Banking & Finance

Mike Allan, Registered Foreign Lawyer, Smyth & Co in association with RPC Thus far, there has not been a tsunami of “mis-selling” claims that have gone to trial in Hong Kong since the...
June 2015
Robert Rhoda of Smyth...
May 2015
Niall Coburn, Compliance Complete Jurisdictions are adjusting regulatory regimes to accommodate crowdfunding because it is perceived as a positive avenue for startups and small to medium enterprises...
February 2015
Anne-Marie Godfrey, Partner, Gregory D. Puff & Co. (in association with Akin Gump Strauss Hauer & Feld LLP) Summary The Securities and Futures Commission (“SFC”) issued a consultation...
December 2014
Warren Ganesh, Senior Consultant, Smyth & Co in association with RPC The Securities and Futures Commission (the “SFC”) Consultation Conclusions (September 2014) on the professional...
November 2014
Written by Jonathan Cary, Partner, Smyth & Co in association with RPC “Dark pools” (alternative share trading platforms or “liquidity pools”) have been much in the news of...
August 2014
Written by Reuters Hong Kong moved one step closer to implementing the G20 post-crisis reform agenda in mid-July with the publication of a long-awaited consultation on the treatment of derivatives...
August 2014
Where no undue influence, no constructive notice of impropriety on bank In 1997, the plaintiff bank (“P”) approved further facilities to the borrower, secured by a legal charge (the “Charge”) over...
March 2014
This is not a euphemism for a party's reluctant approach to discovery. Rather, it is an observation by the Singapore Court of Appeal in its judgment in Deutsche Bank AG v Chang Tse Wen [2013] SGCA 49...
February 2014
So might be said when on 12 December 2013 the High Court made restoration orders in the sum of HK$23.9 million against a defendant previously convicted of insider dealing in September 2009. The...
February 2014
Investor claims arising from the last financial crisis are slowly working their way through the courts. Hong Kong recently saw four first-instance decisions (Kwok v HSBC [2012] HKCFI 964, DBS v San...
February 2014
A follow-up to an earlier article in this journal – which might have prompted an amendment to the Listing Rules - the authors here uncover more on what listing entities need to know about the new...
January 2014
Great City Enterprises Ltd v UBS AG [2013] HKEC 1898 demonstrates the difficulties associated with suing banks in Hong Kong. In short, the plaintiff (a BVI investment vehicle for two wealthy...
December 2013
Since the beginning of the last quarter of 2010, more than 50 China-based, US-listed companies have announced an intention to go-private. The authors peer into the reasons for this and tell us why...
December 2013
After months of delay, amendments to the Inland Revenue and Stamp Duty Ordinances were passed on 19 July 2013 to provide much-needed groundwork for Islamic finance - in particular sukuk issuance - to...
December 2013
US President Barack Obama named Timothy Massad, a lawyer who earned his spurs at the country’s bank bailout program, as the next head of the US swaps regulator, according to a White House official...
December 2013
China is revising the country's securities law and writing a futures law, the legislature said last week, as the government moves to implement ambitious financial reform goals approved by top leaders...
December 2013
As the year comes to a close, three leading lawyers tell us how 2013 has turned out for their respective sectors, what to expect for 2014, and their wishes for the new year. These individuals are, in...
December 2013
HSBC said recently that it had completed a two-way cross-border yuan lending transaction for a Taiwanese company under a pilot program China introduced in August, becoming the first foreign bank to...
September 2013
The Hong Kong Legislative Council passed the Trust Law (Amendment) Bill on 17 July 2013, bringing to a conclusion a long period of consultation and debate as to just how Hong Kong’s antiquated Trust...
September 2013