Industry Insights

The recent judgment in Competition Commission v Nutanix & Ors, CTEA 1/2017, 3 October 2017, refers to a legislative trend to replace the privilege against self-incrimination with a so-called...
November 2017
The Chief Executive's first Policy Address that was held on 11 October 2017 provided new information about two tax initiatives: (1) a two-tier profits tax system for enterprises, and (2) a super...
November 2017
For Hong Kong lawyers who counsel clients in the digital currency space, a pair of enforcement actions within the past month by two of the major US agencies – the Securities and Exchange Commission...
November 2017
In HKSAR v Tam Ho Nam, FACC 3/2017, it was not in dispute that the appellant (then aged 18) killed his girlfriend who was found to have sustained 64 wounds. The appellant claimed that at the time of...
November 2017
On 5 September 2017, the National People's Congress ("NPC") Standing Committee released the Anti-unfair Competition Law of the People's Republic of China (Second Draft for Deliberation) for public...
November 2017
On 25 August 2017, the Supreme People's Court ("SPC") issued the Provisions on Various Issues on the Application of the Company Law of the People's Republic of China (IV), which took effect 1...
November 2017
HKSAR v Choi Wai Lun, HCMA 620/2016 involved an under-aged girl ("PW1") offering sex services with a fee schedule through an adult website. PW1 falsely represented that she was aged 17. The...
November 2017
The background to the Government's rather clumsy proposals to extend the statutory customer due diligence and record-keeping requirements of the Anti-Money Laundering and Counter-Terrorist...
November 2017
What Happened? In August 2017, the Financial Dispute Resolution Centre ("FDRC") published the Conclusions to its October 2016 Consultation on "Proposals to Enhance the Financial Dispute...
November 2017
In early September, China’s central bank declared that initial coin offerings (“ICOs”) are illegal, sending shockwaves throughout the virtual currency industry. The People’s Bank of China (“PBOC”),...
October 2017
One aspect of reciprocity is to treat others as you would hope they would treat you. Sometimes known as the “Golden Rule”, the principle of reciprocity has been quoted in (for example) some ancient...
October 2017
On 13 July 2017, the Supreme People’s Court (“SPC”), Ministry of Justice (“MOJ”) and China Banking Regulatory Commission (“CBRC”) jointly issued the Notice on Fully Utilising the Enforceability of...
October 2017
Rather than appealing a judgment of the High Court of Hong Kong, a party can apply to have it set aside pursuant to the Rules of the High Court O. 35, r.2 (“Judgment, etc., given in absence...
October 2017
The Hong Kong Solicitors’ Guide to Professional Conduct, Chapter 8.03, Commentary 6: “Where it is obvious to a solicitor that documents have been mistakenly disclosed to him on discovery or...
October 2017
In Wu Kit Man v Dragonway Group Holdings Limited, HCLA15/2016, the Court of First Instance (“Court”) held that an addendum amending an employee’s contract of employment by requiring the employer...
October 2017
In Securities and Futures Commission v Yiu Hoi Ying Charles and Wong Nan Marian (CACV154/2016) (the “CA Decision”), the Court of Appeal (“CA”) recently upheld that dealing in securities...
October 2017
Founded in 1985, the Hong Kong International Arbitration Centre (“HKIAC”) was established by businesspeople and professionals in an effort to meet the growing need for dispute resolution services in...
October 2017
On 4 August 2017, the Payment and Settlement Department of the People’s Bank of China (“PBOC”) issued the Notice on Migrating the Online Payment Business of Non-bank Payment Institutions from Direct...
October 2017
In HKSAR v Nguyen Anh Nga, FACC 17 of 2016 (on appeal from CACC 424 of 2012), the Court of Final Appeal addressed directions that must be given by a Judge in relation to inferences, holding that...
September 2017
On 13 July 2017, the Ministry for Industry and Information Technology (“MIIT”) issued the Measures on the Administration of Telecommunications Business Operating Licences, which took effect 1...
September 2017