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Meeting Broader Market Demand - New Futures and Derivatives Law Takes Effect in ChinaThe new Futures and Derivatives Law (中华人民共和国期货和衍生品法) in China took effect on 1 August, 2022, for the first time recognising enforceability of close-out netting in the PRC’s futures and derivatives markets.
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Asia Tax Bulletin – Summer 2022This edition covers many different topics which have surfaced over the past three months in Hong Kong, the PRC and the ASEAN countries.
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Court of First Instance Confirms 'Modern' Judicial Approach to Penalty Clauses in a Hong Kong Employment CaseIn Ng Yan Kit Alfred and Another v. Ever Honest Industries Ltd and Another [2022] HKCFI 1834, the Court of First Instance confirmed that the approach to considering penalty clauses in Law Ting Pong Secondary School v Chen Wai Wah [2021] HKCA 873 should be followed in Hong Kong.
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