APAC Monthly Private Wealth Legal Developments – October 2023

Hong Kong HKMA issues circular to AIs on customer disclosure in relation to premium financing activities for insurance policies The HKMA has issued a circular to authorised institutions (AIs) to remind AIs and their subsidiaries, as premium financing facility providers, of the importance of proper disclosure in relation to interest rates when providing premium financing facilities to … Read more

APAC Monthly Private Wealth Legal Developments – September 2023

Welcome to Herbert Smith Freehills’ monthly private wealth industry updates in Asia. Every month we survey ten 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 update are Hong Kong, Singapore, … Read more

APAC Monthly Private Wealth Legal Developments – August 2023

Welcome to Herbert Smith Freehills’ monthly private wealth industry updates in Asia. Every month we survey ten 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 update are Hong Kong, Singapore, … Read more

APAC Monthly Private Wealth Legal Developments – July 2023

Welcome to Herbert Smith Freehills’ monthly private wealth industry updates in Asia. Every month we survey ten 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 update are Hong Kong, Singapore, … Read more

Part 2 – Charities? Hardest game in the world that is

In our previous article, we looked at the increasingly crowded and competitive world that charities operate in.  This time, we think about one aspect in particular of charities which might help them – interaction with the private sector. In its fairly lengthy recent report, the Law Family Commission on Civil Society set out various ways … Read more

Charities? Hardest game in the world that is

I’ve been wondering over the last little while whether the charitable sector might be one of the most competitive in the country. How many charities are there?  Well, we start with the Charity Commission figures ie the number of registered charities.  That’s about 170,000 – and it grows every year.  However, on top of that … Read more

APAC Monthly Private Wealth Legal Developments – June 2023

Welcome to Herbert Smith Freehills’ monthly private wealth industry updates in Asia. Every month we survey ten 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 update are Hong Kong, Singapore, … Read more

A numbers game – What does football teach us about disputes?

Fans eager to make a point can tell us a lot about selective use of data in long-running disagreements You never have to look far in life before you find a dispute. Most recently I stumbled upon a classic dispute in the comment section of an online sports article. It was a common tussle trying to … Read more