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[email protected]On 31 January 2023, the Hong Kong Monetary Authority (the “HKMA”) issued the consultation conclusions to its discussion paper published on 12 January 2022 (the “Consultation Conclusions”). The Consultation Conclusions provide critical insights into the shape of the HKMA plans for stablecoin regulation in Hong…Read More
What will happen if your children or child is arrested by the police? An overview of the rights of juveniles under arrest. Introduction We often hear of arrest of youngsters in Hong Kong. In this article, we briefly discuss how the legal system processes those…Read More
In this snapshot legal update, we report that on 25 May 2022, in a written reply by Mr. Alfred Sit, the Secretary for Innovation and Technology, to Legislative Council questions on cybersecurity standards in Hong Kong, Mr. Sit confirmed that the Hong Kong Government is…Read More
We are delighted to announce that Tanner De Witt is named in two major lists in Asian Legal Business’ November 2021 issue: Asia’s Fastest Growing Firms and Asia’s Top 50 Firms. Asia’s Fastest Growing Firms We are included in ALB’s inaugural ALB Fast 30 list,…Read More
Information security is mission critical for businesses today. Data management has attracted increasingly more attention from privacy regulators, with enforcement actions leading to significant fines. Businesses are acutely aware of the adverse impact and bad reputation that can come from poor data management. Information security…Read More
The Financial Service and Treasury Bureau released a consultation paper on 3 November 2020, proposing amendments to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615, Laws of Hong Kong)(“AMLO”) to introduce a licensing regime for virtual asset services providers (“VASP(s)”). River Stone, Pádraig Walsh…Read More
When someone dies, who is entitled to claim the body and to organise the funeral？ This question was raised in the case of Re Estate of Lu Han Lung [2010] 3 HKLRD 651. In that case, the wife and eldest son of the deceased wanted…Read More
No part of the tech universe has a greater abundance of myths than the crypto space, and no part of the crypto space has a deeper black hole of urban legends than the weird and wonderful world of token sales. Here are some of the…Read More
The emergence of digital currencies and blockchain technology has now paved the way for various blockchain-based companies to raise billions of dollars by initial coin offerings (“ICOs”). An ICO occurs when a company sells digital tokens or existing digital coins (such as bitcoin or ether)…Read More
Local humanitarian services and human rights organisation PathFinders has just released its annual report for 2016. They reported reaching a total of 9,329 vulnerable individuals, most of whom were migrant workers that were pregnant or had just given birth. In 2016, PathFinders reported working with 70…Read More
The Commercial Crime Bureau obtained search warrants to search our client’s two residential properties and company office in Hong Kong. The CCB carried out “dawn raids” simultaneously on all three locations. We were able to provide immediate advice and assistance. No items were seized from…Read More
Mass resignations at ICAP The decision of the High Court of Hong Kong in ICAP (Hong Kong) Ltd. vs BGC Securities (Hong Kong) LLC and others highlighted the importance of having properly drafted post-termination restrictions and of following proper contractual termination procedures. The High Court’s…Read More
