Hong Kong

PRC signs the Hague Convention on Choice of Court Agreements: a step forward in the resolution of cross-border litigation

On 12 September 2017, the People’s Republic of China (PRC) signed the Hague Convention on Choice of Court Agreements (Convention).  The Convention, in force since 1 October 2015, seeks to provide certainty in cross-border litigation by allowing parties to choose … Continue reading

Leave a Comment

Filed under Announcements, China, Hong Kong, Jurisdiction

Hong Kong: immigration win for same-sex couple

In a landmark ruling, the Court of Appeal held that the Immigration Department’s visa policy, insofar as it denies same-sex couples eligibility for consideration for a dependant visa, breaches the right to equality enshrined in article 25 of the Basic … Continue reading

Leave a Comment

Filed under Employment, Hong Kong

Spotlight on investor protection: The Hong Kong Financial Dispute Resolution Centre implements a more moderate package of reforms

The Financial Dispute Resolution Centre (FDRC) in Hong Kong has issued its conclusions to its consultation on proposals to significantly expand the jurisdiction of the Financial Dispute Resolution Scheme (FDRS), its alternative dispute resolution scheme for conflicts between financial institutions … Continue reading

Leave a Comment

Filed under Financial Services Regulation, Hong Kong

The Apology Ordinance has been gazetted today in Hong Kong

The Apology Ordinance has been gazetted today and will come into force on 1 December 2017.  The law was passed on 13 July and is intended to facilitate the resolution of civil disputes in the territory. Hong Kong is the … Continue reading

Leave a Comment

Filed under Announcements, Hong Kong

Hong Kong Court of Appeal finds against bank on the basis that the bank’s exclusion of liability clauses were unconscionable and unreasonable

The Hong Kong Court of Appeal (CA) has recently affirmed a decision of the Court of First Instance (CFI), in which a ruling was made in favour of the plaintiff investors in a mis-selling claim against a bank, albeit on … Continue reading

Leave a Comment

Filed under Contract, Financial Services Regulation, Hong Kong

Foreign companies in Hong Kong: You can’t have your cake and eat it too

Summary In the recent decision of Shandong Chenming Paper Holdings v Arjowiggins HKK 2 Ltd, the High Court of Hong Kong has provided further guidance on the winding up of foreign companies in Hong Kong. Background Shandong Chenming Paper Holding … Continue reading

Leave a Comment

Filed under Hong Kong, Insolvency

Apology legislation passed in Hong Kong – what does it mean for you?

On 13 July, Hong Kong’s Legislative Council passed a law (the Apology Law) intended to facilitate the resolution of civil disputes in the territory. The Apology Law, which is expected to be gazetted and come into force shortly, reforms the … Continue reading

Leave a Comment

Filed under ADR, Announcements, Hong Kong

Former Chief Secretary and property tycoon lose appeal in Hong Kong’s highest profile corruption case

The convictions of former Chief Secretary of Hong Kong, Rafael Hui, former Sun Hung Kai chairman, Thomas Kwok, and two others have been upheld by Hong Kong's Court of Final Appeal. The appellants have resumed serving their sentences for conspiracy … Continue reading

Leave a Comment

Filed under Hong Kong

Hong Kong allows third party funding for arbitration and mediation

Hong Kong's Legislative Council has passed a law allowing third parties to fund arbitrations seated in the territory, as well as work done in Hong Kong for arbitrations seated elsewhere, and for mediations. This development has been long anticipated, and will … Continue reading

Leave a Comment

Filed under ADR, Arbitration, Funding, Hong Kong

SFC and HKMA continue to prioritise AML/CFT compliance with six new disciplinary actions

Since early March 2017, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have collectively taken disciplinary actions against five regulated entities and an individual relating to breaches of anti-money laundering (AML) and counter financing of … Continue reading

Leave a Comment

Filed under Enforcement, Financial Services Regulation, Hong Kong