The SFO restricts insider dealing. Whilst the objectives of insider dealing restrictions are widely accepted and the conceptual framework is clear, the statutory prohibitions under the SFO on insider dealing ...

Anti-suit injunctions restrain legal proceedings in Hong Kong as well as in foreign jurisdictions, meaning they prohibit a litigant from moving forward with court or arbitral proceedings...

At the same time, these changes allow brokerage firms to act as custodians, thus allowing hedge funds to use their prime brokers as custodians.

Following its proposal to introduce a concessionary tax rate for carried interest earned from Hong Kong private equity funds, on January 4, 2021...

The Hong Kong Stablecoins Ordinance establishes a regulatory framework for stablecoins administered by the Hong Kong Monetary Authority ("HKMA"). It came into operation on August 1, 2025.

Both an employer and an employee have the right to terminate an employment contract, either for cause or without cause.

Recent shocks to the financial markets as well as deteriorating economic conditions have brought insolvency issues sharply back into focus.

Hong Kong is a premier centre for hedge fund management in Asia, boasting easy access to North Asia deal flow, world-class infrastructure, an internationally regarded regulatory framework and a relatively benign tax environment.

The Inland Revenue (Profits Tax Exemption Amendment) Bill aims to amend the Inland Revenue Ordinance to create a tax exemption for hedge funds and private equity funds.

Directors of Hong Kong companies under cashflow pressure or financial distress should be aware that as their companies approach insolvency...

Hong Kong is an important market for global asset managers. Whilst the Securities and Futures Commission ("SFC") is open to authorizing collective investment schemes ("CIS") based abroad, experience shows that difficulties can arise in the complying with SFC requirements.

Given conflicting legal authorities, global employers should be careful when drafting employment contracts for Hong Kong.

The IA approach to enforcement action and an overview of the IA powers of investigation and discipline.

Though Hong Kong has been a major centre for private equity in the Greater China region for many years, historically, Hong Kong private equity fund sponsors have opted for offshore fund structures, ...

The Market Misconduct Tribunal adjudicates cases of insider dealing, market manipulation as a result of improper disclosure of insider information and failure to disclose insider information.

The period from 2019-2020 saw a continued decrease in the number of SFC enforcement actions focused on SFC licensed corporations but a marginal but possibly significant increase in the number of SFC enforcement actions ...

Investigations ("SFC investigations") by the Securities and Futures ("SFC") Enforcement Division are formal enquiries into possible wrongdoing

In an investigation ("SFC investigation") by the Securities and Futures Commission ("SFC") Enforcement Division, the SFC has the power to obtain a search warrant.

During economic downturns, even businesses with strong long term prospects may face real short term working capital challenges and the ensuing prospect of corporate bankruptcy.

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