While issuance of Companies Registry External Circular No.13/2014 came as welcome news for compliance practitioners, there remain uncertainties regarding the effect of the Companies (Disclosure of Company Name and Liability Status) Regulation, which call for consultation and reform.
In the attached commentary, we explain what the outstanding issues are – in particular, the effect of section 661 of the Companies Ordinance (Cap. 622), and why a change in the Regulation after consultation is the preferred way forward in the longer term.
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