Hong Kong Legal Articles & Insights

Hong Kong Added to the EU List of Non‑Cooperative Countries and Territories for Tax Purposes With effect from 5th October 2021 , Hong Kong has been added to the EU list of non‑cooperative countries and territories for tax purposes . EU Tax Watch List and Hong Kong’s Status Since October 2021 Hong Kong has been on the EU watch list for tax purposes since 5th October 2021 . The list is designed to combat tax fraud, tax evasion, tax avoidance, and money laundering . By doing so,

The German Supply Chain Due Diligence Law (Lieferkettensorgfaltspflichtengesetz – “LkSG”) was enacted by the German Bundestag on 11 June 2021 and came into force on 1 January 2023. It obliges German‑based companies above a certain size to fulfil human rights and environmental obligations throughout their global supply chains.

Mit Wirkung vom 5. Oktober 2021 wurde Hongkong auf die EU-Liste nicht kooperativer Länder und Gebiete für Steuerzwecke gesetzt.

With the complex requirements of the new German supply chain due diligence law, an innovative approach between experienced partners is required to develop practical and workable solutions. The law affects all parties involved in global trade, making joint efforts essential to fulfil compliance requirements.

The Alternative Reference Rates Committee (the “ARRC”), representing a group of private-market participants convened by the Federal Reserve Board and Federal Reserve Bank of New York, has announced on 29 July 2021 that it would be formally recommending CME Group’s forward-looking Secured Overnight Financing Rate (SOFR) term rates. That signifies the heyday of USD LIBOR is going to end and here comes the era for the SOFR.

Read my Article on LinkedIn. Often when we think of a law firm, we imagine lawyers in suits, clients walking in and out of meeting rooms and stacks upon stacks of paperwork. We do not put much thought into what goes on behind the scenes. Like any well-functioning business, administration and operations are also a key part of the success of a law firm. This summer, I decided to get some exposure to the legal industry and managing a law firm, by doing a STEM internship at Rav

The word cookie carries different meaning to different people. In the bygone era, cookies refer to a delicious treat. In today’s digital age, however, most online netizens will understand cookies as being digital files that are generated whenever an end‑user access a network. They are created in order to enable a website operator to track visitors' activities. Historically, web services claim to retain cookies for the purpose of improving user experience (also known as direct

Author: Anna Lau, Litigation Partner “The media is the most powerful entity on Earth. They have the power to make the innocent guilty and to make the guilty innocent, and that’s power. Because they control the minds of the masses.”- Malcom X Ever since the advent of the printing press, it can be seen why mass media is such a powerful tool. Mass media has resulted in revolutions of all kinds, be it cultural, political, or social. As Malcolm X observed, the ability to influence

Read my Article on LinkedIn. Thinking back to the time before my internship at Ravenscroft & Schmierer, two words describing the work of...

Anti Discrimination Law Hong Kong remains a central pillar of the city’s legal framework, reflecting broader global efforts to promote equality and fairness. Comparative developments across jurisdictions demonstrate both progress and ongoing challenges in addressing discrimination in employment, public life, and corporate environments.

The passing of Samsung’s late chairman Lee Kun‑hee saw his family paying over USD 10 billion in inheritance tax, marking one of the largest inheritance tax payments globally. With the COVID pandemic still fresh in many people’s minds, it is clear why proper estate planning is more essential than ever. Against this backdrop, below is a highlight of key Hong Kong trust and probate law decisions from recent years.

Lesen Sie den Artikel auf LinkedIn. Ich bin ein Jurastudent aus Hongkong. Jura ist jedoch mein Zweitstudium, denn davor habe ich einen...

Find me on LinkedIn. You would be mistaken if you thought that arts and crafts had nothing to do with practicing law. This discovery began when Saajandeep Singh, the trainee solicitor at Ravenscroft & Schmierer tasked me with compiling pre-trial, correspondence, and hearing bundles. As a Comparative Literature graduate, this task felt as if I were stepping into a foreign country and could not speak a single word of their language. I had a lot of questions. Why are there so

Author: Anna Lau, Litigation Partner “The intellectual property situation is getting from bad to worse. To be a programmer, it requires that you understand as much law as you do technology.”- Eric Allman It has long been said that innovation without the guarantee that creators can enjoy the fruits of their labour is the ultimate deterrent to innovation. Jurisdictions that fail to ensure proper intellectual property protection often face severe consequences, including brain dr