Hong Kong: Compliance

Hong Kong is poised to significantly expand its competition law enforcement regime through three major reforms: granting the Competition Commission compulsory information-gathering powers...

Hong Kong phases out its Electronic Shroff Card at betting branches while South Korea blocks Polymarket as illegal gambling and tightens regulation of claw machines. Vietnamese-based illegal gambling operations face prosecution as Asian jurisdictions intensify enforcement across digital and physical gaming platforms.

This weekly bulletin examines major developments across Asia's gaming sector, from Hong Kong Jockey Club's record-breaking HK$331.7 billion turnover and Pansy Ho's succession insights, to Macau casino operators leveraging luxury retail growth and South Korea's regulatory restructuring to combat illegal online gambling. The analysis explores how integrated resorts are diversifying revenue streams while governments intensify enforcement against offshore platforms.

Hong Kong's Legislative Council has introduced significant amendments to its family office tax concession framework, fundamentally reshaping how family-owned investment holding vehicles qualify for preferential treatment.

Hong Kong's uncertificated securities market regime, launching November 2026, eliminates paper share certificates for listed securities, requiring electronic title holding through approved registrar systems. Cayman Islands and Bermuda issuers must transition within five years, necessitating constitutional document amendments and new operational procedures. Companies need to appoint approved securities registrars, plan shareholder approvals, and ensure compliance before their assigned transition dates.

Chinese tax authorities are increasingly challenging cross-border dividend flows between China and Hong Kong, denying preferential withholding tax rates when Hong Kong...

In the ever-evolving business world, legal issues are an inevitable challenge that organizations must navigate to ensure compliance, mitigate risks, and safeguard their interests.

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...

The FRC's 2024 reports highlight evolving governance standards: increased adoption of pre-emption principles, improvements in Code compliance, and emphasis on risk management and stakeholder engagement. Meanwhile, the FCA fined an executive for MAR breaches, reinforcing regulatory expectations.