Banks and financial institutions with operations in the United States, and those subject to US regulations, will be familiar with the sophisticated systems required to comply with advanced e-discovery regimes.
While the need to embrace e-discovery in banking and financial institutions has gained traction in jurisdictions such as England and Wales, Singapore and Australia, the use of e-discovery in Hong Kong litigation is not widespread.
The Hong Kong Judiciary will soon issue a new practice direction for a pilot scheme on e-discovery in the Commercial List of the High Court, which is expected to come into force in mid-2014. This will have a significant impact on banks and financial institutions operating in Hong Kong and the region.
- How will this impact the digital landscape in banks and financial institutions?
- How do banks and financial institutions make sure that their document management systems in Hong Kong and Asia are aligned with those found in their US or European headquarters?
- If there is an investigation, how should banks and financial institutions respond and cooperate with regulators' requests for documents?
- What are the risk management factors related to disclosure and cross-border issues?
- What if a case goes to Court?
- What preventative measures should banks and financial institutions take to comply?
- What are the risks and consequences if banks and financial institutions do not comply or do not properly preserve documents?
Join us as we discuss these questions and explore issues about how the Hong Kong e-discovery practice direction is going to affect banks and financial institutions, and what they should watch out for to prepare for this.
Date & Time
Thursday, 8 May 2014
4:00 p.m. Registration
4:30 p.m. – 5:30 p.m. Seminar
5:30 p.m. onwards Cocktail
18th Floor, Prince's Building
10 Chater Road, Central
For enquiries, please contact Wendy Tang at firstname.lastname@example.org or +852 2843 2303.