Professional Services/Legal

Former Long Success officials disqualified over profit guarantee breach

This will be in effect for three years, starting 11 March 2021.

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.

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.

Accounting difficulties lie ahead as Hong Kong sinks into recession

The number of fraud and dispute cases grows, leading to a strong demand for advisory services on forensics.

Mainland interim measures bolster arbitration scene

All 11 applications for interim measures in HKIAC have so far come from law firms.

Firms move arbitration hearings to Singapore from Hong Kong amidst protests

Maxwell Chambers has seen a few cases from Hong Kong in recent months.

It's no fun to dummy bid the YWCA

A number of IT solutions providers and ten residential renovation contractors guilty of anti-competitive practices.

Accounting firms brace for IPO boom by hiking wages

Average annual remuneration packages in accounting stands at $817,000.

The changing role of the in-house legal team in Hong Kong

Today, most big businesses in Hong Kong will have some form of in-house legal function. In an environment where regulation and legislation are...

Small firms tap deep pockets for big disputes

Companies that run into a dispute can gain access to funding partners - such as publicly listed firms and high-net-worth individuals in China.

The most significant tax reform in China

The new Individual Income Tax Law, which came into force in China on 1st January 2019 (“New Tax Law”), is a strong response to the strong criticism...