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The first move: Hong Kong Competition Commission (HKCC) enforces non-compliance with investigation powers

For the first time since it was established over a decade ago, the Hong Kong Competition Commission (HKCC) has announced that an individual has been charged for failing to comply with its investigation powers under the...more

Investigations update: Hong Kong authorities ramp up enforcement in virtual assets and other sectors

Hong Kong has seen cryptocurrencies grow in popularity, highlighting the need for appropriate licensing regimes (implemented in the form of virtual asset service providers (VASPs)), bolstered by active enforcement...more

Proceed with caution: limited enforcement reform in Hong Kong (so far)

On 8 August 2023, almost a year after the public consultation ended, the Securities and Futures Commission (SFC) published its long-awaited consultation conclusions on Proposed Amendments to Enforcement-related Provisions of...more

Top tips to prevent and handle cyber incidents in Hong Kong

The past decade has seen a huge increase in the incidence of cyber crimes in Hong Kong. - This trend has been exacerbated by the global pandemic, which has forced criminals on-line, with the number of cases in 2020...more

Hong Kong's personal data law given new teeth - what they mean for businesses

The Personal Data (Privacy) (Amendment) Ordinance 2021 (the Ordinance) came into effect on 8 October 2021. It amends the Personal Data (Privacy) Ordinance (Cap.486) (PDPO). In our alert, we consider what these changes may...more

A guide to Hong Kong’s cyber security laws and practices

The past decade has seen a huge increase in the incidents of cyber crime in Hong Kong. This has been exacerbated by the global pandemic, which has forced criminals online, with the number of cases in 2020 representing a 55%...more

Money laundering concerns prompt consultation on regulation of virtual asset service providers in Hong Kong

(i) a licensing regime for virtual asset trading platforms in Hong Kong, including anti-money laundering obligations; (ii) a two-tier registration regime for dealers in precious metals and stones; and...more

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