Articles

Chloe Lau

Sep 26

Legal Update: Deposit Protection Scheme (Amendment) Bill 2024 – improvements to enhance Hong Kong’s banking attractiveness

Deposits in HK banks are guaranteed under the Deposit Protection Scheme. This article covers a recent amendment to the scheme.

Stefan Schmierer

Aug 29

Corporate & Commercial

The European Union’s CSDDD (Corporate Sustainability Due Diligence Directive) - much the same as the German LKSG but with nuances

The EU has published details on its supply chain law called the CSDDD. Member states have 2 years to implement it into national law.

Anna Lau

Apr 30

Corporate & Commercial

Hong Kong’s Golden Visa Scheme Revamped and Relaunched

Since 1 March '24 the New CIES (Capital Investment Entrant Scheme) is up and running, with several updates since its previous iteration.

Michael Poon

Apr 30

Corporate & Commercial

Death knell for security for costs orders against Mainland plaintiffs?

The impact of the REO on the requirements for security for costs concerning cross-border disputes in HK and in the PRC, remains to be seen

Stefan Schmierer

Feb 29

Corporate & Commercial

Investments in offshore destinations looking less sunny in light of Hong Kong's increased incorporation attraction

The Hong Kong government is expected to introduce a new redomiciliation regime for foreign companies in Hong Kong in early 2024.

Erica So

Jan 23

Corporate & Commercial

A Change for the Better? New Enforcement Mechanism in Hong Kong and Mainland China

The new ordinance for reciprocal recognition of judgements between HK and the Mainland will help cross-border parties do business

Stefan Schmierer

Jan 23

Corporate & Commercial

The CSRD (Corporate Sustainability Reporting Directive): A Paradigm Shift in Sustainability Reporting

The European Union’s Corporate Sustainability Reporting Directive (CSRD) marks a profound transformation in ESG regulation compliance

Yini Wu

Nov 28, 2023

Corporate & Commercial

Adoption of UBI by Hong Kong's Company Registry

The Hong Kong Company Registry (the "Registry") continues its implementation of a Unique Business Identifier (the "UBI") for all entities...

Stefan Schmierer

Nov 27, 2023

The Firm Overall

Visa-Free Travel to Mainland China for 5 EU Nationalities & Malaysia: What You Need to Know

Good news for frequent travelers to China, and for those who have always wanted to visit but were deterred by the visa application...

Stefan Schmierer

Aug 29, 2023

Corporate & Commercial

Reporting Obligation LkSG simplified but still complex: update

The German "Act on Corporate Due Diligence to Prevent Human Rights Violations in Supply Chains" (LkSG) took effect in 2023, requiring...

Ravenscroft & Schmierer

May 24, 2023

Corporate & Commercial

Enhanced Minimum Wage Takes Effect in Hong Kong from May 1, 2023

Hong Kong has taken a significant step in addressing the economic well-being of its workers by raising the minimum wage from $37.5 to...

Stefan Schmierer

Feb 23, 2023

Corporate & Commercial

Virtual Meeting Technology Law to support fully virtual or hybrid meetings

Author: Stefan Schmierer, Managing Partner Co-Author: Sabrina Lai , Summer Intern Introduction The Companies Ordinance (Chapter 622 of...

Stefan Schmierer

Feb 22, 2023

Corporate & Commercial

HK Budget 2023/2024 - Cash Voucher Programme Scaled Back

The 2023-24 budget was released today, 22 February 2023, by Hong Kong's financial secretary, with the following key highlights: Economic...

Janine Sauerborn

Jan 26, 2023

Corporate & Commercial

The New Commercial Law in Hong Kong: the CISG

As of 1st December 2022 an important legal change is set to take place for international businesses doing business in or with Hong Kong:...

Janine Sauerborn

Nov 24, 2022

Corporate & Commercial

Hong Kong Simplifies Enforcement of Civil and Commercial Court Judgments from Mainland China

The "Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Bill" clarifies that "one country, two systems" is not...

Chloe Lau

Aug 4, 2022

Corporate & Commercial

Part 2: Enhancing corporate governance of a foreign subsidiary – a case study

Read part one of the case study here. Causes of issues The incident illustrated is only one the many similar cases in existence, which...

Chloe Lau

Jul 28, 2022

Corporate & Commercial

Part 1: Enhancing corporate governance of a foreign subsidiary – a case study

Multinational conglomerates often seek to invest simultaneously in the domestic market where it is headquartered, as well as abroad in...

Anna Lau

Jul 28, 2022

Corporate & Commercial

Open-end Fund and Open-ended Fund Company

What is an OEF Open-end fund ("OEF") is a type of mutual fund that invests in a pool of assets, including stocks, bonds, and money market...

Anna Lau

Jul 28, 2022

Corporate & Commercial

开放式基金和开放式基金型公司

什么是开放式基金开放式基金是一种共同基金，即参与投资一个资产池，包括股票、债券和货币市场工具。因为开放式基金没有限制可发行股份的数量，所以它是一个相对灵活的计划，允许投资者随时购入或赎回股份。开放式基金的价格由其资产净值决定，而该数值则由每天购入和赎回的股份数量得出。与封...

Anna Lau

Jul 13, 2022

Corporate & Commercial

Limited Partnership Funds in Hong Kong

What is an LPF? A Limited Partnership Fund ("LPF") is a type of fund that has the structure of a limited partnership and manages assets...