Tag Archives: Fraud

Hong Kong’s top court clarifies mental element in money laundering offence

In the recent case of HKSAR v Pang Hung Fai (FACC 8/2013), the Court of Final Appeal (the CFA) offered, for the first time, authoritative guidance on the mental element of “having reasonable grounds to believe” under section 25(1) of … Continue reading

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Filed under Investigation and compliance

English Court of Appeal confirms account of profits available as remedy for dishonest assistance

Some, if not quite born trustees, are appointed as such at the outset of a trust. Some achieve trusteeship at some later stage. And some have some aspects of trusteeship thrust upon them. Within this third category are strangers to … Continue reading

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Filed under Private wealth and trusts

Hong Kong Court of Final Appeal clarifies whether fraudulent knowledge of directors can be attributed to a company

In the recent case of Moulin Global Eyecare Trading Limited (in liquidation) v The Commissioner of Inland Revenue FACV 5/2013, the Hong Kong Court of Final Appeal provided welcome clarification on whether the fraudulent knowledge of directors can be attributed … Continue reading

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Filed under Hong Kong