What you should know before attending an SFC interview (Part 2) In the first part of our series, we explain some of the matters you should know before attending an SFC interview, including the types of interviews and the powers of the SFC. In this part, we discuss what may happen in an interview and…
What you should know before attending an SFC interview (Part 1) Many people are worried when they receive a s.183 notice from the Securities and Futures Commission (“SFC”) to attend an interview. In one minor respect, it is like an ICAC interview; but in many other respects, it is nothing like it. In this article,…
Landmark SFC Settlement – HK$192 Million Compensation for Combest Shareholders The Securities and Futures Commission (“SFC”) has secured a landmark settlement in the Combest Holdings Limited case (“Combest”), requiring former senior executives of Combest to pay HK$192 million in compensation to shareholders. This case represents Hong Kong’s evolving securities regulation, particularly in holding shadow directors…
Introduction of Stablecoin On 21 May 2025, Hong Kong passed the Stablecoin Ordinance (“the Ordinance”), marking a significant milestone in regulating stablecoin activities. The Ordinance establishes a stringent licensing regime to ensure financial stability and reinforce Hong Kong’s position as a global financial hub. Effective since 1 August 2025, the Ordinance is supported by forthcoming…
Use of Generative AI in the Workplace Recently, the introduction of Artificial Intelligence has caused many industries and companies to consider how best to govern its use by the employees. In response to such, the Office of the Privacy Commissioner for Personal Data, Hong Kong published the Checklist on Guidelines for the Use of Generative…
Should Hong Kong Revise Its Ride-Hailing Regulations? According to the research publication titled “Taxi services in Hong Kong” dated 27th February 2025 from the Research and Information Division of the Legislative Council Secretariat (“the LegCo 2025 Data”), ride-hailing platforms have been operating in Hong Kong since 2014, with driver estimates ranging from 4,000 to 200,000….
ESTATE PLANNING: BRIEF INTRODUCTION ON TRUST Every Chinese New Year, people exchange blessings such as “Gong Xi Fa Cai”, “Cai Yuan Guang Jin”, “Nian Nian You Yu”, wishing each other wealth and prosperity in the coming year. Once the surplus of wealth is accumulated, asset inheritance becomes another main goal. People generally believe that…
Introduction of the Construction Industry Security of Payment Bill In December 2024, the Legislative Council passed the Construction Industry Security of Payment Bill (“Ordinance”), which will come into full operation on the expiry of eight months after it is gazetted. Late payment and payment disputes are very common phenomenon in the construction industry. With the…
Brief Introduction on Advance Decision on Life-sustaining Treatment Bill Advance Medical Directives (“AMDs”) and do-not-attempt cardiopulmonary resuscitation (“DNACPR”) orders are all important policy measures to honour patients’ decisions and enhance patients’ quality of life during their final days. Currently, AMDs are only considered legally binding under the common law in Hong Kong. The Hospital Authority…
Brief Introduction to the Mandatory Reporting of Child Abuse Ordinance With the passing of the Mandatory Reporting of Child Abuse Bill, the legal framework for child protection in Hong Kong has become more substantive. The Bill will come into enforcement 18 months after its gazettal. One of the highlights is that the statute has…
