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Legal Update

Hong Kong's First Bill on Register of Significant Controllers

4 July 2017
Mayer Brown JSM Legal Update
The Companies (Amendment) Bill 2017 ("Bill") which requires companies incorporated in Hong Kong to keep and maintain a register of significant controllers ("SC Register") was gazetted on 23 June 2017. This legal update discusses (1) the scope of its application; (2) meaning of significant control; (3) the obligations of applicable companies; and (4) the obligations of persons having significant control.

Authors

  • Jeckle Chiu
    T +852 2843 2245
  • Jeremy C. Y. Hsu
    T +852 2843 5148
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