The Hong Kong Court of Final Appeal has held that the Securities and Futures Commission (SFC) can serve overseas defendants as of right, without needing the court’s permission, making it easier for the SFC to go after persons...more
The outlook for 2023 looks uncertain, following another tumultuous year. The collapse of a number of large cryptocurrency exchanges has shone another spotlight on the digital asset market. The financial system’s resilience...more
The English High Court has issued a stern reminder that legal professional privilege is not absolute, and that orders may be made for the disclosure of documents "notwithstanding any apparent privilege with which they may be...more
A Hong Kong court has for the first time convicted and imprisoned an individual for obstructing employees of the Securities and Futures Commission (SFC) in performance of their functions pursuant to the Securities and Futures...more
Recent incidents such as the United Kingdom (UK) Advertising Standards Authority's banning of a bank's advertisements for potentially misleading consumers about its green credentials and the outcry over an automobile...more
The Court of First Instance has dismissed a judicial review application against certain provisions in the Securities and Futures Ordinance (Cap. 571) (SFO) which empower the Securities and Futures Commission (SFC) to issue...more
For the first time since the Competition Ordinance came into effect, the Hong Kong Competition Commission (HKCC) has commenced court proceedings against a supplier for resale price maintenance as a contravention of the First...more
The Hong Kong Court of Appeal (Poon CHJC, Barma, and Au JJA) has imposed upon a statutory corporation an obligation to consider whether it should take measures to enforce a lease against a tenant, following an application by...more
On 29 April 2020, the Competition Tribunal handed down its first judgment on financial penalties in a competition case in Hong Kong. The Tribunal had earlier found that the respondents, ten flat decorators, had contravened...more
On 29 April 2019, the Hong Kong Competition Commission published its new "cooperation policy." In essence, the cooperation policy expands the authority's leniency program. The expansion occurs in two main directions. First,...more
The Hong Kong Securities and Futures Commission (SFC) has issued its largest fine ever for violations of anti-money laundering (AML) and counter-terrorist financing (CFT) regulatory requirements....more
The Hong Kong Competition Ordinance ("Ordinance") does not currently provide for the right to bring stand-alone private actions for contraventions of competition rules. In a decision handed down on 27 April 2017, the High...more
FTC takes another look at merger remedies -
On 3 February 2017, the U.S. Federal Trade Commission (“FTC”) released its Merger Remedies Study, which analyzed the success of merger remedies imposed by the FTC from 2006 to...more
2/23/2017
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Anti-Monopoly ,
Antitrust Provisions ,
Best Practices ,
Cartels ,
China ,
COMESA ,
Competition ,
Department of Justice (DOJ) ,
EU ,
European Commission ,
Extradition ,
Federal Trade Commission (FTC) ,
Gun-Jumping ,
Hart-Scott-Rodino Act ,
Hong Kong ,
Human Resources Professionals ,
Hungary ,
INTERPOL ,
Merger Controls ,
Mexico ,
MOFCOM ,
NRDC ,
PEMEX ,
Pharmaceutical Industry ,
Pre-Merger Filing Requirements ,
Railways ,
Red Notices ,
Regulatory Oversight ,
Remedies ,
Resale Pricing ,
Retail Market ,
Settlement ,
Transportation Industry ,
Trump Administration ,
UK