Roundtable Discussion Explores Consumer Credit, Debt and Insolvency

Leading commercial law specialists and scholars from Asia and Europe gathered at City University of Hong Kong for a roundtable discussion on “Consumer Credit, Debt and Insolvency” organised by the School of Law on 2 September 2016.

The Roundtable was chaired by Prof. Geraint Howells (Dean of the School of Law, City University of Hong Kong and Chair Professor, Commercial Law). Invited speakers for this Roundtable were Dr. Sarah Brown (Associate Professor, Leeds Law School, University of Leeds) and Ms. Vivian Tang (Research Assistant, School of Law, City University of Hong Kong) who both presented with Prof. Howells on the topic, “The Degrees of Responsible Lending in Comparative Perspective”; Prof. Toni Williams (Professor of Law and the Head of the Kent Law School, University of Kent) who spoke on a theme entitled, “Reflections on Responsibilization as a Regulatory Instrument: The Case of Credit”; Prof. Alexander Loke (Professor and Assistant Dean, School of Law, City University of Hong Kong) who discussed issues surrounding another hot topic, “Crowdfunding Regulation in Hong Kong: Late Mover Advantage”; and Prof. Iain Ramsay (Professor of Law, Kent Law School, University of Kent) who shared his thoughts on personal insolvency in the paper, “Reflections on Personal Insolvency in the 21st Century”.

The Roundtable attracted students, staff, legal scholars and practitioners who actively and enthusiastically engaged in thought-provoking discussions with the speakers during the question and answer section. The overwhelming feeling among the participants was that the seminar was a compelling addition to the current scholarship on key and contemporary global issues relating to the responsible use of credit and legal and non-legal regulation of markets for consumer financial products.