Download publication A series of briefings that take a “bite-size” look at international trends in different jurisdictions drawing on Baker McKenzie’s expert financial services practitioners Individual Accountability Regimes – Driving Improvements in Culture This edition takes a bite-size look at culture within financial services businesses, as seen by regulators in…

Recent developments Hong Kong’s Securities and Futures Commission (SFC) recently announced that it will adopt new measures to protect the interests of investors in virtual asset portfolios or funds, and explore the potential regulation of virtual asset trading platforms. In the Statement on regulatory framework for virtual asset portfolio managers,…

The Securities and Futures Commission (SFC) published its Consultation Conclusions on Offline Requirements Applicable to Complex Products (“the Conclusions”) on 4 October 2018, in which it adopted proposals to enhance the investor protection measures for the offline provision of services involving complex products. As a result, there will be changes…

Under the new Apology Ordinance, the evidence of an apology is not admissible in any judicial, arbitral, administrative, disciplinary and regulatory proceedings for determining fault or liability.

The Hong Kong Securities and Futures Commission recently released comprehensive guidance on suggested cybersecurity controls within Licensed Corporations.