Archived Post for "Hong Kong Law"

The SFC fined Luk Fook Securities (HK) HK$2.1 mln for cybersecurity failures breaching the Code of Conduct & Cybersecurity Guidelines which were considered likely to have caused a ransomware attack in 2022

The Inland Revenue (Amendment) Bill 2026 enhances Hong Kong’s fund tax exemption, FIHV and carried interest regimes, widening qualifying investments and easing rules for funds and family offices here.

The SFC’s latest Takeovers Bulletin covers limited partnership concert party presumptions, scheme-to-offer switches, convertible securities buy-backs and a new Practice Note on listed alternative asset funds.

On July 9th 2026, the Securities and Futures Commission (SFC) issued a circular to licensed corporations and SFC-licensed virtual asset service providers on implementing robust authentication methods and monitoring measures, setting out the SFC’s expectations that internet brokers and SFC-licensed virtual asset service providers (VASPs) adopt robust, phishing-resistant authentication for client login and device binding, and implement effective monitoring and surveillance measures to identify suspicious activities in client accounts.

The HKEX amended the Listing Rules on 24 July 2026 easing requirements for WVR, biotech and specialist technology company listings in a bid to boost its competitiveness for Mainland tech and biotech listings

HK’s CARF Bill will implement the OECD Crypto-Asset Reporting Framework and require Crypto-Asset Service Providers to conduct due diligence and report transactions to the IRD from 1 January 2027.

SFC issues circular on 2 June 2026 requiring licensed firms and VATPs to strengthen cybersecurity measures against AI-enabled cyberattacks.

SFC Circular of 22 May 2026 outlines expected controls for account opening and client relationships, including CBCR due diligence and Mainland investor measures.

The HKMA has issued a circular setting out relaxed requirements for registered institutions providing dealing, advisory, and asset management services in stablecoins issued by HKMA-licensed issuers.