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Russell Bennett
Legal update: Client facilitation in the execution of residual odd lots
The Hong Kong Securities and Futures Commission (the “SFC”) issued an FAQ on 18 December 2020 clarifying the applicability of the exemption from the requirement for licensed corporations (“LCs”) to obtain explicit client consent on a trade-by-trade basis prior to each client facilitation trade. As a…Read More
Wishing you a happy 12 Days of Christmas from Tanner De Witt!
Introducing the Tanner De Witt Choir singing a Hong Kong version of The Twelve Days of Christmas! Singers include: Ian De Witt, Kim Boreham, Russell Bennett, Jeff Lane, Pádraig Walsh, Elizabeth Seymour-Jones, Tara Chan, Josephine Zhou, Vicky Leung, Mae Lim, Rachel See, Ryan Purkey, Charmaine…Read More
Key points in the SFC Consultation Paper to amend the SFC AML Codes
The Hong Kong Securities and Futures Commission (“SFC”) released a consultation paper on 18 September 2020, proposing amendments to (1) the Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Licensed Corporations) and (2) the Prevention of Money Laundering and Terrorist Financing Guideline issued by…Read More
Legal update: Period of Statutory Maternity Leave to be extended to 14 weeks from 11 December 2020
The Government announced last week that the Hong Kong Employment (Amendment) Ordinance 2020 (“Amendment Ordinance”) will come into operation on 11 December 2020. The Amendment Ordinance increases the statutory maternity leave entitlements under the Employment Ordinance (Cap 57) in Hong Kong from 10 weeks to…Read More
Asialaw 2021 rankings announced
Tanner De Witt is delighted to announce Asialaw’s 2021 rankings of domestic law firms which can be found here. All practices and lawyers have maintained their rankings from the previous year. Our 2021 awards are as follows: OutstandingLabour & EmploymentRestructuring and Insolvency Highly RecommendedCorporate and…Read More
Onerous Contractual Requirements with Regard to Insurance – How can Contractors and Employers avoid Potential Conflicts
Introduction Increasing costs of insurance and increasing demands from employers have led to some very practical difficulties for contractors. This paper will set out some main underlying themes and then discuss two specific provisions which are currently causing problems for contractors. There is a view…Read More
Let’s Be Reasonable: Quantum Meruit and Asian Equivalents
It is very common for judges and arbitrators to consider one of the following situations: two parties have tried to negotiate the terms of a construction contract but eventually failed to do so, whilst in the meantime, one of the parties has been doing work…Read More
