Hong Kong Exchanges and Clearing Limited Releases Information Paper on Rule Amendments for Uncertificated Securities Market and Issuer Platform
- Hong Kong Securities and Futures Commission Adopts Fee Limits for Approved Securities Registrars in Uncertificated Securities Market
- Proposed AML/CFT Framework for Hong Kong’s Stablecoins Ordinance to commence August 1, 2025
- Hong Kong Company Re-domiciliation Regime: Overview and Practical Guide
- Landmark SFC Court Decision Secures $192 Million Compensation to Individual Public Shareholders and Director Disqualifications in Combest’s Case
- Hong Kong Exchanges and Clearing Limited Introduces CATL Listing to Enhance Market Product Offering
- The Legislative Council of Hong Kong Passes Inland Revenue (Amendment) (Minimum Tax for Multinational Enterprise Groups) Bill 2024
- The Stock Exchange of Hong Kong Releases Monthly Report on IPO Applications, Delisting, and Suspensions for May 2025
- China Securities Regulatory Commission Revises Administrative Measures on Major Asset Restructuring of Listed Companies
- Hong Kong Securities and Futures Commission and Hong Kong Exchanges and Clearing Limited Publish Joint Announcement on Launch of Technology Enterprises Channel
- Signing of the International Organization for Mediation Convention in Hong Kong, the Organization’s Headquarters
Copyright Law Compliance Issues Involved in the Use of AI-Generated Content
The rapid advancement of Artificial Intelligence (AI) has transformed content creation for Hong Kong businesses, enabling the efficient production of marketing materials, design assets, and analytical reports. However, the existing Copyright Ordinance (Cap. 528) does not expressly address AI-generated content, creating uncertainties regarding ownership and potential infringement liabilities. It is important to properly understand the copyright challenges posed by AI-generated content, their implications, and practical strategies to navigate the evolving legal framework while addressing ethical obligations.
Copyright Law Compliance Issues Involved in the Use of AI-Generated Content_en
Hong Kong’s New Cybersecurity Law to Take Effect on January 1, 2026
On March 19, 2025, the Legislative Council of Hong Kong enacted the Protection of Critical Infrastructures (Computer Systems) Ordinance (Cap.653), following consultation commenced in 2023. It represents Hong Kong’s first comprehensive cybersecurity legislation aimed at safeguarding critical infrastructure from cyber threats and ensuring the reliability of essential services and critical societal and economic activities.
This is against the backdrop that governmental and statutory bodies like the Fire Services Department, Registration & Electoral Office, Electrical and Mechanical Services Department, the Cyberport, the Consumer Council and the Companies Registry have in recent years suffered data leaks.
Hong Kong’s New Cybersecurity Law to Take Effect on January 1, 2026 01_enDue Diligence Requirements for Corporate Finance Advisers
Corporate finance advisers in Hong Kong are required to comply with various due diligence requirements. The Securities and Futures Commission(“SFC”) issued the Corporate Finance Adviser Code of Conduct (“CF Code”) and the Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission (“Code of Conduct”), and the Stock Exchange of Hong Kong Limited (“HKEX”) issued the Rules Governing the Listing of Securities on The Stock Exchange Of Hong Kong Limited (“Main Board Listing Rules”) and the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (“GEM Listing Rules”, together with the Main Board Listing Rules, the “HKEX Listing Rules”). These requirements are aimed at ensuring that the advisers have conducted sufficient research and analysis to provide accurate and reliable advice to their clients. For example, corporate finance advisers are required to obtain detailed information about their clients and their business structure, ownership, and financial position, conduct industry research and financial analysis relating to client’s businesses and make sure the clients comply with all relevant regulations, including the Securities and Futures Ordinance, the Takeovers Code, and the HKEX Listing Rules.
The Monetary Authority of Singapore (“MAS”) recently issued the Notice on Business Conduct Requirements for Corporate Finance Advisers (“Notice”) on 23 February 2023. At the end of this article, we will compare the due diligence requirements set out in this notice with those of Hong Kong.
Due Diligence Requirements for Corporate Finance Advisers 2023040809Financial Services Regulatory Update 2024/05/24
- People’s Bank of China, Hong Kong Securities and Futures Commission, and the Hong Kong Monetary Authority Jointly Release Enhancements, and Hong Kong Exchanges and Clearing Limited Implements Enhancement on Swap Connect to Advance High-quality Opening-up of China’s Financial Markets
- Regulatory Concerns Against Greenwashing in Hong Kong
- Hong Kong Exchanges and Clearing Limited Publishes Updated Guide for New Listing Applicants
- Hong Kong Exchanges and Clearing Limited Publishes Regrouped Frequently Asked Questions for Debt Securities Issuers
- Hong Kong Exchanges and Clearing Limited Publishes New and Regrouped Frequently Asked Questions for Structured Products Issuers
- Hong Kong Exchanges and Clearing Limited Publishes Enforcement Bulletin April 2024
- Hong Kong Monetary Authority Extends Green and Sustainable Finance Grant Scheme, Expands Scope to Cover Transition Finance
- Hong Kong Government and Hong Kong Securities and Futures Commission Extend Grant Scheme for Open-ended Fund Companies and Real Estate Investment Trusts
- Hong Kong Securities and Futures Commission and Hong Kong Monetary Authority Hong Kong Monetary Authority Publish Joint Circular on Thematic Review of Non-Exchange Traded Investment Product Distribution
- Cayman Islands Government Publishes the Anti-Money Laundering (Amendment) Regulations, 2024
Financial Services Regulatory Update 2022/12/23
- Hong Kong Securities and Futures Commission Clarifies Virtual Asset Policy by Statement on Virtual Asset Arrangements Claiming to Offer Returns to Investors
- Hong Kong Financial Services and the Treasury Bureau Publishes Consultation on Enhancing Regulation of Crowdfunding Activities
- Hong Kong Securities and Futures Commission Announces the Launch of Investor Identification Regime in March 2023
- Hong Kong Government Launches Pilot Green and Sustainable Finance Capacity Building Support Scheme
Financial Services Regulatory Update 2022/05/20
- Directors’ Duties to Avoid Frustrating Action During a Public Takeover
- The Financial Reporting Council of Hong Kong Concludes that a Listed Entity Failed to Properly Account for the Interests in Two Investees and its Auditor Failed to Identify the Misstatements
- The Financial Reporting Council of Hong Kong Finds that an Auditor Failed to Obtain the Evidence Needed to Evaluate the Measurement and Impairment Assessment of Goodwill arising from an Acquisition
Financial Services Regulatory Update 2021/05/14
- Financial Conduct Authority of the United Kingdom Sets Out Proposals to Strengthen its Financial Promotion Rules for High-Risk Investments
- The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of REXLot Holdings Limited (In Liquidation) (Stock Code: 555)
- The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Six Directors of Youyuan International Holdings Limited (delisted, previous Stock Code: 2268)
- Hong Kong Securities and Futures Commission Announces the Launch of Grant Scheme for Open-ended Fund companies and Real Estate Investment Trusts
- Hong Kong Market Misconduct Tribunal Sanctions China Medical & HealthCare Group Limited and its Directors for Late Disclosure of Inside Information
- U.S. Commodity Futures Trading Commission Issues Order of Registration to Mercado Mexicano de Derivados, S.A. de C.V., to Permit Trading by Direct Access from the U.S.
- U.S. Securities and Exchange Commission Charges Under Armour Inc. With Disclosure Failures
- U.S. Securities and Exchange Commission Charges Broker-Dealer for Failures Related to Filing Suspicious Activity Reports
- U.S. Securities and Exchange Commission Approves Registration of First Security-Based Swap Data Repository; Sets the First Compliance Date for Regulation SBSR
- Singapore Exchange Regulation, NUS Business School, KPMG in Singapore Study Shows ESG, Particularly Climate, Important in Key Financial Institutions’ Asset Allocation, Lending and Underwriting
- Financial Conduct Authority of the United Kingdom Fines Sapien Capital Ltd for Serious Financial Crime Control Failings in Relation to Cum/ex Trading
- Australian Securities and Investments Commission Commences Civil Proceedings against Westpac for Insider Trading
- Australian Securities and Investments Commission Takes Court Action to Wind-up PE Capital Funds Management Ltd and Managed Investment Schemes
- Shenzhen Stock Exchange Releases Business Guidelines for Review of Stock Issuance and Listing on the ChiNext Board No. 1 – On-site Supervision of Sponsorship Business
- Shenzhen Stock Exchange Improves Review Procedures for Mergers and Acquisitions on ChiNext Board
- Shenzhen Stock Exchange Initiates Disciplinary Procedures for Steyr’s and Northcom’s Failure to Disclose Periodical Reports on Time
- Shanghai Stock Exchange Specifies Key Concerns of Corporate Bond Review
Financial Services Regulatory Update 2019/04/26
- Market Misconduct Tribunal Fines Fujikon, its Chief Executive Officer and Chief Financial Officer HK$1.5 Million in Total for Late Disclosure of Inside Information Following Proceedings Brought by Hong Kong Securities and Futures Commission
- Hong Kong Securities and Futures Commission Reprimands and Fines Nine Masts Capital Limited HK$1.2 million over Naked Short Selling
- Hong Kong Securities and Futures Commission Bans Former Responsible Officer of Guosen Securities (HK) Brokerage Company Limited for 10 Months
- Hong Kong Monetary Authority and Securities and Futures Commission Adopt a Coordinated Approach to Supervise Banks and Licensed Corporations
- Hong Kong Monetary Authority Issues Circular on Introduction of Tiered Account Services
- Hong Kong Monetary Authority and China Export & Credit Insurance Corporation Sign Memorandum of Understanding on Infrastructure Financing Facilitation
- U.S. Securities and Exchange Commission Charges Former Woodbridge Group of Companies LLC Directors of Investment with Fraud
- Silicon Valley Company Settles U.S. Securities and Exchange Commission’s Fraud Charge for Misstating Returns to Investors
- Monetary Authority of Singapore Reprimands Mr Tan Choon Wee for the Omission of Information in a Capital Markets Services License Application and Failing to Discharge his Duty and Function as Chief Executive Officer and Director
- Monetary Authority of Singapore Responses to Inquiries on Retail Bonds
- Institute of Banking and Finance Singapore-Monetary Authority of Singapore Study Identifies Skills for More Competitive Financial Sector Workforce
- Financial Conduct Authority of the United Kingdom Updates on Brexit Delay
- Financial Conduct Authority of the United Kingdom Sets out its Priorities for 2019/20
- Highlights of Speech by Andrew Bailey, Chief Executive of Financial Conduct Authority of United Kingdom, at Bloomberg, London on the Future of Financial Conduct Regulation
- China Financial Futures Exchange Further Adjusts Rules for Stock Index Futures Trading
- Australian Securities and Investments Commission Warns of Some Australian Financial Service Licensees Breaking Overseas Laws
- Australian Securities and Investments Commission Surveys Highlight Continued Growth in Innovative Funding Platforms
- Citigroup Refunds Over AUD3 Million to Clients Following an Australian Securities and Investments Commission Investigation
- Australian Securities and Investments Commission Warns Trustees about Protecting Your Super Laws and Provides Guidance for Consumers
- New Zealand Changes the Financial Advice Regulations
- German Federal Financial Supervisory Authority Signs New Memorandum of Understanding with Prudential Regulatory Authority and Financial Conduct Authority of the United Kingdom to Regulate Supervisory Cooperation after Brexit
- Italian Companies and Exchange Commission Approves 2019-2021 Three-year Strategic Plan
- United Arab Emirates Abu Dhabi Global Market Strengthens Regulatory Supervision with Enhanced Anti-Money Laundering Regime
- Dutch Authority for the Financial Markets Takes National Measures to Prohibit Binary Options and Restrict the Marketing or Sales of Contract for Difference
- Swiss Financial Market Supervisory Authority Joins the Network for Greening the Financial System
- Canadian Securities Administrators Signs Co-operation Agreement with Financial Conduct Authority of the United Kingdom
- U.S. Commodity Futures Trading Commission Charges Foreign Exchange Trading Firms and Principals in US$75 Million Fraud
- China and Japan Sign ETF Connectivity Agreement at Capital Markets Forum in Shanghai
- European Banking Authority Publishes Opinion on the Nature of Passport Notifications for Agents and Distributors of E-money
- Hong Kong Mortgage Corporation Limited and China Export & Credit Insurance Corporation Sign Memorandum of Understanding on Infrastructure Financing Co-operation
- Cayman Islands Launches Public Consultation on Amendment to Securities Law
- Privacy Commissioner for Personal Data, Hong Kong Releases Shopping Mall Membership Programs Compliance Checks Report
- SIX Swiss Exchange and Shanghai Stock Exchange Sign an Updated Memorandum of Understanding
- Shanghai Stock Exchange Releases its 2018 Social Responsibility Report
- Shenzhen Stock Exchange and Stock Exchange of Thailand Sign Memorandum of Understanding on SME Capital Market Service