On 28 October 2021, the Securities and Futures Commission (SFC) released the consultation conclusions on proposed amendments to the Code on Pooled Retirement Funds (PRF Code). The amended PRF Code will become effective upon gazettal, which is expected to be some time in November 2021 (Effective Date). The proposals are part of the SFC’s holistic review of the PRF Code following the revision of the Code on Unit Trusts and Mutual Funds (UT Code) which was implemented in 2019, as well as the codifications of existing practices...
Deacons
Main Contacts

Gavin Nesbitt
Consultant
Edwarde Webre
Consultant
Annie Tsoi
Partner, Co-Head of Intellectual Property practice
Machiuanna Chu
PartnerOffices
Overview
Deacons is Hong Kong's own world-class law firm. We are the largest full-service independent law firm in Hong Kong, as well as the longest-established. Established in 1851, we have deep roots and strong relationships with Hong Kong's business community, having advised clients in the city for 170 years.
We understand our clients' businesses and time pressures, and act as 'trusted advisors' in helping them to make crucial business decisions. Blending traditional client care with modern technology and working practices, we provide clients with the highest quality advice to support their strategic business needs.
As well as our headquarters in Hong Kong, Deacons has representative offices in Beijing, Guangzhou and Shanghai.
Our principal service areas include: banking & finance, capital markets, China trade & investment, construction, corporate and M&A, employment & pensions, insolvency & restructuring, insurance, intellectual property, investment funds, litigation & dispute resolution, notarial services, private clients, real estate, regulatory and tax.
Year this Office was Established: 1851
Lawyers Worldwide: 205
Notable
Areas of Practice
Professionals
Senior Partner

Lilian Chiang
Senior Partner, Head of Property practicePartner

Karen Chan
Partner
Elsie Chan
Partner
Sherlynn Chan
Partner
Kwok Kit Cheung
Partner
Ronny Chow
Partner, Head of Corporate Finance practice
Emmy Chow
Partner
Machiuanna Chu
Partner
Su Cheen Chuah
Partner
Amy Chung
Partner
Joseph Chung
Partner
Cynthia Chung
Partner, Head of Corporate Commercial practice
Fiona Fong
Partner
Sabrina Fung
Partner
Richard Hudson
Partner
Taylor Hui
Partner
Vincci Ip
Partner
Joseph Kwan
Partner, Head of Commercial Litigation practice
Paul Kwan
Partner
Jeremy Lam
Partner, Head of Financial Services practice
Teresa Lau
Partner
Patsy Lau
Partner
Loretta Lau
Partner
Canny Lau
Partner
Linda Lee
Partner
Maynard Leung
Partner
Ming Chiu Li
Partner
Tracy Li
Partner
Alwyn Li
Partner
Joyce Li
Partner
Helen Liao
Partner
Ian Liu
Partner
Kelley Loo
Partner
Gary Lui
Partner
Theresa Luk
Partner
Stefano Mariani
Partner
Jeffrey McLean
Partner
Carmen Ng
Partner
Alexander Que
Partner
Dora Si
Partner
Gere Sit
Partner
Pinky Siu
Partner
Peter So
Partner
Mark Stevens
Partner
Alfred Tam
Partner
Kevin Tong
Partner
Annie Tsoi
Partner, Co-Head of Intellectual Property practice
Wallace Wong
Partner
Gary Wong
Partner
Erica Wong
Partner
Isabella Wong
Partner
Wai Tung Yu
Partner
Icarus Yuen
Partner
Justin Yuen
Partner
Rhoda Yung
Partner
Catherine Zheng
Partner, Co-Head of Intellectual Property practiceConsultant

Scott Carnachan
Consultant
Eugina Chan
Consultant
Simon Deane
Consultant
So Yin Hui
Consultant
Christina Hung
Consultant
Charmaine Koo
Consultant
Cecilia Lau
Consultant
Christine Li
Consultant
Stanley Lo
Consultant
Gavin Nesbitt
Consultant
John Richardson
Consultant
Edwarde Webre
ConsultantOthers

Axton Cao
Head of Business Development and Marketing
Howard Kong
Counsel
Patricia Lam Lam
Counsel
Chris Lee
Communications Manager
Mary Nieto
General Counsel
Sharon Pang
Principal Economist, Competition
Eliza Siew
Counsel
Stephen Tisdall
Counsel
Pauline Woo
CounselArticles
Recent update on Term SOFR and ARRC’s best practice recommendations
On 27 August 2021, the Alternative Reference Rates Committee (“ARRC”), a group of private-market participants convened by the Federal Reserve Board and the Federal Reserve Bank of New York in 2014 to lead the LIBOR transition in the United States, issued FAQs and Best Practice Recommendations on, among other things, the use of the Secured Overnight Financing Rate (“SOFR”) and its term rates (“Term SOFR”), following the ARRC’s formal recommendation to use Term SOFR on 29 July 2021...
Press
Deacons boosts Financial Services practice with new partner hire
Deacons, Hong Kong’s longest established and largest independent law firm, has deepened its regulatory expertise by bringing in Isabella Wong as a Partner in the Financial Services Practice Group. Isabella has re-joined Deacons from a global asset manager after acquiring in-house experience by counselling the manager’s investment management and funds distribution businesses in APAC (ex-Japan) regions. Before moving to an in-house counsel role, Isabella worked at Deacons as a regulatory lawyer for 8 years...
Deacons boosts Financial Services practice with new partner hire
Hong Kong – 7 March 2023 – Deacons, Hong Kong’s longest established and largest independent law firm, has deepened its regulatory expertise by bringing in Isabella Wong as a Partner in the Financial Services Practice Group. Isabella has re-joined Deacons from a global asset manager after acquiring in-house experience by counselling the manager’s investment management and funds distribution businesses in APAC (ex-Japan) regions. Before moving to an in-house counsel role, Isabella worked at Deacons as a regulatory lawyer for 8 years...