News & Analysis as of

Hong Kong Risk Assessment

Hogan Lovells

Fortifying the Future: Hong Kong’s new cybersecurity laws to protect critical infrastructure

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On 19 March 2025, the Legislative Council (the “LegCo”) passed the Protection of Critical Infrastructure (Computer System) Bill (the “Bill”), which is due to come into effect on 1 January 2026. This is a significant step in...more

BCLP

Hong Kong Privacy Commission Publishes Personal Data Protection Framework for Ai Users

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With the launch of OpenAI’s ChatGPT in November 2022, one of the hot buzzwords is “artificial intelligence” (“AI”). Recently, more and more companies, especially small and medium-sized enterprises, purchase AI solutions from...more

Mayer Brown

Hong Kong PCPD Issues Model Personal Data Protection AI Framework

Mayer Brown on

INTRODUCTION - The rapid development of Artificial Intelligence (AI) has generated much excitement over the past two years. Since the public launch of Open AI's ChatGPT on 30 November 2022, generative AI and its...more

A&O Shearman

Hong Kong Privacy Commissioner releases First AI-focused Personal Data Protection Framework in APAC

A&O Shearman on

As Artificial Intelligence (AI) continues to evolve and integrates into business processes, the Office of the Privacy Commissioner for Personal Data (PCPD) released its Artificial Intelligence: Model Personal Data Protection...more

BakerHostetler

Swiss Banks Launch Crypto Offerings; GAO Addresses SEC Crypto Bulletin; UK and Hong Kong Publish Crypto Guidance; DOJ and SEC...

BakerHostetler on

Swiss Banks Launch Tokenization Pilot, Crypto Custody and Trading Services - A recent press release announced a pilot by “SIX, the Swiss National Bank (SNB) and six commercial banks” that seeks “to test, in a live...more

Latham & Watkins LLP

Hong Kong Issues Guidance on Data Breach Handling and Notifications

Latham & Watkins LLP on

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

Latham & Watkins LLP

Hong Kong Securities and Futures Commission Issues Statement on NFTs

Latham & Watkins LLP on

The SFC issued a statement to clarify its regulatory approach in relation to non-fungible tokens and remind investors of related risks. On 6 June 2022, the Hong Kong Securities and Futures Commission (SFC) issued a...more

BCLP

Hong Kong issues guidance on the use of AI

BCLP on

Hong Kong now has its own set of recommended best practices for the development and use of AI published in a guidance note issued by the PCPD. Businesses which intend to or have begun to use AI in their operations are advised...more

Latham & Watkins LLP

Hong Kong SFC Consults on Enhancements to Anti-Money Laundering Guideline

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Amidst its continued regulatory focus on money laundering and terrorist financing risks, the SFC seeks to clarify and consolidate guidance for licensed firms. On 18 September 2020, the Hong Kong Securities and Futures...more

Skadden, Arps, Slate, Meagher & Flom LLP

US Responds to Developments in Hong Kong With Sanctions, US Export Control Amendments

In the wake of China’s new national security law for Hong Kong that went into effect on June 30, 2020, the Trump administration has taken several steps to significantly pare back Hong Kong’s preferential status under U.S....more

Skadden, Arps, Slate, Meagher & Flom LLP

Hong Kong Regulatory Update - July 2019

This edition provides an overview of key regulatory developments in the past three months relevant to companies listed, or planning to list, on The Stock Exchange of Hong Kong Limited (HKEx), and their advisers. In...more

Eversheds Sutherland (US) LLP

Recent guidance brings OFAC in line with domestic and global compliance trends

On May 2, 2019, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued guidance titled “A Framework for OFAC Compliance Commitments” (Guidance), providing direction regarding what OFAC considers to...more

Troutman Pepper Locke

Privacy & Cybersecurity Newsletter: International Edition July 2015

Troutman Pepper Locke on

Retail Tracking Update: Privacy Guidance Following Nomi Technologies - There is currently a widespread effort to quantify everything, from steps, to sleep, to batted ball exit velocity. Fifteen years ago, TV host Jeremy...more

Latham & Watkins LLP

International Fraud & Asset Tracing (3rd Edition), Hong Kong

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In this Guide: - Introduction - Managing the Internal Investigation - Disclosure from Third Parties - Steps to Preserve Assets/Documents - Civil Proceedings - Anti-Bribery/Anti-Corruption Legislation ...more

Morrison & Foerster LLP

Hong Kong Capital Markets Quarterly News -- July 2013

In This Issue: Consultations; New Listing Decisions; Regulatory Watch; New Guidance Letters; and Enforcement News. Excerpt from Consultations - Exchange’s Consultations on Review of Connected Transaction...more

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