With core regulatory expertise and leveraging knowledge across the firm’s banking, corporate, litigation and asset management functions, Deacons’ multi-disciplinary team is well-positioned to advise a wide array of financial services entities on both non-contentious and contentious matters. Practice head Jeremy Lam is across a good deal of the advisory work handled by the team, including in the context of licensing and regulatory compliance for asset management entities, while his role on the board of the Financial Services Development Council (FSDC) ensures he is abreast of regulatory developments impacting the entire financial services ecosystem. As part of her wide-ranging offering which has a core focus on the new economies tech sector, Machiuanna Chu is the principal contact for transactional and investment-related fintech work. On these often transformational projects, Chu regularly works alongside Isabella Wong, who provides the necessary regulatory input and is gaining a strong reputation in the market, including as it relates to virtual assets matters. Other recommended practitioners include seasoned litigator Joseph Kwan, whose broad contentious expertise includes a considerable amount of commercial litigation and regulatory enforcement/investigation matters impacting financial services clients; Taylor Hui, who assists China-based fund managers on the relevant licensing and ongoing regulatory issues associated with establishing in Hong Kong; and private funds expert Fiona Fong.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team's strength lies in its deep understanding of the Hong Kong and international regulatory landscape, combining local experience with cross-border resources.'
  • 'Isabella Wong's understanding of the Hong Kong and offshore fund markets, coupled with her fluent communication skills in English, Cantonese, and Mandarin, enables her to excel in SFC licensing applications and regulatory investigations.'
  • 'Isabella Wong demonstrates deep expertise in Hong Kong Securities and Futures Commission (SFC) authorisation, fund formation, and compliance advisory (such as anti-money laundering and ESG regulations), providing our firm with tailored solutions to complex regulatory challenges.'

Work highlights

Assisted multiple major asset management companies own by global banking institutions in Hong Kong, on obtaining a corporate licence for the new licensing regime implemented by the SFC for depositaries of authorised funds (known as type 13 regulated activity).
Advised Thailand’s leading cryptocurrency exchange in the establishment of electronic platform for secondary NFT marketplace in Hong Kong.
Helped various prominent asset managers in Hong Kong to amend documents in line with the HKEX updated arrangements for severe weather trading (SWT), effective 23 September 2024.

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Practice head

Jeremy Lam

Other key lawyers

Joseph Kwan; Machiuanna Chu; Taylor Hui; Alwyn Li; Fiona Fong; Ming Chiu Li; Pinky Siu; Joyce Li; Vincci Ip; Isabella Wong; Peter So; Lavita Pong