Investment Funds Update
Asia Funds & Financial Services Newsletter
July 10, 2023
In this issue of Sidley’s Asia Funds and Financial Services Newsletter, we provide a concise summary of the regulatory outlook for fund managers in Hong Kong in 2023 and beyond. We cover, amongst other things, the major proposed new rules to tackle cross-border insider trading cases and the new licensing regime for centralized virtual asset (VA) trading platforms. Standards of conduct of private managers (even if acting under delegated powers), operational risk management and data risks arising from trading activities top the list of significant focus areas.
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