Industry Insights

There is a line in the famous song of the same title that goes something like: “The love we share, seems to go nowhere”. Not only is there an industry out there of such things as “Telephone Scams...
April 2017
Cornerstone investors have been playing an increasingly dominant role in Hong Kong IPOs. In fact, PRC institutional investors in particular have demonstrated their strong appetite for cornerstone...
April 2017
On 9 March 2017, the Hong Kong Law Society’s Academy of Law launched its inaugural Annual Insolvency Law and Practice Conference. The hugely popular event took place in a packed auditorium of the...
April 2017
On 20 January 2017, the SFC and the HKEX issued a joint statement regarding the price volatility of GEM stocks and a guideline to sponsors, underwriters and placing agents...
April 2017
As reported in the February 2017 edition of the Hong Kong Lawyer (“DNFPBs”), the Financial Services and the Treasury Bureau (“FSTB”) has recently undertaken a consultation, proposing to extend client...
April 2017
On 26 January 2017, the Court of First Instance handed down a judgment on s.35G of Personal Data (Privacy) Ordinance (Cap. 486) (“PDPO”) in HKSAR v Hong Kong Broadband Network Limited, HCMA 624/...
April 2017
In U v A (unrep., HCCT 34/2016, 23 February 2017 per Mimmie Chan J), the Court of First Instance dismissed an application to set aside an order granting leave to enforce an ICC arbitral...
April 2017
On 26 January 2017, the State Administration of Foreign Exchange (“SAFE”) issued the Notice on Further Promoting Foreign Exchange Administration Reform and Perfecting Authenticity and Compliance...
April 2017
Section 49 (“Interest on judgments”) of the High Court Ordinance (Cap. 4) “(1) Judgment debts shall carry simple interest – (a) at such rate as the Court of First Instance may order; or (b)...
April 2017
On 10 January 2017, the Supreme People’s Court issued the Provisions on Several Issues Concerning the Adjudication of Administrative Cases on Granting and Affirming Trademark-related Rights, which...
April 2017
The Securities and Futures Commission’s recent circular to licensed corporations and associated entities on anti-money laundering and counter financing of terrorism (“AMLCFT” or “AMLCTF”) comes...
March 2017
The new European General Data Protection Regulation (“GDPR”) will come into force throughout the European Union on 25 May 2018. The GDPR will replace existing data protection laws throughout Europe...
March 2017
On 9 January 2017, the Ministry of Justice, Ministry of Foreign Affairs, Ministry of Commerce and the Legislative Affairs Office of the State Council jointly issued the Opinions on the Development of...
March 2017
As new and old Presidents move in and out of a “White House” and a “Blue House” respectively, to the tune of the song “My Way”, the Securities and Futures Commission in Hong Kong is doing things its...
March 2017
On 3 January 2017, the Supreme People’s Court (“SPC”) issued its 15th batch of guiding cases. Guiding cases are not binding as legal precedents, but they are considered to have very strong...
March 2017
As reported in Industry Insights in June 2016, in Persona Digital Telephony & Anor v The Minister for Public Enterprise & Ors [2016] IEHC 187, the Irish High Court...
March 2017
In the rapidly evolving data protection environment in China, there has been some helpful (but unfortunately still limited) clarification around two areas of uncertainty. New Cybersecurity...
March 2017
On the back of the SFC’s guidance by way of responses to FAQs regarding the application of the new “suitability clause” in client agreements between financial intermediaries and their clients (...
February 2017
The Court of Appeal’s interesting judgment in Registrar of Hong Kong Institute of Certified Public Accountants v Wong & Anor [2016] 4 HKLRD 763*, demonstrates a general reluctance on...
February 2017
On 16 November 2016, the State Administration for Industry and Commerce (“SAIC”) announced it had levied a RMB 667,724,176.88 administrative fine against Swedish packaging company Tetra Pak...
February 2017