Monthly Private Wealth Legal Developments – APAC

Welcome to Herbert Smith Freehills’ new monthly private wealth industry updates in Asia. Every month we survey a number of Asian jurisdictions for legal developments concerning trust and estate planning which are of interest to the private wealth industry, and provide a succinct summary in a table format.  The jurisdictions covered in the updates are … Read more

The Proposed Automatic Exchange of Financial Information by the Hong Kong Inland Revenue Department with other Governments

The Hong Kong Government proposes to introduce draft legislation early this year in respect of a new information collecting regime from banks, custodians, insurance companies, brokers and investment entities.  The regime involves the collection of certain financial information of overseas tax resident account holders from such entities by the Inland Revenue Department ("IRD") and the … Read more