Professional Services/Legal
GEO Securities Limited fined $6.3m for selling unlisted bonds
GEO Securities Limited fined $6.3m for selling unlisted bonds
The company also failed to disclose its commission for the bond sales.
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.
Linklaters appoints HK-based partner as new global practice head
Hwang Hwa Sim will succeed Michael Voisin.
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.
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