Kidon IP War Stories David Cohen & Doug Clark
Nota Bene Episode 91: China Q3 Check In - Trade Wars, GDP Growth, Pandemic Comparatives, and Hong Kong with Michael Zhang
Daily Compliance News: May 25, 2020-the Memorial Day edition
A Conversation with Lindsay Chu on Asia Restructurings
A Conversation with Rajiv Gupta on Asia Restructurings
A Conversation with David Heller on Asia Restructurings
Hong Kong is following other jurisdictions, including Mainland China, Singapore and the UK, in proposing to enhance cybersecurity obligations on IT systems of those operating critical infrastructure (“CI“). While the proposed...more
The Hong Kong Government recently submitted its proposed legislative framework to enhance protection of computer systems of critical infrastructure (“Proposal”) to the Legislative Council (“LegCo”) Panel on Security for...more
INTRODUCTION - The acceleration of cyber-attacks on companies in Hong Kong in the last year or so (– with over 60 notifications of such attacks being received by the Office of the Privacy Commissioner of Hong Kong in 2023,...more
New cybersecurity legislation to enhance the protection of computer systems of critical infrastructures (“CIs”) was proposed by the Hong Kong Government on 25 June 2024. The legislation is tentatively titled the Protection of...more
Almost from the very beginning of the internet era, the world has been increasingly afflicted with cyberfraud, exploiting the internet’s potential to enable fraudsters to induce unsuspecting victims to transfer money to...more
A recent deepfake scam has rocked the financial landscape of Hong Kong, demonstrating the extreme lengths to which cybercriminals are willing to go to defraud unsuspecting victims. This sophisticated scheme, which saw...more
China’s CAC and Hong Kong’s ITIB jointly released GBA SCCs, which may be adopted to transfer personal information between entities within the GBA. On December 13, 2023, the People’s Republic of China’s (PRC’s) Cyberspace...more
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 actions. ...more
Welcome to the latest edition of Updata – the international update from Eversheds Sutherland’s dedicated Privacy and Cybersecurity team. Updata provides you with a compilation of privacy and cybersecurity regulatory and...more
In June 2023, the Privacy Commissioner for Personal Data in Hong Kong (the “Commissioner”) released a new guidance note on data breach handling and notifications (the “Guidance Note”). The purpose of this note is to assist...more
The guidance encourages organisations to formulate a data breach response plan, and outlines recommendations for handling an increasing number of data breach incidents. On 30 June 2023, the Office of the Privacy...more
The Hong Kong Court of Appeal has overturned a first instance judgment that had held that the longstanding use of "letters of no consent" to preserve monies held in bank accounts suspected of harbouring the proceeds of crime,...more
The Privacy Commissioner for Personal Data reminds organisations to review and implement appropriate data security measures amidst more data breaches. On 13 February 2023, the Privacy Commissioner for Personal Data of...more
The reforms aim to address the rise in cybercrime and cyberattacks in an age of rapid digital developments. The Law Reform Commission of Hong Kong (the LRC), via its Sub-committee on Cybercrime, issued a consultation...more
Prestige Ransomware Emerges, Targets Ukraine and Poland - A new ransomware variant has emerged in the wild, being used in targeted attacks against the logistics and transportation sectors within Ukraine and Poland. The...more
Introduction - The past decade has seen a huge increase in the incidence of cybercrime in Hong Kong. The number of cybercrime reports rose from 2,206 in 2011 to 16,159 in 2021. This trend has been exacerbated by the global...more
This latest edition of the regulatory initiatives paper sets out at a high level the core regulatory issues that are likely to impact private fund managers in the coming months, including an overview of the key actions needed...more
As part of our five year anniversary celebrations of our law firm opening in Bermuda, we put together the original version of this summary report highlighting the latest developments and trends in the Bermuda legal and...more
The hack of the Hong-Kong based crypto-exchange Bitfinex has been described as the “heist of the century”. Where a crypto-asset is in play in litigation, in particular as a potential target for enforcement, parties should be...more
The Stock Exchange of Hong Kong (SEHK) takes disciplinary action against Fantasia Holdings Group Co., Limited (Stock Code: 1777) (Fantasia), Colour Life Services Group Co., Limited (Stock Code 1778) (Colour Life) and four...more
The Hong Kong court has reaffirmed its jurisdiction to grant vesting orders to assist victims of cyber fraud. The decision which is consistent with our recent success obtaining vesting orders for clients and two other 2021...more
China’s data protection laws have been developing actively in the recent years. This article identifies some other Chinese legal instruments which are relevant to the protection of personal information, and discusses the...more
On 26 January 2022, the Hong Kong Monetary Authority (HKMA) published its fifth edition of the Regtech Adoption Practice Guide (the Guide) focusing on cyber risk management regulatory technology (Regtech) solutions. The Guide...more
In Part 1 of this series, we identified ten key legal instruments forming part of China’s current data protection law. These laws, regulations and legal instruments were identified in an Information Booklet published by the...more
1. Treasury Mandates Reporting of Foreign Securities Holdings of $200M or More- All U.S. persons (custodians and end investors) who manage $200 million or more in foreign securities for themselves or others must file a...more