Industry Insights

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
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
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 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
What In January 2017 the Financial Services and the Treasury Bureau of the government published a consultation document “Enhancing Anti-Money Laundering Regulation of Designated Non-Financial...
February 2017
On 18 November 2016, the SPC issued the Provisions on Certain Issues involving Trials of Independent Guarantee Disputes, which took effect 1 December 2016, to acknowledge the increasing use of these...
February 2017
The second reading of the Arbitration (Amendment) Bill 2016 was commenced at the Legislative Council meeting on 14 December 2016. One of the main objectives of the Bill is to clarify that disputes...
February 2017
The Property Management Services Ordinance (Cap. 626) (“Ordinance”) was enacted in October 2016. The Ordinance aims to promote the integrity and standard of property management services, by providing...
February 2017
In September 2016, we reported on the decision by the Appeal Committee of the Court of Final Appeal (“CFA”) to grant leave to appeal to the CFA on the following question: “May a single Justice of...
February 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
One of the most significant pieces of legislation introduced in the Cayman Islands this year was the Limited Liability Companies Law, 2016 which was enacted in June 2016 and commenced on 8 July 2016...
January 2017
In 2013, the case of Prest v Petrodel [2013] UKSC 34 left the family law fraternity debating and divided. At issue was whether the family courts can pierce the corporate veil when assets...
January 2017
As noted in previous editions of “Industry Insights” (eg, August and September 2016), disputes regarding without prejudice communications are not uncommon in Hong Kong – a...
January 2017
On 4 November 2016, the Cyberspace Administration of China (“CAC”) issued the Administrative Provisions on Internet Live-streaming Services 2016, which took effect 1 December 2016. The provisions...
January 2017
In an important judgment in Compania Sud Americana De Vapores S.A. v Hin-Pro Logistics International Ltd [2016] HKEC 2463, FACV 1/2016 (to be reported), the CFA has confirmed that the grant...
January 2017