Legal Updates
Four things for directors to keep in mind when considering appointing liquidators
Handing over control of a company to strangers is a tough decision, but is one that is ever-present for a director facing the prospect of insolvency. Ian De Witt and Troy Greig point to some high-level issues that any sensible director facing this scenario should…Read More
Key Points in the FSTB Consultation Paper to the new licensing regime for VASPs
The Financial Service and Treasury Bureau released a consultation paper on 3 November 2020, proposing amendments to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615, Laws of Hong Kong)(“AMLO”) to introduce a licensing regime for virtual asset services providers (“VASP(s)”). River Stone, Pádraig Walsh…Read More
Legal issues in the booming arts industry – what you need to know
This article was originally published in the Dutch Chamber of Commerce in Hong Kong’s DutchCham magazine. As investors all over the globe are looking to diversify beyond the volatile and uncertain stock and bonds markets, they increasingly turn to alternative investment classes such as wine,…Read More
Data Breach Response: The notification
If a tree falls in the woods, but no-one sees or hears it, did it ever really happen? Tough question. Here’s another one. If a data breach occurs, but the data subject does not know of it, did it ever really happen? Data breach notification…Read More
Relocation amidst a pandemic: COVID-19 and a wish to permanently leave Hong Kong with children
23 January 2021 marks the one year anniversary of the confirmation that COVID-19 has spread to Hong Kong. In a year filled with uncertainties and challenges, following on from a year of protests in Hong Kong, our Family Practice has seen an increase in enquiries,…Read More
Legal update: SFC fines company secretary for insider dealing
According to a recent press release issued by the Securities and Futures Commission (the “SFC”) on 11 January 2021, Mr. Chow Chiu Chi, the company secretary of China Automation Group Limited (“China Automation”), a company listed on the Main Board of The Stock Exchange of…Read More
Data Breach Response: The first 24 hours
A data breach can be a crisis, but if you have a plan for the first 24 hour response, you can avoid making a drama out of a crisis. In this article, Pádraig Walsh from the Privacy and Cybersecurity practice group of Tanner De Witt…Read More
Introduction to Restructuring and Insolvency department
Tanner De Witt Restructuring and Insolvency solicitor Veronica Chan introduces our firm, the practice area, type of clients and matters we advise on. Tanner De Witt is an established Hong Kong law firm, our Restructuring and Insolvency team is highly ranked by many leading industry…Read More
Legal update: Bankrupt’s contact details are not ‘confidential’, ‘private’ or ‘privileged’
A bankrupt’s solicitors can be required to handover to the trustees in bankruptcy the bankrupt contact information, full details of last known whereabouts, and client trust account ledger records, pursuant to section 29 of the Bankruptcy Ordinance. The successful deployment of the trustees examination powers…Read More
Data Breach Response: The importance of training
In a crisis, you don’t rise to the level of your aspiration, you fall to the level of your training. In this article, Pádraig Walsh from the Privacy and Cybersecurity practice group of Tanner De Witt explains why training before a data breach occurs is…Read More
Legal update: Arbitrator’s duty of disclosure
On 27 November 2020, the UK Supreme Court handed down its judgment in Halliburton Company v Chubb Bermuda Insurance Ltd (formerly known as Ace Bermuda Insurance Ltd) [2020] UKSC 48 (see also the summary of the case here). Lord Hodge (with whom Lord Reed, Lady Black and Lord Lloyd-Jones…Read More
Change is not coming: Further possible improvements to privacy protection in Hong Kong
Almost a year ago, the Constitutional and Mainland Affairs Bureau, in collaboration with the Privacy Commissioner of Hong Kong, provided its report on recommended changes to personal data privacy law in Hong Kong. There were six key proposals, but also some omissions. In the final…Read More