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10 For 10: Top Compliance Stories For the Week Ending, July 12, 2025
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Ampliación del fuero de paternidad
Effective from January 2026, a new law in Hong Kong will broaden the definition of a ‘continuous contract’, making it easier for employees to qualify for statutory employment benefits. We look at the details below....more
On 21 May 2025, the Hong Kong Legislative Council passed the much-anticipated Stablecoins Bill (“Bill”), now citable as the Stablecoins Ordinance (“Ordinance”), marking a significant milestone in the city’s ambition to become...more
INTRODUCTION - The Protection of Critical Infrastructures (Computer Systems) Bill (the "Bill"), as the first law in Hong Kong to deal with cybersecurity was passed on 19 March 2025, and will come into force on 1 January 2026....more
On 11 July 2025, the Hong Kong Government gazetted the Construction Industry Security of Payment Rules (“Rules”). The Rules, made by the Chief Judge of the High Court under section 50 of the Construction Industry...more
We present to you the Summer 2025 edition of the Asia Tax Bulletin. It contains tax developments in Asia on a host of topics, such as Hong Kong’s and Japan’s tax legislation to implement the Minimum Global Tax (also referred...more
The Prevention of Bribery Ordinance (Amendment of Schedules 1 and 2) Order 2025 (“Amendment Order”) has amended the Hong Kong Prevention of Bribery Ordinance (“POBO”) to include four new “public bodies” and two new categories...more
The House and Senate passed the tax bill, which includes a provision to end the de minimis exemption for all e-commerce effective July 1, 2027. The bill now goes to the President for his signature. The de minimis exemption...more
Taking effect in August 2025, the new legislation will bring issuers of fiat-referenced stablecoins into the regulatory perimeter. By Simon Hawkins, Adrian Fong, and Sam Maxson On 21 May 2025, the Legislative Council of Hong...more
The new law complements existing laws on digital tokens and virtual assets....more
From May 23, 2025, companies may transfer their domicile to Hong Kong under a new regime which will allow them to preserve their legal identity and will not interrupt business operations. To qualify, companies must meet...more
In a move to enhance Hong Kong’s status as a global business and financial hub, and to attract foreign companies to take advantage of Hong Kong’s taxation system and professional services–thereby encouraging investment and...more
Asartificial intelligence continues to reshape industries, understanding the evolving regulatory landscape is more critical than ever. Our new APAC AI Watch series offers in-depth analysis of key legal developmentsacross...more
It is common for construction industry participants to source various machinery, materials or components from overseas for construction projects in Hong Kong, or to have part of the construction and fabrication or assembly...more
Stablecoins are cryptocurrencies with values tied to fiat currencies or other assets, and are often said to be “pegged to” a single or a basket of fiat currents and/or other assets....more
On May 21, 2025, Hong Kong’s Legislative Council passed the Stablecoins Bill, establishing a regulatory framework for stablecoins–cryptocurrencies whose value is tied to an external asset or commodity. This marks an important...more
As artificial intelligence continues to reshape industries, understanding the evolving regulatory landscape is more critical than ever. Our new APAC AI Watch series offers in-depth analysis of key legal developments across...more
From 1 May 2025, in respect of Hong Kong’s MPF scheme, the MPF offsetting mechanism will be abolished, meaning that employers no longer will be able to use the accrued benefits of their mandatory contributions under the...more
The Hong Kong Government has proposed to change the “continuous contract” requirement under the Employment Ordinance (Cap 57) (“EO”) from the current “4-18” requirement to a more relaxed “4-17” or “4-68” requirement....more
Hong Kong’s Legislative Council passed the Protection of Critical Infrastructures (Computer Systems) Bill (the “CI Bill”) on March 19, 2025. This landmark legislation aims to enhance cybersecurity and minimize disruptions...more
On 19 March 2025, the Legislative Council (the “LegCo”) passed the Protection of Critical Infrastructure (Computer System) Bill (the “Bill”), which is due to come into effect on 1 January 2026. This is a significant step in...more
The second and third reading of the Construction Industry Security of Payment Bill concluded at the Legislative Council on 18 December 2024....more
New legislation focused on uplifting cybersecurity and minimizing disruption of critical and essential services in Hong Kong has been introduced this month. The Hong Kong Government officially released the Protection of...more
Welcome to the latest edition of our quarterly global supply chain horizons providing you with an update on the key developments from around the world - Asia - China: Export ban of critical minerals to the US - On December...more
As we move into the second half of 2024, the competition law landscape across the Asia-Pacific region continues to shift towards tighter regulation and increased enforcement. Faced with the intricate challenges of modern...more
New cybersecurity legislation to enhance the protection of computer systems of critical infrastructures (“CIs”) was proposed by the Hong Kong Government on 25 June 2024. The legislation is tentatively titled the Protection of...more