Financial Services Regulatory

Overview

As a firm, we have been at the forefront of financial regulation in Hong Kong, having represented clients in a number of pioneering cases before the courts and tribunals and in efforts before the regulators and legislative bodies to shape regulatory proposals defining the obligations of market participants. We have a deep understanding of the regulatory frameworks administered by the Securities and Futures Commission, the Stock Exchange of Hong Kong, the Hong Kong Monetary Authority, the Insurance Authority and the Mandatory Provident Fund Schemes Authority. Our understanding of the concerns of regulators and the requirements of the different regulatory regimes enables us to help our clients in complex matters where there are no obvious solutions or where it is critical to have an exact understanding of risks and the means to manage those risks.

In financial regulatory matters, our firm regularly acts on matters of strategic or reputational importance for clients, including Fortune Global 500 companies, brokerage firms, private equity firms, hedge fund managers, asset managers, family offices and other business enterprises.

Awards

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  • Corporate INTL Magazine

    Regulatory Law Firm of the Year in Hong Kong

    Financial Services Regulatory

  • Chambers & Partners

    Leading Practice

    Financial Services Regulatory

  • Chambers & Partners

    Leading Individual

    Financial Services Regulatory

  • Legal 500

    Leading Individual

    Financial Services Regulatory

  • Legal 500

    "Recommended Practice"

    Financial Services Regulatory

  • IFLR 1000

    Leading Practice

    Financial Services Regulatory

  • Asialaw Profiles

    Leading Practice

    Financial Services Regulatory

  • Asialaw Profiles

    Market-Leading Lawyer

    Financial Services Regulatory

  • Chambers & Partners

    Leading Lawyer

    Financial Services Regulatory

  • Asialaw Leading Lawyers

    Market-Leading Lawyer

    Financial Services Regulatory

  • Asialaw Profiles

    Outstanding Practice

    Financial Services Regulatory

  • IFLR 1000

    "Positively Ranked"

    Financial Services Regulatory

  • IFLR 1000

    Highly Regarded Lawyer

    Financial Services Regulatory

  • Chambers & Partners

    Well Regarded Lawyer

    Financial Services Regulatory

  • Corporate INTL Magazine

    Regulatory Law Firm of the Year in Hong Kong

    Financial Services Regulatory

  • Chambers & Partners

    Leading Practice

    Financial Services Regulatory

  • Chambers & Partners

    Leading Individual

    Financial Services Regulatory

  • Legal 500

    Leading Individual

    Financial Services Regulatory

  • Legal 500

    "Recommended Practice"

    Financial Services Regulatory

  • IFLR 1000

    Leading Practice

    Financial Services Regulatory

  • Asialaw Profiles

    Leading Practice

    Financial Services Regulatory

  • Asialaw Profiles

    Market-Leading Lawyer

    Financial Services Regulatory

  • Chambers & Partners

    Leading Lawyer

    Financial Services Regulatory

  • Asialaw Leading Lawyers

    Market-Leading Lawyer

    Financial Services Regulatory

  • Asialaw Profiles

    Outstanding Practice

    Financial Services Regulatory

  • IFLR 1000

    "Positively Ranked"

    Financial Services Regulatory

  • IFLR 1000

    Highly Regarded Lawyer

    Financial Services Regulatory

  • Chambers & Partners

    Well Regarded Lawyer

    Financial Services Regulatory

Insights

  • Heightened Regulation of the Stock Market: What Directors of Listed Companies Need to Know

    The Securities and Futures Commission (“SFC”) and The Stock Exchange of Hong Kong Limited (“SEHK”) both shifted their enforcement strategies and priorities after the conclusion of their joint consultation in 2017 in relation to the regulation of listed companies. The SEHK has stepped up the number of investigations it conducts and the number of resulting sanctions has risen accordingly. At the same time, the SFC has adopted a more pro-active role in exercising its statutory powers to pre-empt corporate misfeasance.

  • Opening Bank Accounts: Duties of Banks in Hong Kong to Combat Tax Evasion

    Hong Kong money laundering laws require banks to assess the risk of tax evasion in evaluating bank account opening applications. Prospective customers applying to open bank accounts must exercise sensitivity in understanding how their overall profile looks objectively from a tax evasion perspective to a bank and must exercise care in managing the presentation of their profile.

  • Opening a Bank Account in Hong Kong: Latest Regulatory Developments

    For many new businesses, opening a bank account is a mission critical task. Unfortunately, as a result of significant growth in laws intended to combat money laundering and tax evasion and to enforce international sanctions, the process of doing so in Hong Kong has become a Herculean challenge which not infrequently results in a disappointing dismissal by the bank of the account opening application. In a recent circular to banks, the banking regulator attempts to address these difficulties.