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Anti-Money Laundering & Terrorist Financing New Requirements for Hong Kong law firms
Effective from 1 July 2008, Deacons, and all other law firms and solicitors operating in Hong Kong, will be subject to new mandatory requirements in relation to client identification and verification, client due diligence and record keeping which will apply to all clients (both new and existing).

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Mandatory Provident Fund Schemes (Amendment) Ordinance 2008 and Mandatory Provident Fund Schemes (Amendment)(No. 2) Bill 2007
Since 2002, the Mandatory Provident Fund Schemes Ordinance ("MPFSO") has not been amended. In order to enhance the efficiency and minimise the loopholes of the MPF system so as to better serve the needs of existing and future scheme members, certain changes have been made or proposed to be made recently.

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Deacons wins 2008 Best Trade Law Firm in Asia award  

Deacons received the 2008 Best Trade Law Firm in Asia award at Trade Finance magazine’s Annual Awards for Excellence ceremony in Hong Kong on 3 July 2008. The award recognises the firm's extensive work on a variety of structured trade and commodity financing transactions over the last year, with the majority of the deals involving China, India, Central Asia, Indonesia and Australia.

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Deacons Hong Kong wins 2007 Asia Pacific Firm of the Year  

Deacons Hong Kong was awarded the 2007 Asia Pacific Firm of the Year by UK publication Legal Business at an awards ceremony held in London on Thursday, 8th February 2007. It was the first time an Asia based firm has won this highly prestigious and coveted award. The Asia Pacific Firm of the Year award recognises "the outstanding firm in any given country within the region". The profile and complexity of transactions and the cases and matters in which the firm was involved in 2006 are also considered.

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Deacons awarded 2008 Hong Kong Firm of the Year by MIP  

On Wednesday, 9 April 2008, at an awards ceremony at Claridge’s in London, Deacons was awarded the “Hong Kong Firm of the Year” by the international publication, Managing Intellectual Property (MIP).

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Deacons wins third international award for 2007  

March 2007 saw the publication of the fifth edition of The International Who's Who of Business Lawyers and the announcement of the Who's Who Legal Awards. Deacons was awarded the "Hong Kong Firm of the Year" for 2007. This is the third international Firm of the Year award Deacons has won in 2007.