Private Wealth and Trust Disputes Notes

HONG KONG HIGH COURT REVERTS DEPARTURE FROM GENERAL RULE ON COSTS IN DISPUTE BETWEEN BROTHERS

Background In Chan Chi Wai v Chan Sau Wah [2019] HKCFI 1662 an application was made to vary a costs order nisi granted by the Hong Kong High Court …

Hong Kong courts clarify legal rules surrounding suitability and capacity of next friends

Monthly Private Wealth Legal Developments - APAC

Welcome to Herbert Smith Freehills' new monthly private wealth industry updates in Asia. Every month we survey a number of Asian jurisdictions for legal …

FATF Guidance in relation to the Risk Based Approach for Trust and Company Service providers – helping TCSPs design effective measures to manage money laundering/terrorist financing risks

The Financial Action Task Force (FATF) published updated guidance in relation to the Risk Based Approach (RBA) for Trust and Company Service Providers …

Hong Kong: New licensing regime for trust and company service providers to come into force on 1 March 2018

The Companies Registry announced on 25 January 2018 that a new licensing regime for trust and company service providers ("TCSPs”) will come into force on …