Professional Services/Legal
Hong Kong rubber stamps first standard patent by original grant
The country’s new grant system now allows a direct route for patent protection.
Hong Kong rubber stamps first standard patent by original grant
The country’s new grant system now allows a direct route for patent protection.
Inland Revenue amendments bill passed
It will take effect on 11 June after it is gazetted.
Hong Kong ranks third most preferred seat for cross-border disputes
This is a place higher compared to the previous global survey in 2018.
Hong Kong Customs cracks down on syndicate accused of $2.5b money laundering
Six persons were arrested in the operation named “Shadow Hunter II”.
Optimas Capital Limited fined $1.05m over errors in short position reports
The errors occurred because of a programming mistake, the company says.
Solicitor in alleged CASH Financial Services insider dealing acquitted
The acquittal comes as the witnesses’ evidence were found to be conflicting.
Former Asia Telemedia executives banned for insider dealing
The two leaders will be prohibited from dealing in securities in Hong Kong for three years.
GEO Securities Limited fined $6.3m for selling unlisted bonds
The company also failed to disclose its commission for the bond sales.
Former Long Success officials disqualified over profit guarantee breach
This will be in effect for three years, starting 11 March 2021.
Yardley Securities Limited fined $5m for suspicious fund transfers
The company was found guilty of breaching anti-money laundering regulations.
Magic Holdings penalised for late disclosure of inside information
The company and five of its directors were fined a total of $4m.
Maples Group names new regional managing partner
This is amidst a regionally focused leadership for Hong Kong and Singapore offices.
Linklaters appoints HK-based partner as new global practice head
Hwang Hwa Sim will succeed Michael Voisin.
Auditing services hoist accounting firms as mergers tail off
Compliance work remains their strongest suit, but the way they do it drastically changed.
New ordinance opens more doors for investors
This aims to attract private equity and venture capital funds to set up and operate in Hong Kong.
Government facilitates travel scheme for arbitral parties in Hong Kong
It gives more freedom for non-Hong Kong residents to enter the market.
Unrest bolsters demand for corporate rescue services
Despite headwinds, demand for regulatory practice and advisory on cross-border issues may still grow.
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