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Results: 1-10 of 37

MMT's First Ruling on Hong Kong's Inside Information Disclosure Regime - A New Frontier?
  • Mayer Brown JSM
  • Hong Kong
  • January 20 2017

In November 2016, the Market Misconduct Tribunal (MMT) found that AcrossAsia Limited (AAL), its former chairman, Mr. Albert Saychuan Cheok (Cheok


When does an insurance intermediary need to disclose commissions? Judgment from UK Supreme Court may provide some guidance
  • Mayer Brown JSM
  • United Kingdom
  • May 20 2015

In the UK Supreme Court's judgment of Plevin v. Paragon Personal Finance Limited UKSC 61, it was held that the failure to disclose a commission of 71


New Corporate Governance Standards for Authorised Insurers to Ring in the New Year
  • Mayer Brown JSM
  • Hong Kong
  • January 6 2017

2017 brings a new and modernised set of corporate governance standards to authorised insurers in Hong Kong. The revised edition of the Office of the


Underwriting and selling of life insurance products in Hong Kong
  • Mayer Brown LLP
  • Hong Kong
  • September 2 2015

This legal update briefly summarises the recent guidelines issued by the OCI and HKMA: OCI Guidance Note 16 on Underwriting Long Term Insurance


An independent contractor is not a shield to liability!
  • Mayer Brown LLP
  • Hong Kong
  • March 14 2011

The Court of Final Appeal (CFA) decided in Luen Hing Fat Coating & Finishing Factory Limited v. Waan Chuen Ming (FACV 192009) that an occupier can be liable for injury caused by an independent contractor to the contractor's own employees, even if the contractor is apparently competent


Fraud exception in incontestability clause of life insurance policy upheld
  • Mayer Brown LLP
  • Hong Kong
  • July 4 2012

The Court of First Instance held in Ma Kim Ying v Manulife (International) Limited (HCA 19892008) that the incontestability clause was not applicable because of fraudulent misrepresentations by the life insured in the proposal form


Advertisement of unauthorised investments Court of Final Appeal clears up professional investors exemption under SFO
  • Mayer Brown JSM
  • Hong Kong
  • May 6 2015

In Pacific Sun Advisors Limited & Anor v. Securities and Futures Commission (FACC 112014), the Court of Final Appeal (CFA) upheld an appeal by the


Is a cover note a formal insurance policy?
  • Mayer Brown LLP
  • Hong Kong
  • September 18 2013

The Court of Appeal in China Ping An Insurance (Hong Kong) Company Limited v. Tsang Fung Yin Josephine and Mohammad Taj (CACV 1792012) found that


Giving third parties contractual rights the new rules
  • Mayer Brown JSM
  • Hong Kong
  • June 3 2015

Hong Kong's Contracts (Rights of Third Parties) Ordinance No.17 of 2014 (the "Ordinance") was passed in December 2014, and is expected to come into


Guarding against the creation of statutory trusts when assigning life insurance policies as collateral
  • Mayer Brown JSM
  • Hong Kong
  • June 10 2015

Section 13 of the Married Persons Status Ordinance Cap 182 (MPSO) of Hong Kong creates a statutory trust in favour of beneficiaries who are the