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News & Analysis

Cross-boundary Wealth Management Connect - the official launch

30 September 2021 by LC Lawyers

The Cross-boundary Wealth Management Connect (“WMC”) in the Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”) of mainland China was officially launched on 10 September 2021.

News & Analysis

Court Ruling as to the Issue of Internal Control in the Korean Financial Sector

24 September 2021 by Soonghee Lee, Jeongsu Park

In Korea, investors and selling financial companies are in a difficult situation due to the postponement of redemptions of private equity funds from the second half of 2019.

News & Analysis

Where to bring a claim in a dispute between employer and employee in Hong Kong – the Labour Tribunal or the Court?

20 September 2021 by LC Lawyers

The Hong Kong Labour Tribunal offers a comparatively quick, informal and inexpensive way of settling monetary disputes between employees and employers as compared to the Courts of Hong Kong. This makes it an attractive venue, particularly to employees with limited resources.

News & Analysis

A salutary lesson for partners: you are liable for your firm’s anti-competitive practices even if you were not involved in them

13 September 2021 by LC Lawyers

In our earlier publication “A sign of things to come: Hong Kong competition enforcement developments and trends”, we reported on the Competition Tribunal (the “Tribunal”)’s imposition of pecuniary penalties totaling HK$3.97 million on 10 contractors who breached the first conduct rule by participating in a market-sharing and price-fixing arrangement in relation to decoration work in a public housing estate.

News & Analysis

An employee or an independent contractor?

27 August 2021 by LC Lawyers

The COVID-19 pandemic present challenges on important people issues and has drastically changed many workplace aspects. Businesses have responded by restructuring its workforce to save costs and remain agile.

News & Analysis

Electronic communication service providers to note imminent change in Hong Kong’s data protection regime

18 August 2021 by LC Lawyers

On 16 July 2021, the Hong Kong SAR Government introduced the Personal Data (Privacy) (Amendment) Bill 2021 (the “Amendment Bill”) to the Legislative Council for the purposes of criminalizing doxxing.

News & Analysis

The Future Community Projects in Zhejiang, China – Better City, Better Life

10 August 2021 by Fangrong WU, Partner; Zhong Lun Law Firm

Focusing on improving people’s daily life experience makes “future communities” humanistic. For example, it will innovate the community fitness program, which has scientific configuration of sports facilities such as smart running trails, shared fitness cabins and virtual fitness equipment.

News & Analysis

Hong Kong’s pivotal role as the Greater Bay Area’s dispute resolution center

20 July 2021 by LC Lawyers

Hong Kong has a pivotal role in the Greater Bay Area (“GBA”). Comprising the nine Mainland China cities of Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen, Zhaoqing and the Special Administrative Regions (“SARs”) of Hong Kong and Macao, the GBA spans an area of 56,000 km2 with a combined population of over 72 million[1] and ranks as the world’s 12th largest economy[2].

News & Analysis

Setting up a family trust in Hong Kong

09 July 2021 by LC Lawyers

The trust assets could be protected from seizure by creditors if the settlor subsequently becomes bankrupt.

News & Analysis

How can General Counsel turn barriers into building blocks?

09 July 2021 by LC Lawyers

It is anticipated that the business landscape is ready for growth as we move out of the first quarter of 2021. In addition to the anticipated opportunity, many businesses are considering how to address long-term challenges and achieve sustainability.