Contact details

Alan Wong

T: +852 2533 2719 Email Alan | vCard Office: Hong Kong

Alan Wong Associate

Contact details

Alan Wong

Alan Wong
Associate

T: +852 2533 2719 Email Alan | vCard Office: Hong Kong

Alan is a regulatory lawyer who regularly advises clients with innovative ideas in the FinTech industry, such as virtual assets and blockchain adaption. He has assisted in the structuring of various businesses and provided commercially viable solutions. Alan is a qualified solicitor in Hong Kong and England and Wales.
  • Profile
  • Services
  • Sectors

Alan advises clients on various regulatory matters, particularly focusing on securities regulations. He has successfully assisted a Singaporean based buy-now-pay-later business in its localisation in the Hong Kong market, and has continued to assist in their subsequent projects, including the issue of a buy-now-pay-later payment card.

He also advised many different businesses in their token offerings, establishments of virtual asset trading platforms, virtual asset trading businesses and launches of virtual assets related products. In addition to advising on the structuring, regulatory and compliance issues, he also assisted the businesses in the preparation of their standard terms documents.

Alan has also assisted in multiple banking and financing matters, including advising lenders from a Hong Kong law perspective on their lending to one of the world's leading toddler toys manufacturer.

Alan also advised businesses in respect of data privacy and has assisted one of the largest local logistic companies in the preparation of their data privacy policies and procedures.

  • Banking and financial services regulation

One of the first business in Hong Kong to provide buy-now-pay-later options to retail customers

Provided regulatory advice to the client (buy-now-pay-later business) and helped prepare their local contracts/terms and conditions and forms to implement their business in Hong Kong.

White Oak ABL, LLC and Gordon Brother Brands, LLC

Assisted the lenders in taking HK law governed security in connection with the loans granted to Kids II, Inc.

An England based online money service operator

Prepared the HK law terms and conditions for their money service operator business.

More: Banking and financial services 

  • Technology
  • Banks and banking

One of the first business in Hong Kong to provide buy-now-pay-later options to retail customers

Provided regulatory advice to the client (buy-now-pay-later business) and helped prepare their local contracts/terms and conditions and forms to implement their business in Hong Kong.

One of the largest technology company that connects drivers and retail users for delivery services

Prepared their HK law privacy policy.

One of the first Hong Kong based virtual asset trading platform

Prepared various terms and conditions and standard contracts in respect of their business in the operation of a virtual asset trading platform.

One of the largest virtual asset trading platform in the world

Provided regulatory advice to the client in respect of its bitcoin trading business.

An innovative web3.0 company that connects e-gaming with virtual assets

Advised in respect of the token that the client intended to issue.

More: Technology

White Oak ABL, LLC and Gordon Brother Brands, LLC

Assisted the lenders in taking HK law governed security in connection with the loans granted to Kids II, Inc.

One of the largest coffeehouse chains

Advised in respect of several security arrangements with its creditors.

Skybound Capital UK Limited

Advised the security agent in respect of a loan to a HK borrower with 465 Holdings Limited being the security provider.

More: Banks and banking

Latest news & insights

13 Jun 2024

From Insights

Hong Kong's Court of Final Appeal ("CFA") Unanimously Upholds The Letter Of Consent Regime

In January 2022 following the High Court's decision in Tam Sze Leung & Ors ("Applicants") v Commissioner of Police we wrote the article: 'Hong Kong's Letter Of No Cons..

More

29 May 2024

From Insights

Lessons learned from the SFC and HKMA's joint review on distribution practices of non-exchange traded investment products

A joint circular to intermediaries on findings from a review of the distribution of non-exchange investment products was issued by the Securities and Futures Commissio..

More

22 Apr 2024

From Insights

Recent HKMA circulars regarding authorized institutions' services in distribution of tokenised products and custody of virtual assets

On 20 February 2024, the Hong Kong Monetary Authority published two circulars to highlight the supervisory standards expected of authorized institutions in the sale an..

More

17 Apr 2024

From Insights

Proposed regulation on provision of VA OTC trading services

In February 2024, the Financial Services and the Treasury Bureau (“FSTB”) issued the consultation document seeking views on the regulation of over-the-counter ("OTC") ..

More

11 Mar 2024

From Insights

香港个人资料跨境流动最新发展 - 粤港澳《大湾区标准合同》的先行先试安排

香港创新科技及工业局与国家互联网信息办公室于2023年6月29日在北京签署《促进粤港澳大湾区数据跨境流动的合作备忘录》。

More

09 Jan 2024

From Insights

Stablecoin regulations – Consultation paper on the proposed regulatory framework

In January 2023, the Hong Kong Monetary Authority ("HKMA") and the Financial Services and the Treasury Bureau ("FSTB") jointly published the result of a discussion pap..

More

04 Jan 2024

From Insights

Greenlight for retail investors – SFC-authorised virtual asset funds

In October 2022, the Hong Kong Securities and Futures Commission (the "SFC") published a circular setting out its readiness to accept applications for authorisation of..

More

12 Dec 2023

From Insights

Preparing for the changes: a guide to the new Securities and Futures (Contracts Limits and Reportable Positions) Rules

After two rounds of public consultations, on 5 June 2023, the Securities and Futures Commission published the Consultation Conclusions

More

28 Nov 2023

From Insights

Virtual asset regulation November update – the retail market and tokenisation

As Hong Kong continues to build itself into a place that nurtures the growth of fintech businesses, the Securities and Futures Commission recently published three circ..

More

30 Oct 2023

From Insights

Consultation on proposed guidelines for Market Soundings – what is it?

On 11 October 2023, following the thematic review done in 2022, the SFC published a consultation paper on the proposed guidelines for market soundings

More

10 Oct 2023

From Insights

Whistleblowing in the financial services sector – A global perspective

Whistleblowing is a global issue whether in the financial services sector or more broadly. It is deployed by those with a genuine issue to raise as well as by those wi..

More

11 Sep 2023

From Insights

SFC's consultation conclusions on proposed risk management guidelines for futures brokers

The SFC recently published the Consultation Conclusions on Proposed Risk Management Guidelines for Licensed Persons Dealing in Futures Contracts on 25 August 2023,

More

24 Aug 2023

From Insights

New sophisticated professional investor regime – what you need to know

The HKMA and SFC issued a joint circular on 28 July 2023 introducing a "Streamlined Approach" for compliance with suitability obligations when dealing with "sophistica..

More

05 Jul 2023

From Insights

Art law - recent developments July 2023

Welcome to the latest issue of our "Art law - recent developments" newsletter in which we discuss legal issues currently affecting the global art community.

More

07 Jun 2023

From Insights

Conclusion to the regulatory requirements for the virtual asset trading platform operators licences

Following the Consultation Paper on the Proposed Regulatory Requirements for Virtual Asset Trading Platform Operators Licensed by the Securities and Futures Commission..

More

05 May 2023

From Insights

Summary of the Consultation Conclusions of the SFC proposal to implement a regulatory regime for depositaries of SFC-authorised CIS

To understand more about the comments made by the SFC in response to the public consultation as well as how this may affect you please read the article.

More

print-footer
logo
© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.