A common failing is sponsors' failure to consider the extent of the due diligence required, and resorting to a box-ticking approach.
The Securities and Futures Appeals Tribunal is the tribunal responsible for hearing appeals from SFC disciplinary decisions
This article answers some of the most common questions and addresses some of the most common concerns which firms applying
Directors of Hong Kong companies operate in an environment of personal liability – a liability that is brought into sharp focus where companies face financial difficulties or even insolvency.
Though Hong Kong has been a major centre for private equity in the Greater China region for many years, historically, Hong Kong private equity fund sponsors have opted for offshore fund structures, ...
Cameron Adderley is the Managing Partner of the Hong Kong office and Global Practice Group Head of Corporate across the Appleby Group, which he joined in 2001.
Hedge fund managers, private equity sponsors and other asset managers as well as brokers, dealers, wealth managers and other providers of investment services and investment products are often keen...
Directors of Hong Kong companies under cashflow pressure or financial distress should be aware that as their companies approach insolvency...
The Sovereign Group
There are many commentators, and I would be one of those, who say that if there is no other reason whatsoever for placing assets into trust or a foundation other than to avoid probate then it is still a must do item.
We recently acted for the joint provisional liquidators of Rare Earth Magnesium Technology Group ("the Company") appointed by the Supreme Court of Bermuda ...
Consistent with other ESG disclosure standards, the Standard is structured to help investors better understand and compare the ESG-related features offered by an investment product.
The Stock Exchange of Hong Kong Limited (Exchange) has announced that changes to the Rules Governing the Listing of Securities on the Exchange (Rules) arising from the 'Consultation Conclusions on Codification of General Waivers and Principles Relating to IPOs and Listed Issuers and Minor Rule Amendments' (Conclusions) will take effect from 1 October 2020.
Appleby Hong Kong Partner David Bulley and Cayman Islands Senior Associate Dean Bennett recently wrote about the increasing attractiveness of special purpose acquisition companies (SPACs)
Trusts have long been used by high net worth individuals in Hong Kong as an estate planning, tax planning and asset protection tool.
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The SFC's case was that the Directors misapplied funds belonging to the Company and its subsidiaries which resulted in approximately HK$2.55 billion of receivables due to the Company which were irrecoverable.
Alice Lau, Executive Director, Head of Private Wealth Services, at Intertrust in Hong Kong, provides an update from the region as we pass the halfway point of 2020.
For the sixth year in a row, we've sponsored and supported the Hong Kong Institute of Chartered Secretaries' Annual Corporate and Regulatory Update (ACRU),
We have been seeing a marked increase in the number of deals where controlling shareholders of companies listed on The Stock Exchange of Hong Kong Limited (the Exchange)
Given current financial conditions in the equity markets, opportunities for privatisations abound and schemes or arrangement are all the rage again.