Last Friday, the Securities and Futures Commission (SFC) launched a consultation on proposals to regulate depositaries (trustees and custodians) of SFC-authorized...

The head of the UK's Serious Fraud Office has proposed a change to the Bribery Act 2010 (the "Act"), seeking broader powers to get tough with corporations that fail to prevent their staff from committing financial crimes.

On 11 July 2016, the Hong Kong Court of Final Appeal (CFA) in HKSAR v. Yeung Ka Shing Carson, FACC Nos. 5 and 6 of 2015, dismissed Mr. Yeung's appeal against his conviction of five counts of "dealing with property known or believed to represent the proceeds of an indictable offence", or simply "money laundering", contrary to Section 25(1) of the Organized and Serious Crime Ordinance (OSCO).

Whilst the Taiwanese authorities’ investigations into possible insider dealing in securities on the part of family members of President Chen have caused widespread political instability on the Island, it is noteworthy that in Hong Kong insider dealing is both a civil wrong and a crime under the Securities and Futures Ordinance ("SFO").

A new "failure to prevent fraud" offence (the FTPF Offence) has been introduced as part of the Economic Crime and Corporate Transparency Act (the Act).

Private markets have experienced strong demand and have grown considerably as an asset class in recent years.

Following the Financial Action Task Force (FATF) and the Asia/Pacific Group on Money Laundering's inspection of Hong Kong in October and November 2018, their much anticipated

Multi-jurisdictional investigations present numerous challenges and require careful management of the risks that arise. This chapter provides an overview of the issues that may occur throughout the duration...