China: 14th Five Year Plan makes Plans for the Digital Economy
bit.ly/3KMuVew 0
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Hong Kong: Family Office Tax Concession Regime proposed
www.ey.com/en_gl/tax-alerts/hong-kong-proposes-family-office-tax-concession-regimewww.timothyloh.com/insights/current-issues/hk-proposed-tax-concessions-family-officeswww.tiangandpartners.com/en/publications/proposed-family-office-tax-concession-regime-in-hk-jul2022.html Update:www.ey.com/en_gl/tax-alerts/hong-kong-introduces-bill-on-tax-concessions-for-family-owned-inwww.withersworldwide.com/en-gb/insight/read/update-on-the-developments-of-hong-kong-s-proposed-tax-concession-regime-for-family-officeswww.withersworldwide.com/en-gb/insight/read/update-on-the-developments-of-hong-kong-s-proposed-tax-concession-regime-for-family-officeswww.withersworldwide.com/en-gb/insight/read/hong-kong-s-new-law-providing-a-tax-concession-for-family-investment-vehicles-has-finally-passedhongkong.dentons.com/en/insights/articles/2023/may/23/hong-kong-tax-concessions-to-welcome-family-offices-set-uprobertsonshk.com/en/news/new-tax-concessionary-regime-for-family-owned-investment-holding-vehicles-managed-by-single-family-offices-in-hong-kongTax Concessions for Family Offices in Hong Kong (charlesrussellspeechlys.com)www.conyers.com/publications/view/the-use-of-offshore-structures-in-the-hong-kong-family-office-tax-concession-scheme/ See also:www.shlegal.com/docs/default-source/news-insights-documents/2023/briefingnote_hong-kong-highlights-philanthropy-in-new-family-office-tax-regime_english.pdf 0
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Macau: Trust Law
www.ccadvog.com/cca/the-macau-trust-law.htmlKey Things to Know about Macau’s Trust Law | Macau Businesswww.mdme.com/en/knowledge/assessing-the-progress-of-macaus-trust-law-has-it-lived-up-to-expectations/22213/ 0
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EU: Ten Countries added to Tax Cooperation monitoring List
www.walkersglobal.com/index.php/british-virgin-islands/88-offices/2931-eu-annex-ii-update-bermuda-bviwww.harneys.com/insights/eu-reviewing-annex-ii-potential-inclusion-of-bvi-and-bermuda/www.ey.com/en_gl/tax-alerts/eu-member-states-adopt-revised-list-of-non-cooperative-jurisdictions-for-tax-purposes1data.consilium.europa.eu/doc/document/ST-5723-2022-INIT/en/pdfwww.consilium.europa.eu/media/54470/st06437-fr22.pdfwww.consilium.europa.eu/en/press/press-releases/2022/02/24/taxation-council-reviews-list-of-non-cooperative-countries-for-tax-purposes/ Update:Mourant: Law Firm | BVI removed from the EU list of non-cooperative jurisdictions for tax purposesBritish Virgin Islands: BVI REMOVED FROM EU LIST OF NON-COOPERATIVE JURISDICTIONS FOR… – Loeb SmithRussia and Tax “Black-Lists” | White & Case LLP (whitecase.com)Mourant: Law Firm | BVI removed from the EU...
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Hong Kong: 2022/23 Budget announced
globaltaxnews.ey.com/news/2022-5208-hong-kong-announces-2022-23-budget 0
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Hong Kong: SFC and HKMA joint Circular on Intermediaries’ virtual asset-related Activities
www.dlapiper.com/en/us/insights/publications/2022/02/sfc-and-hkma-joint-circular-on-intermediaries-virtual-asset-related-activities/www.onc.hk/en_US/publication/sfc-and-hkma-published-joint-circular-on-intermediaries-virtual-asset-related-activitiessites-herbertsmithfreehills.vuturevx.com/103/27694/compose-email/crypto-assets-go-mainstream—new-sfc-and-hkma-guidance-for-intermediaries-and-banks-on-virtual-asset-related-activities-.aspwww.eversheds-sutherland.com/global/en/what/articles/index.page?ArticleID=en/global/Hong-Kong/HKMA_reviews_current_crypto-asset_regulationsapps.sfc.hk/edistributionWeb/api/circular/openFile?lang=EN&refNo=22EC10my.slaughterandmay.com/insights/briefings/hong-kong-implements-a-comprehensive-regime-on-the-regulation-of-virtual-assetshsfnotes.com/fintech/2022/03/02/crypto-assets-go-mainstream-new-sfc-and-hkma-guidance-for-intermediaries-and-banks-on-virtual-asset-related-activities/#page=1www.tannerdewitt.com/sfc-warns-nft-risks/www.deacons.com/2022/06/29/virtual-assets-licensing-regime-for-virtual-asset-service-providers-market-misconduct/pulse.kwm.com/fintech/hong-kong-virtual-asset-licensing-gets-real-your-critical-checklist-for-june-1/www.kwm.com/hk/en/insights/latest-thinking/HK-SFC-issues-final-rules-for-virtual-asset-exchanges.html See also:hauzen.hk/sfcs-timely-reminder-on-nfts?utm_source=rss&utm_medium=rss&utm_campaign=sfcs-timely-reminder-on-nfts Update:Hong Kong Regulators Update Guidance for Intermediaries’ Virtual Asset-Related Activities | Global Fintech & Digital Assets Blog (fintechanddigitalassets.com)Hong Kong: Updated Regulatory Approach for Intermediaries’ Virtual Asset-related Activities | Perspectives & Events | Mayer Brownwww.clydeco.com/en/insights/2023/12/hong-kong-virtual-assets-regulatory-update-joint-cwww.fintechlawblog.com/2024/01/12/sfc-circular-on-intermediaries-engaging-in-tokenized-securities-activities-part-2/#page=1www.engage.hoganlovells.com/knowledgeservices/insights-and-analysis/countering-risks-of-over-the-counter-virtual-asset-service-providers-a-new-proposed-regimewww.tannerdewitt.com/what-you-need-to-know-about-vatp-regulation-in-hong-kong/www.engage.hoganlovells.com/knowledgeservices/insights-and-analysis/tokenisation-of-financial-products-hkma-supervisory-standards_1www.engage.hoganlovells.com/knowledgeservices/viewContent.action?key=Ec8teaJ9VarPZwULKQYbkV7eOOGbnAEFKCLORG72fHz0%2BNbpi2jDfaB8lgiEyY1JAvAvaah9lF1P4Yhmok33cA%3D%3D&navwww.clydeco.com/en/insights/2024/03/hong-kong-virtual-assets-regulatory-update-2-jointwww.shlegal.com/docs/default-source/default-document-library/briefing-note—recent-hkma-circulars-regarding-authorized-institutions'-services-in-distribution-of-tokenised-products-and-custody-of-virtual-assets.pdf 0
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Hong Kong: Cryptos in Divorce
www.hk-lawyer.org/content/crypto-divorces-what-are-bitcoins-divorce-cryptocurrencies-and-family-lawwww.withersworldwide.com/en-gb/insight/handling-cryptocurrencies-in-divorce-proceedings_1www.withersworldwide.com/en-gb/insight/cryptoassets-in-matrimonial-law-in-Hong-Kongwww.withersworldwide.com/en-gb/insight/read/divorce-in-the-digital-age-crypto-and-nfts-as-matrimonial-assetswww.withersworldwide.com/en-gb/insight/read/handling-cryptocurrencies-in-divorce-proceedings_1 See also:bit.ly/3zIg2VG 0
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Hong Kong: Court rules “informal freezing” of Bank Accounts unlawful
www.engage.hoganlovells.com/knowledgeservices/viewContent.action?key=Ec8teaJ9Vaq4r3kksfh8JcxgHJMKLFEppVpbbVX%2B3OXcP3PYxlq7sZUjdbSm5FIetvAtgf1eVU8%3D&navwww.mayerbrown.com/en/perspectives-events/publications/2022/01/hong-kong-court-of-first-instance-rules-jfius-no-consent-regime-is-beyond-the-scope-of-its-powershauzen.hk/high-court-finds-no-consent-regime-unlawfulwww.reedsmith.com/en/perspectives/2022/01/cryptocurrency-and-the-informal-police-freeze-regime-in-hong-konghsfnotes.com/fsrandcorpcrime/2022/01/24/end-of-an-era-hong-kong-court-finds-letters-of-no-consent-unconstitutional/#page=1www.charlesrussellspeechlys.com/en/news-and-insights/insights/global-markets/2022/end-of-the-no-consent-regime-implications-for-cyber-fraud-victims-and-financial-institutions/How to get your money back in a cryptocurrency demise or cryptocurrency fraud? – King & Wood Mallesons Pulse (kwm.com)www.onc.hk/en_US/publication/jurisdiction-of-the-court-to-grant-a-vesting-order-in-fraud-cases-calls-for-appellate-clarificationwww.mayerbrown.com/en/perspectives-events/publications/2023/05/no-consent-procedure-confirmed-lawful-by-hong-kong-court-of-appealwww.tannerdewitt.com/hk-court-of-appeal-restores-the-letter-of-no-consent-regime/www.kwm.com/hk/en/insights/latest-thinking/HK-Court-of-Appeal-unfreezes-Letter-of-No-Consent-regime.htmlwww.deacons.com/2023/05/22/the-court-of-appeal-restores-the-once-overthrown-letters-of-no-consent-regime/www.onc.hk/en_US/publication/the-court-of-appeal-reaffirms-the-legitimacy-of-no-consent-regime-freezing-suspected-proceeds-of-crime See also:www.timothyloh.com/insights/guides/letter-of-no-consent-regimewww.eylaw.com.hk/en_hk/publications/our-latest-thinking/2022/march/covidecybercrime 0
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Hong Kong: The Boundaries of indirect Enforcement of foreign (Chinese) Revenue Law
The boundaries of indirect enforcement of foreign revenue law – Slaughter and May Insights 0
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Hong Kong: Court refuses to Stay ‘Keepwell’ Claims
The Hong Kong Court Refuses to Stay ‘Keepwell’ Claims (akingump.com) See also:bit.ly/3eugVHONot “worthless window dressing”: Hong Kong Court declares keepwell deeds are enforceable contractual obligations | Asia disputes notes (hsfnotes.com)www.kwm.com/hk/en/insights/latest-thinking/are-keepwell-deeds-keeping-well.html Update:www.lw.com/en/admin/upload/SiteAttachments/Alls-Well-for-Keepwell-Deeds.pdf 0
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