Author Archive:
Julia Charlton
Banking & Finance and Corporate Law in Hong KongJulia Charlton
silverJulia is a silver memberPartner, Charltons
Julia Charlton spoke as a panellist on Crypto Regulations and Strategies at the WOW Summit
Read more: Julia Charlton spoke as a panellist on Crypto Regulations and Strategies at the WOW SummitWe are pleased to share that Julia Charlton, Partner at Charltons Law, spoke at the highly anticipated WOW Summit, a premier event in the Web 3 world! Julia joined a stellar lineup of industry experts in the panel discussion on “Regulating Crypto: Identifying Gaps and Shaping Long-Term Strategies.” This engaging session explored the complexities of…
FSTB Consults on Paperless Corporate Communication for Hong Kong Companies
Read more: FSTB Consults on Paperless Corporate Communication for Hong Kong CompaniesOn 27 November 2023, the Financial Services and the Treasury Bureau (FSTB) published a Consultation Paper seeking feedback on proposals aimed at promoting paperless corporate communication by Hong Kong companies. The FSTB is proposing to introduce an implied consent mechanism and streamline the notification requirement for Hong Kong-incorporated companies disseminating corporate communications by means of…
Hong Kong Police Arrest Suspects in JPEX Scandal
Read more: Hong Kong Police Arrest Suspects in JPEX ScandalThe Hong Kong police have reportedly arrested 18 people allegedly involved in suspected fraud on the part of unlicensed crypto exchange, JPEX, allegedly involving more than 2,000 victims and losses of over HK$1.5 billion, although other individuals believed to be involved have reportedly fled Hong Kong.[1] Hong Kong’s Securities and Futures Commission (the SFC) started…
Hong Kong Needs a Vibrant SME Fundraising Board, says SFC’s Julia Leung
Read more: Hong Kong Needs a Vibrant SME Fundraising Board, says SFC’s Julia LeungSpeaking about a “Sustainable and Healthy Ecosystem for the Small-cap Stock Segment of Hong Kong Market”,[1] SFC Chief Executive Officer, Ms. Julia Leung, emphasised the need for Hong Kong to develop a sustainable small-cap stock market to meet the needs of small and medium-sized enterprises (SMEs) and investors. Noting the commitment in this year’s Budget…
HKMA Urges Banks to Provide Banking Services to Virtual Asset Service Providers
Read more: HKMA Urges Banks to Provide Banking Services to Virtual Asset Service ProvidersIn its circular promoting “Access to Banking Services for Corporate Customers” (the Circular), Hong Kong’s Monetary Authority (the HKMA) encourages banks to “support virtual asset service providers licensed and regulated by the Securities and Futures Commission (SFC) on their legitimate need for bank accounts in Hong Kong”. Published on 27 April 2023 ahead of the…
HKEx Issues 8th Listed Issuer Regulation Newsletter
Read more: HKEx Issues 8th Listed Issuer Regulation NewsletterThe Hong Kong Stock Exchange (HKEx) published its 8th Listed Issuer Regulation Newsletter (the HKEx Newsletter) in June 2023, with reminders relating to audits and financial reporting, compliance with the new HKEx Listing Rules on share schemes and the disclosure of business valuations in transactions. Auditing, Financial Reporting and related Internal Control Matters The HKEx…
HKEX Consults on Mandatory Climate Disclosures in ESG Reports
Read more: HKEX Consults on Mandatory Climate Disclosures in ESG ReportsOn 14 April 2023, the Stock Exchange of Hong Kong Limited (HKEX) published a Consultation Paper proposing to mandate all listed issuers to make climate-related disclosures in their annual Environmental, Social and Governance (ESG) reports and introduce additional climate-related disclosures based on the International Sustainability Standards Board (ISSB) Climate Standard1 in a new Part D of Appendix 27…
HKMA to Adopt Licensing Regime for Stablecoins in 2023/24
Read more: HKMA to Adopt Licensing Regime for Stablecoins in 2023/24On 31 January 2023, the Hong Kong Monetary Authority (HKMA) published its Consultation Conclusions on its proposals for regulating payment-related stablecoins set out in its Discussion Paper on Crypto-assets and Stablecoins published a year earlier. Noting generally positive feedback from respondents, the Consultation Conclusions summarise the feedback received and set out the key parameters of…
2022 Virtual Asset (Crypto) Service Providers & Dealers in Precious Metals & Stones: Hong Kong’s New Regulatory Regimes
Read more: 2022 Virtual Asset (Crypto) Service Providers & Dealers in Precious Metals & Stones: Hong Kong’s New Regulatory RegimesOn 31 October 2022, Julia Charlton presented a webinar on 2022 Virtual Asset (Crypto) Service Providers & Dealers in Precious Metals & Stones: Hong Kong’s New Regulatory Regimes. This webinar provided an overview to the new Hong Kong licensing regime for virtual asset service providers and the new registration regime for dealers in precious metals…
Hong Kong’s proposed foreign source income exemption regime for passive income
Read more: Hong Kong’s proposed foreign source income exemption regime for passive incomeUnder Hong Kong’s Proposed FSIE Regime, offshore passive income will be deemed to be sourced from Hong Kong and subject to Hong Kong tax if certain requirements are met. The Hong Kong government plans to introduce an amendment bill on Hong Kong’s Proposed FSIE Regime in October 2022 in order to bring the Proposed FSIE…
HKEx Updates on Climate Disclosure Standards
Read more: HKEx Updates on Climate Disclosure StandardsOn 10 June 2022, the Stock Exchange of Hong Kong (HKEx) released its 2022 listing newsletter (HKEx Listing Newsletter). This fourth edition primarily focuses on the forthcoming global sustainability reporting standards on climate disclosures that will form the upcoming HKEx review of the environmental, social, and corporate governance reporting framework (HKEx ESG Reporting Framework), the…