SFC’s power to freeze assets under SFO section 213 confirmed

The Court of Appeal confirmed that the SFC has authority under Securities and Futures Ordinance section 213 to apply to the court for orders to freeze assets in cases of suspected insider dealing. The court may also grant permission to serve legal proceedings on persons outside Hong Kong.

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Stay On Top Of The Debt Relief Industry's Regulatory Landscape

On November 6-7, 2022, Shipkevich PLLC will be hosting a Regulatory Workshop in Costa Mesa, California focusing on the fundamental regulatory issues facing debt relief professionals and how they can adapt.