Legal 500 Asia Pacific
In line with international trends, Hong Kong’s financial services regulatory system has developed and evolved over recent years. In a changing environment, where mistakes can be costly, it’s important to get the best possible advice.
As Hong Kong’s largest and longest-established independent law firm, Deacons has built up a unique understanding of its financial services legislation. This means that we have a detailed grasp of the most complex areas of law, such as Hong Kong’s ‘disclosure of interests’ regime, and its treatment of the attribution and disaggregation issues that arise for global fund managers.
More than that, however, we also understand the concerns of the key regulators – the Securities and Futures Commission (SFC) and Mandatory Provident Fund Schemes Authority (MPFA) – and know how they are likely to react to a certain proposal or development. The fact that many members of our dedicated regulatory and compliance team have an SFC background only helps us further.
Clients turn to us for practical advice on establishing fund management, research and/or distribution operations in Hong Kong, and for dedicated assistance with compliance and regulatory risk management issues. They appreciate not just our strong connections with the regulators, but the depth of resources available at the largest dedicated regulatory and compliance team in Hong Kong.
If you would like to discuss in more detail how we could help your business with regulatory issues arising in Hong Kong, we would be delighted to hear from you.