Professional Services/Legal
Legal Briefing: The ‘Stay Rules’ are here to stay
And what it means for authorized institutions.
What the Anti-sanctions Law could mean for Hong Kong?
The city’s status as a financial hub amongst others must be considered upon its implementation.
SFC, ICAC busts five people for suspicious money lending
The arrested individuals included a former and a current senior executive.
New China law counters international law sanctions
The measure, backed by Hong Kong, stands against “unilateral coercive” sanctions by the international community.
Hong Kong opposes new US memo hitting security law
The government said the US’ move is “baseless and purely politically oriented.”
Gov’t investigates Next Digital Limited over alleged fraud affairs
Clement Chan Kam-wing has been appointed as the inspector for the investigation.
HK-based US businesses to suffer in recent Biden admin advisory
Hong Kong asserted the National Security Law reinforced its position as a financial and business hub.
Hong Kong to criminalise doxxing acts
This is to protect against actions that are intrusive to personal data privacy.
Security chief to move up as HK’s no. 2 official
This comes as reports of a cabinet reshuffling arise.
Hong Kong rubber stamps first standard patent by original grant
The country’s new grant system now allows a direct route for patent protection.
Inland Revenue amendments bill passed
It will take effect on 11 June after it is gazetted.
Hong Kong ranks third most preferred seat for cross-border disputes
This is a place higher compared to the previous global survey in 2018.
Hong Kong Customs cracks down on syndicate accused of $2.5b money laundering
Six persons were arrested in the operation named “Shadow Hunter II”.
Optimas Capital Limited fined $1.05m over errors in short position reports
The errors occurred because of a programming mistake, the company says.
Solicitor in alleged CASH Financial Services insider dealing acquitted
The acquittal comes as the witnesses’ evidence were found to be conflicting.
Former Asia Telemedia executives banned for insider dealing
The two leaders will be prohibited from dealing in securities in Hong Kong for three years.
GEO Securities Limited fined $6.3m for selling unlisted bonds
The company also failed to disclose its commission for the bond sales.
