Disputes in labour matters involving cross-border elements can add an extra layer of complexity to your business. Specifically, court judgements awarded in one place but requested to be enforced in another place often require re-litigation in the court of the requested place. Customarily, the length of time and costs involved in pursuing multiple litigations could…
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From 16 July 2018, travellers to and from Hong Kong are now required to declare cash sums larger than HK$120,000. The Hong Kong Security Bureau announced the Cross-boundary Movement of Physical Currency and Bear Negotiable Instruments Ordinance in 2017 to tackle funds arriving in Hong Kong from illegal sources such as money laundering and terrorist…
Read moreThe Companies (Amendment) Ordinance 2018, which came into operation on 1 March 2018 imposed on companies incorporated in Hong Kong (excluding listed companies in Hong Kong) an obligation to maintain a Significant Controllers Register (SCR). Coupled with the Common Reporting Standard, which took effect on 1 July 2017 in Hong Kong, the new provision reflects…
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