142 results found

The Financing and Money Services Act, 2009 (FSMA) provides a framework for the licensing, registration and supervision of persons carrying on financing

The emergence of cryptocurrency as an investment asset, alongside the proliferation of blockchain technology, has raised important legal questions, particularly regarding the legal status of cryptocurrency.

On 26 June 2025, the Financial Services and the Treasury Bureau (FSTB) issued Policy Statement 2.0 on the Development of Digital Assets...

Hong Kong has clearly positioned itself as a global leader in the cryptocurrency space. At the heart of this agenda lies Policy Statement 2.0, a visionary roadmap issued by the Hong Kong government that outlines...

On 19 February 2025, the Securities and Futures Commission (SFC) published ASPIRe, its regulatory roadmap for Hong Kong's virtual asset market.

Stablecoins, digital currencies pegged to other conventional assets like fiat money or commodities, have become widely used in areas ranging from cross-border payments and remittances to decentralized finance.

On 11 December 2017, the Securities and Futures Commission of Hong Kong (SFC) issued a circular, which reminds financial service providers of the legal and regulatory requirements associated with Bitcoin ...

This year has seen significant developments in Hong Kong as detailed regulatory guidance has been issued to enable institutions to navigate the evolving crypto-asset landscape...

Since the outbreak of the COVID-19, there has been a drastic increase in cyber fraud cases involving email wire fraud scams and phone scams around the world.

Insolvency litigation witnessed intriguing developments across multiple aspects in Hong Kong in 2023, ranging from the court's updated Practice Direction on Bankruptcy and Winding-Up Proceedings...

In their recent Joint Circular to intermediaries on 20 October 2023, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) set out their updated policy...

A recent circular set out the approach to regulating the distribution of crypto assets (or virtual assets) in Hong Kong.

On 17 December 2020, Hong Kong's Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) published its Strategic Plan to Strengthen Hong Kong's Financial...

Hong Kong recently announced the framework of a new regulatory regime for virtual assets and associated products and services to combat ML/TF risks.

Since the new licensing regime for virtual asset trading platforms (VATPs) came into effect on 1 June 2023, allowing retail access to VATP services...

Hong Kong's submission of CRS 2.0 amendment legislation in April 2026 marks a pivotal shift in global tax transparency, expanding coverage to crypto assets and strengthening beneficial ownership identification. How do these systematic upgrades address the structural deficiencies of CRS 1.0, and what challenges remain in achieving effective cross-border tax information exchange?

Welcome to Herbert Smith Freehills' monthly private wealth industry updates in Asia. Every month we survey ten Asian jurisdictions for legal developments concerning trust and estate planning...