The International Maritime Organisation Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships was adopted in 2009.

Marital homes are often purchased in the joint names of husbands and wives. It is also common that the husband would get a bank loan and mortgage the marital home as security.

The Banking Policy Department of the HKMA published a circular 1 on 18 March 2019 in light of a newsletter by the BCBS on 13 March 2019, stating the BCBS' prudential expectations regarding banks' exposures to...

It is a truth universally acknowledged that banks in Asian emerging markets are in need of capital

A recently reported case in Hong Kong has highlighted some of the problems arising when a contract is repudiated.

Further to our Legal Update entitled "The New RMB Equity Trading Support Facility" published on 12 May 2011, Hong Kong Exchanges and Clearing Limited (HKEx) issued updated Frequently Asked Questions (FAQ) on 30 May 2011 to reveal more details on the new facility.

Hong Kong Exchanges and Clearing Limited (HKEx) published its "Consultation Conclusions on Introduction of a T+2 Finality Arrangement for CCASS Money Settlement" on 7 July 2011 (Consultation Conclusions) in response to the corresponding consultation paper published on 27 November 2009 pursuant to which a new T+2 Finality arrangement for money settlement in the Central Clearing and Settlement System (CCASS) established and operated by Hong Kong Securities Clearing Company Limited (HKSCC) was intr

Islamic banking is often thought to be financing the needs of the Muslim community only.

In the Hong Kong Court of Appeal case of Wing Hang Bank Ltd v Kwok Lai Sim & Others, the security document signed by the surety/security provider in a "non-commercial" transaction was set aside, the bank’s claim against the security provider was dismissed and judgment was entered against the solicitors acting for both the bank and the surety/security provider for breach of duty of care as solicitors.

The casualties of the sub-prime crisis have thus far been confined to financial institutions and investor confidence is at an all time low despite unprecedented measures by central banks around the world injecting hefty funds to shore up financial institutions and large corporations except for Lehman Brothers.

In recent years, the Hong Kong Securities and Futures Commission (SFC) has increasingly focused on private equity funds' obligation to be licensed under the Securities and Futures Ordinance (SFO).

In order to obtain finance from banks or lenders, Hong Kong companies will often create a charge over their assets by way of a fixed or a floating charge. In Hong Kong, like in most common law jurisdictions, a charge is a fixed charge if it is a charge over a specific or definite property (e.g. real property or machinery) and the company is restricted as to how it deals with those assets.

The main parts of the Companies (Amendment) Ordinance 2003 will come into effect on 13 February 2004 followed by certain important amendments to the Listing Rules of the Stock Exchange of Hong Kong Limited (the "Listing Rules") on 31 March 2003.

A major legal impediment to Chinese private equity investments appears to have been repealed, although it is not yet clear whether the new regulatory regime will in fact make it easier to actually implement such investments.

On 1 December 2004, the <I>Notice of the China Banking Regulatory Commission on Matters Regarding Further Opening of the Banking Sector</I> was published by the China Banking Regulatory Commission ("CBRC").

In December 2021, the Hong Kong Monetary Authority (HKMA) issued the results of its pilot climate risk stress test (CRST).

As noted in our earlier post, Hong Kong published its long-awaited Code of Practice for Third Party Funding of Arbitration on 7 December 2018.

The relevation of the sale of customers’ personal data by Octopus Holding Ltd, the leading electronic payment company in Hong Kong, to third party business partners for direct marketing purposes has sparked widespread public concerns over major privacy breaches by personal data collectors here.

The spectacular collapse of the Guangdong International Trust and Investment Corporation ("GITIC") in 1999 leaving over US$2 billion of irrevocable loans highlighted some of the deep-rooted problems of corporate governance in the PRC and the need for urgent reforms.

On 12 February 2010 the Vietnamese Government issued Decree 10/2010/ND-CP on credit information operations ("Decree 10").