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  • November 28, 2014
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  1. Government 'struggles to win trust'

    Posted Sep 04th 2003, 12:00am by Niki Law

    ... The Hong Kong government is trapped in a public relations minefield and is struggling to regain the public's trust following the controversy over the proposed security laws, the head ... and the government,' he said. 'Even though public confidence and trust in the government has risen, the increase was not very big. We know there is still a lot of discontent and grievances, especially ...

  2. Business - Economy - FINANCE

    Financial Secretary John Tsang eyes law reform to attract capital to Hong Kong

    Posted Sep 24th 2014, 03:47am by Toh Han Shih

    ... to offshore private equity funds and waive the stamp duty for exchange-traded funds. The Hong Kong government has amended its trust law to promote the territory as a trust domicile, Tsang said. "Settlers are now able to establish perpetual trusts in Hong Kong, giving us a competitive edge over other major common law jurisdictions," Tsang declared. Trusts are widely used as succession ...

  3. Son of Bossini tycoon denied court costs

    Posted Jan 18th 2011, 12:00am by Austin Chiu

    ... in the trust. Law Shuk-hoi contended the costs of all parties should be paid out of the trust fund. He claimed this would be in accordance with the general rule that a trustee was entitled to go to court to seek guidance on the interpretation of the trust. But Lam said Law Shuk-hoi was acting unreasonably. The late Law split his HK$1 billion estate into three portions- one to give ...

  4. Tougher disclosure rules make jurisdictions more transparent

    Posted Oct 24th 2004, 12:00am by Chris Davis

    ... was governed by a sound trust law that could be enforced in a reputable jurisdiction. Trustee companies that are able to offer a choice of jurisdictions that lawfully offer strict confidentiality may ... the umbrella of SG Private Banking (Asia Pacific), to take care of its Asian clients. The team has more than 100 years of banking and trust experience and combined strength in the fields of law ...

  5. News - China

    China could target banks, telecommunications, oil firms in price probe

    Posted Aug 15th 2013, 02:39pm by Reuters

    ... anti-trust laws, state media quoted a senior official as saying. The National Development and Reform Commission (NDRC) would look at industries that have an impact on the lives of ordinary Chinese, ... specialises in anti-trust law. Last week the NDRC fined six milk powder firms for anti-competitive behaviour. It is also investigating 60 foreign and local pharmaceutical companies over pricing ...

  6. Don't give up on quest for a competition law

    Posted Feb 25th 2011, 12:00am by Staff Reporter

    ... practices is a complex task and there continues to be new developments in anti-trust laws around the world. However, Hong Kong prides itself on its professional talent and the city should be well ... One of the greatest ironies of the Hong Kong political system is that in spite of its emphasis on being 'executive-led', it can take decades to put in place laws in areas which ...

  7. Trust company seeks a market-savvy manager

    Posted May 20th 2006, 12:00am by Elizabeth Horscroft

    ... Elizabeth Horscroft Job seekers with a background in finance or law and an understanding of the China market could be perfect for this position. Equity Trust is expanding its operations ... worth individuals. Candidates need at least eight years of experience with financial institutions, trust companies, law firms or accountancy firms. Lilian Keung, the firm's manager ...

  8. Prevent acrimony and thorny tax issues

    Posted May 15th 2007, 12:00am by John Cremer

    ... and the fund. Besides that, the deed had to spell out the trustee's powers, discretion, obligations and duties, as well as the duration and governing law for the trust. Typically, the jurisdiction chosen not only had suitable trust laws, but also a low tax regime. Next, in consultation with the settlor, it was necessary to draft a letter of wishes. This was not a legally binding document, ...

  9. Exco endorses formation of an anti-trust agency

    Posted Apr 30th 2008, 12:00am by Jimmy Cheung

    ... 'We hope it will help ease the worries of the business sector.' The business sector has voiced concerns that many of its trade practices would fall foul of a sweeping anti-trust law ... Jimmy Cheung Fair-competition law moves closer Hong Kong has moved a step closer to introducing a broad fair-competition law. The Executive Council yesterday endorsed proposals ...

  10. Albert Cheng's Link role faces police probe

    Posted Jan 06th 2005, 12:00am by Dennis Eng

    ... with the Independent Commission Against Corruption- and activist Lew Mon-hung. Mr Lam claims that Mr Cheng violated Hong Kong's common law by financing a judicial review of the Link real estate investment trust by two elderly residents of public housing estates. According to media reports, their legal costs came to $500,000. Mr Lam, a former senior ICAC investigator, claims Mr Cheng's action ...




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