+852 2573 5000
Latest News
Due Diligence Tips
Why should you prepare for Due Diligence? It is important to have all the materials concerning due diligence prepared and organised prior to approaching an investor. This will allow you to keep the focus on the actual funding process and transaction documents, rather than responding defensively…Read More
Legal update: SFC Consultation on clarification to offering document exemptions
In this snapshot legal update, we report that on 10 June 2022, the SFC launched a public consultation exercise that includes a proposed clarification to an exemption from SFC authorisation for offering documents for securities. The Securities and Futures Ordinance prohibits the issue of advertisements…Read More
Legal update: Legislative proposal to amend the Electronic Transactions Ordinance
In this snapshot legal update, we report that on 13 June 2022, in a panel on information technology and broadcasting, members of the Legislative Council were briefed on the legislative proposal to amend the Electronic Transactions Ordinance (“ETO”). The proposals will support further implementation of…Read More
Tara Chan to join Women in Law Hong Kong (WILHK)
We are delighted to announce that Tara Chan will be joining Women in Law Hong Kong (WILHK) as a committee member. Tara is joining the committee in to advocate empowering, celebrating and inspiring women in the legal profession. About Women in Law Hong Kong (WILHK)Founded…Read More
Term Sheets for Investment
1. What is a Term Sheet? A Term Sheet is a summary of the business, finance and legal terms that will apply to an investment round. Usually it is a not a legally binding document, except for a few provisions such as confidentiality, costs or…Read More
Legal update: Review and public consultation on cybersecurity law in 2022
In this snapshot legal update, we report that on 25 May 2022, in a written reply by Mr. Alfred Sit, the Secretary for Innovation and Technology, to Legislative Council questions on cybersecurity standards in Hong Kong, Mr. Sit confirmed that the Hong Kong Government is…Read More
You Only Liquidate Twice
Can a winding-up petition be presented when a company is being wounded up voluntarily? The relevant law (the Companies Winding Up and Miscellaneous Provisions Ordinance) states clearly that the winding up of a company shall not bar the right of any creditor (or contributory) to…Read More
The new licensing regime for Virtual Asset Service Providers: The Amendment Bill
The long-awaited Virtual Asset Service Providers (“VASP”) licence regime is coming closer with the Hong Kong government gazetting the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 on 24 June 2022 (“Bill”). We reported on the key points of the consultation and the conclusion (collectively,…Read More
Tanner De Witt seeks a Messenger / Office Assistant
THIS POSITION HAS BEEN FILLED. WE ARE NO LONGER ACCEPTING APPLICATIONS. Messenger / Office Assistant Job responsibilities: Responsible for external and internal document delivery Assist in general office chores, including various cleaning and storage related tasks Requirements: Form 3 or above graduate 2 years’ or…Read More
Tanner De Witt’s family lawyers attend HKFLA talk on reciprocal enforcement of judgements between Hong Kong and the Mainland
On 15 June 2022, members of Tanner De Witt’s Family Law Department attended a talk on “Reciprocal Recognition and Enforcement of Mainland and Hong Kong Judgments in Matrimonial and Family Cases” organised by the Hong Kong Family Law Association (“HKFLA”). The talk was presented by…Read More
Legal update: Review and public consultation on crowdfunding in 2022
In this snapshot legal update, we report that on 25 May 2022, in a written reply by Mr. Christopher Hui, the Secretary for Financial Services and the Treasury, to Legislative Council questions on crowdfunding, Mr. Hui confirmed that the Hong Kong Government is reviewing the…Read More
Legal update: Amendments to Employment Ordinance relating to sickness leave and vaccination requests take effect today
The Hong Kong Legislative Council had passed the Employment (Amendment) Bill 2022 on 15 June 2022. The above Bill is gazetted today and becomes the Employment (Amendment) Ordinance 2022 (the “EAO”)which takes effect immediately. The EAO does not have a retrospective effect. In short, the…Read More
