On 1 November 2018, Hong Kong’s Securities and Futures Commission (“SFC”) issued a statement and circular that expanded its regulatory reach over virtual asset activities. Previously, the SFC’s position was that any activities related to virtual assets (e.g. cryptocurrencies, assetbacked tokens, virtual commodities, etc.) would only be subject to the Securities and Futures Ordinance (Cap. 571) if
Continue Reading Hong Kong: Tightening the Reins on Cryptocurrency
The European Union (“EU”) General Data Protection Regulation 2016 (“GDPR”) entered into effect on 25 May 2018. A brief summary of the GDPR can be found in our Legal Update.
Organisations in Hong Kong may need to comply with the GDPR if it (1) has an establishment in the EU, where personal data is processed in the context of the activities of the establishment, regardless
Continue Reading Privacy Commissioner for Personal Data Issues Booklet on how Hong Kong Businesses Should Prepare for GDPR
Intellectual Property (“IP”) rights are only as strong as the means to enforce them. Arbitration, as a private and confidential procedure, is increasingly being used to resolve disputes involving IP rights, especially when the dispute is between parties located in different jurisdictions. With the introduction of the Arbitration (Amendment) Bill 2016 (“Bill”), the Hong Kong