Industry Insights

Introduction The Stock Exchange of Hong Kong Limited (the “Exchange”) published the findings of the tenth review of listed issuers’ corporate governance practices (the “2017/2018 Review”) on 16...
September 2019
In the last year or so, a series of first instance English judgments have considered the application of legal advice privilege to communications to or from “in-house” lawyers within a corporate...
September 2019
The emergence of profiling or behavioural tracking, filter bubbles and big nudging in the Internet age not only infringes people’s privacy, but also prejudices their free participation in a civil...
September 2019
“If there is an ambiguity or inconsistency within the Site Information (including the information referred to in it), the Contractor is assumed to have taken into account the physical conditions more...
September 2019
At the time of writing, N v RBS Plc [2019] EWHC 1770 (Comm) is the most recent reported judgment by an English court concerning a bank's contractual right to terminate a customer's bank...
September 2019
The Law Society’s confirmation of the outcome regarding the consultation on proposed amendments to the regime for foreign lawyers in Hong Kong was as welcome (in many quarters) as it was timely. In...
August 2019
The Financial Action Task Force (“FATF”) and Asia-Pacific Group’s mutual evaluation report for Hong Kong is due to be published in September 2019, pending a quality and consistency review. It appears...
August 2019
The Securities and Futures Commission (“SFC”), Hong Kong Exchanges and Clearing Limited (HKEx) and Federation of Share Registrars Limited (FSR) published a Consultation Paper on a Revised Operational...
August 2019
Recent high-profile data security incidents in Hong Kong and overseas have put personal data protection in the spotlight and heightened concerns in the community. Whilst cyberattacks, which could...
August 2019
The Securities and Futures Commission’s “Statement of Disciplinary Action” (the “SFC’s Statement”), attached to its press release dated 10 July 2019 (and publicly available), makes for some...
August 2019
Introduction In Wu Kit Man v Dragonway Group Holdings Limited HCLA 15/2016, the Court of First Instance (“CFI”) held that amendments to an existing employment contract were unenforceable...
August 2019
In March and May 2019 the Securities and Futures Commission (“SFC”) took disciplinary action against five investment banks in relation to shortcomings in the standards of sponsor work on three...
July 2019
At the time of writing, the Financial Action Task Force's mutual evaluation report for Hong Kong is due to be formally "delivered" in a plenary discussion (for publication later this summer),...
July 2019
Hong Kong’s lack of a statutory regime for cross-border insolvency is in stark contrast with Singapore, which adopted the UNCITRAL Model Law on Cross-Border Insolvency in 2017. It is worth...
July 2019
In recent years, the courts have sought to strike a balance between upholding contractual agreements to refer disputes to arbitration and protecting a party’s statutory rights to wind up a company in...
July 2019
In September 2019 the Insurance Authority is due to take over responsibility for the supervision and regulation of licensed insurance intermediaries. Insurance intermediaries fall into two broad...
July 2019
Blockchain is a technology platform that seeks to facilitate trusted transactions securely. Blockchain is rapidly gaining momentum in its development and acceptance. This article approaches the...
July 2019
What is the Background to the Economic Substance Legislation? New economic substance legislation (“ES Legislation”) in each of Bermuda, the British Virgin Islands (BVI) and the Cayman Islands...
July 2019
Data privacy breaches, the most sensational of cyberattacks and the most covered of data ethics issues in the media, amount a tripartite concern that traverses the domains of ethics, information...
July 2019
Following the decision of the High Court of Hong Kong in CL v SCG [2019] HKCFI 398, the victorious claimant (CL) in Hong Kong arbitration proceedings was left unable to enforce the Award in Hong Kong...
June 2019