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In this latest episode Etelka Bogardi from our Hong Kong office discusses recent regulatory developments including derivatives reporting, the e-HKD Pilot Programme and Hong Kong Green Week – Finance Stream. [read post]
In our latest monthly offering, we look at ESG initiatives in Hong Kong with Etelka Bogardi, Albert Weatherill and Hannah Meakin provide an extended fintech update, including a look at the Khalifa Review in the UK; and Mayling Blanco from our New York office discusses recent enforcement actions undertaken by the Department of Justice in the US. [read post]
In Regulation Around the World this month, we hear from Etelka Bogardi in Hong Kong, Jeremy Wickens in Australia, Glen Barrentine in the USA, Albert Weatherill in the UK and Nikolai de Koning in the Netherlands. [read post]
We will be hearing from Etelka Bogardi on environmental, social governance issues in Hong Kong; Albert Weatherill is back and is joined by Hannah Meakin to give an update on fintech issues and the recent Khalifa Review, plus we will be hearing from Mayling Blanco, an expert in white collar crime investigations and partner in our New York office. [read post]
8 Nov 2019, 1:56 am by Etelka Bogardi (HK) and Amy Chung
For further information, please contact Etelka Bogardi (etelka.bogardi@nortonrosefulbright.com) or Amy Chung (amy.chung@nortonrosefulbright.com). [read post]
8 Nov 2019, 1:23 am by Etelka Bogardi (HK) and Amy Chung
For further information, please contact Etelka Bogardi (etelka.bogardi@nortonrosefulbright.com) or Amy Chung (amy.chung@nortonrosefulbright.com). [1] EDSPs include external providers of (a) public and private cloud services; (b) servers or devices for data storage at conventional data centres; (c) other forms of virtual storage of electronic information; and (d) technology services whereby information generated in the course of using the service stored at the service providers or… [read post]
18 Sep 2019, 2:20 am by Etelka Bogardi (HK) and Amy Chung
For further information, please contact Etelka Bogardi (etelka.bogardi@nortonrosefulbright.com) or Amy Chung (amy.chung@nortonrosefulbright.com). [1] Under the new licensing regime for insurance intermediaries commencing on 23 September 2019, a licensed insurance agency or a licensed insurance broker company should have ROs approved by the IA to supervise the conduct of regulated activities under the Insurance Ordinance and to ensure that proper controls and procedures are in place… [read post]
3 Nov 2020, 11:12 pm by Etelka Bogardi (HK)
 If you want to discuss, please contact Etelka Bogardi (etelka.bogardi@nortonrosefulbright.com) or Amy Chung (amy.chung@nortonrosefulbright.com). [1] The proposed definition is: [A] digital representation of value that is expressed as a unit of account or a store of economic value; functions (or is intended to function) as a medium of exchange accepted by the public as payment for goods or services or for the discharge of a debt, or for investment purposes; and can be… [read post]
29 Jun 2022, 9:31 pm by Etelka Bogardi (HK) and Amy Chung
If you would like to discuss, please contact Etelka Bogardi (etelka.bogardi@nortonrosefulbright.com) or Amy Chung (amy.chung@nortonrosefulbright.com). [read post]
24 May 2021, 2:40 am by Etelka Bogardi (HK) and Amy Chung
If you would like to discuss, please contact Etelka Bogardi (etelka.bogardi@nortonrosefulbright.com) or Amy Chung (amy.chung@nortonrosefulbright.com). [1] The definition of VA applies equally to virtual coins (whether stable or not) and irrespective of the purported form of underlying assets. [read post]
7 Feb 2023, 4:24 am by Etelka Bogardi (HK) and Conrad Lam
Please contact Etelka Bogardi (Etelka.Bogardi@nortonrosefulbright.com) or Conrad Lam (Conrad.Lam@nortonrosefulbright.com) if you wish to discuss any aspect of the Regime. [1] Only SCS pegged to the Singapore dollar or a G10 currency can be issued. [2] The regulated activity of “stablecoin issuance service” will regulate entities in Singapore that perform the function of controlling the total supply, minting and burning of a SCS. [read post]
21 Feb 2023, 5:32 am by Etelka Bogardi (HK) and Conrad Lam
Introduction On 19 December 2022, the Financial Services and the Treasury Bureau (the FSTB) published a consultation paper (the Consultation) on proposals to enhance the regulation of crowdfunding activities in Hong Kong. [read post]
27 Oct 2023, 9:25 pm by Etelka Bogardi (HK) and Conrad Lam
Background On 20 October 2023, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) issued an updated joint circular on intermediaries’ virtual asset-related activities (Joint Circular) with appendices. [read post]
11 Nov 2023, 4:25 am by Etelka Bogardi (HK) and Conrad Lam
Key takeaways from Hong Kong Fintech Week Hong Kong Fintech Week 2023 saw several new policy and regulatory announcements by the Financial Services and the Treasury Bureau (the FSTB), the Securities and Futures Commission (the SFC) and the Hong Kong Monetary Authority (the HKMA). [read post]
  Etelka Bogardi, Partner Singapore While the D&I regulatory landscape in Singapore has been gradually evolving, there are still disparities in both stringency and regulatory reach. [read post]