US-headquartered law firm, Dechert, has announced the appointment of Maria Sit as managing partner for its Hong Kong office, effective October 14.
“As an important financial hub, Hong Kong continues to generate opportunities to Dechert’s global clients and the legal industry. For example, on the regulatory front, the Securities and Futures Commission SFC has introduced a new regulatory framework regarding virtual assets and also a consultation paper to extend SFC’s enforcement powers. With the appointment of the new enforcement head, we are likely to see an uptick in enforcement actions in the next 12 to 24 months,” Sit told FinanceAsia.
Hong Kong’s regulators...
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