The Hong Kong Legislative Council (“Legco”) is currently considering passing stricter regulation and penalties for illicit animal and plant trafficking, and in particular elephant ivory…
In April 2015 we considered the FIFA scandal and how the allegations interacted with the obligations on financial institutions in Hong Kong. FIFA continues to…
1Malyasia Development Berhad (“1MDB”) has made international headlines again with international celebrities continuing to be embroiled in the scandal. We thought this was a good…
On 2 June 2017, the Securities and Futures Commission (SFC) issued a circular about responsible officers and substantial shareholders (June Circular). Interestingly, it echoed much of…
Space, despite being a vacuum, is heating up. Last month CB Insights detailed 57 start-ups that are focused on the possibilities of space. From big-name…
Multi-million (and billion) dollar fines for AML/CTF breaches are no longer the preserve of United States and United Kingdom. In this post, we describe the…
It’s great to see that the global standard-setter on anti-money laundering and counter-terrorist financing (FATF) is embracing the galloping trend toward technology solutions and taking…
In this post, we describe a recent example of technology allegedly being used to evade regulations and frustrate regulators – a phenomenon that we call “anti-RegTech”.…
“Secret Payments Utterly Unacceptable”: Australia to criminalise corrupt payments to union officials
This post was written by Natalie Caton. In a further step towards increased transparency and strengthening Australia’s anti-corruption laws and regulations, Australian Prime Minister Malcom…
We are now starting to see signs of momentum building on AML/CTF enforcement cases in Hong Kong. With it, there are some useful practical examples…