November 03, 2020

Introduction to Company, Trusts and Issues Relating to Insurances

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During a webinar on November 3 to an international bank, Hong Kong partner Peter Ho, senior associates Stephanie Lam and Minerva Lee gave a presentation titled “Introduction to Company, Trusts and Issues Relating to Insurances”. They explored:

  • Key provisions of the Companies Ordinance (Cap. 622)
  • What is a trust and how to set up a trust
  • Use of trust to hold insurance policy
  • Common structures of the use of trust in life insurance
  • Insurance interest requirement
  • Regulated activities related to insurance by banks

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