Hong Kong

Baker McKenzie releases Global Corporate Liability Handbook

Building on the success of 2016’s “EMEA Corporate Liability Handbook,” we are pleased to present you with the first global edition that collates and describes in detail the corporate liability and corporate crime regimes of countries in Asia, EMEA and the Americas.

Hong Kong’s new apology law and its implications for financial institutions

Under the new Apology Ordinance, the evidence of an apology is not admissible in any judicial, arbitral, administrative, disciplinary and regulatory proceedings for determining fault or liability.

Hong Kong Government Announces Extra Litigation Funding for Competition Commission

The Hong Kong Government has announced that it will provide extra dedicated funding of HKD 200 million (approximately US 25 million) to the Hong Kong Competition Commission, to enable it bring cases to the Competition Tribunal against businesses suspected of violating the Competition Ordinance.

Hong Kong court: Trading while possessing price sensitive information not an offence if motivated...

The Hong Kong Court of Appeal recently upheld that dealing in securities while withholding or not disclosing price sensitive information does not constitute insider dealing provided that the dealing was not in any part caused by the price sensitive information.

UK Decision Provides Useful Reminder on Carefully Navigating Privilege Protection in Multi-Jurisdiction Investigations

The UK Serious Fraud Office obtained a declaration that certain documents prepared during investigations by solicitors and forensic accountants into the activities of a UK-incorporated multinational corporation were not subject to legal professional privilege.

Asia Pacific Competition Quarterly Newsletter

The aim of this quarterly is to give you a regular, brief practical overview of significant competition law developments that may affect your business operations in the region.

Compliance Benchmark 2017: Quantifying the Fundamentals

We have summarized the results of the compliance studies of the past 12 months and summarized the results in this post. Find out how you measure up against the benchmark.

Baker McKenzie releases Anti-Bribery Laws Handbook 2017 edition

We are very pleased to present you the latest edition of our Global Overview of Anti-Bribery Laws Handbook, updated with detailed information about key legislative and enforcement activity in the anti-bribery and corruption sphere.

Hong Kong Court Confirms Prohibition on Standalone Competition Claims

On 27 April 2017, Hong Kong’s High Court rejected allegations by travel agency, Loyal Profit International Development that certain directives issued by the Travel Industry Council (TIC) were anti-competitive, and refused to rule on alleged violations of competition law.

Court of Final Appeal Hands Down Landmark Ruling on Private Sector Bribery

The Hong Kong Court of Final Appeal has handed down a landmark ruling clarifying an important element in an offence under section 9 of the Prevention of Bribery Ordinance.

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