Since the start of the COVID-19 outbreak in Hong Kong, financial regulators have stressed the importance of ensuring that the city's markets stay open and continue to function in a fair and orderly manner.
In order to ensure that financial institutions and the market remain resilient in the changing circumstances, the Hong Kong regulators have announced policy changes and deadline extensions and issued guidance and reminders on a wide range of issues.
Our recent briefing provides a single list of these developments, with links to original document to help you navigate the following areas:
- Deferral of compliance timeframes for specified requirements
- Fund management
- Sale and distribution of investment products and insurance products
- Managing AML/CFT risks
- Licensing matters
- Relief measures for banking clients
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2020