News and Publications
Sanctioned Firm Report
In August 2022, the UK government, under the National Security and Investment Act 2021 (NSIA), blocked two deals involving Chinese companies:
1. Beijing Infinite Vision Technology Company Ltd. was prevented from licensing visionsensing technology from the University of Manchester due to concerns over potential military applications.
2. Super Orange HK Holding Ltd, a Hong Kong-incorporated entity, was blocked from acquiring Pulsic Ltd., a UK electronic design automation company, over similar national security concerns. Super Orange HK is reported to be controlled by a Shanghai based entity which has Chinese state backing and develops chip design software.
These actions reflect the UK’s cautious stance on foreign acquisitions involving sensitive technologies.
F2F_EU_Warehouse_Compliance_CN.EN.
Introduction In recent years, cross-border e-commerce companies have significantly expanded their fulfilment capacity across Europe. Many operators have developed or acquired large-scale logistics hubs, some exceeding 30,000–50,000 m², to accelerate last-mile delivery, reduce reliance on intermediaries, and enhance visibility over customs clearance and regulatory compliance. Locations such as Belgium, Poland, and France are emerging as preferred distribution corridors due to their infrastructure advantages and access to major consumer markets. As these fulfilment networks become more complex and integral to business operations, companies face increasingly demanding contractual and compliance challenges that require coordinated solutions.
Hong Kong’s Stablecoin Ordinance: Licensing, Reserves, and Market Effects
Overview: Hong Kong’s Stablecoins Ordinance establishes a rigorous licensing framework for fiatreferenced stablecoins (FRS), defined as blockchain-based payment tokens pegged to official currencies or HKMA-approved assets. The regulation creates a two-tier system where only licensed issuers can offer stablecoins to retail investors, while restricting unlicensed offerings to professional traders. This represents one of the world’s most comprehensive attempts to bring stability and consumer protection to the volatile crypto sector.
Hong Kong’s Stablecoin Ordinance: Licensing, Reserves, and Market Effects
Overview: Hong Kong’s Stablecoins Ordinance establishes a rigorous licensing framework for fiatreferenced stablecoins (FRS), defined as blockchain-based payment tokens pegged to official currencies or HKMA-approved assets. The regulation creates a two-tier system where only licensed issuers can offer stablecoins to retail investors, while restricting unlicensed offerings to professional traders. This represents one of the world’s most comprehensive attempts to bring stability and consumer protection to the volatile crypto sector.
Project and Transitions
F2F Secures Strategic Advisory Role in Cross-Border Appeal for American Client Operating in China — Project Awarded on February 10, 2025
On February 10, 2025, F2F was appointed to provide strategic advisory and coordination support for an American company’s appellate proceedings in China. Working closely with Chinese and U.S. law firms and the client’s internal team, F2F is ready to deliver independent legal assessments and guidance, ensuring seamless management of the cross-border appeal. F2F also stands ready to deploy additional resources within China to support the client’s ongoing litigation needs.
F2F Secures Key Advisory and Coordination Role in High-Stakes Fund Recovery Case in Croatia— Project Awarded on April 15, 2025
On April 15, 2025, F2F was appointed to provide strategic advisory and coordination support for a Chinese client facing significant financial losses due to misconduct by a former director and shareholder. Leveraging international resources, F2F referred an investigative team in Croatia and established a dedicated working group to address the issues. F2F was instructed by the client to facilitate communication between parties and offer expert legal guidance to accelerate fund recovery and support ongoing criminal proceedings.
