20 May 2015

Grand Opening of ABL&SW (Qianhai)

In the first batch of approvals by the Department of Justice, Guangdong, ABL&SW set up a joint venture law firm in the Qianhai Modern Service Industry Cooperation Zone.

14 May 2015

PRC Law Update

Circular on Reforming the Management of the Settlement of Foreign Capital from Foreign-Invested Enterprises (Huifa No. 19 【2015】)

On 30 March 2015, the State Administration of Foreign Exchange of People’s Republic of China (“SAFE”) issued the Circular on Reforming the Management of the Settlement of Foreign Capital from Foreign-Invested Enterprises (《关于改革外商投资企业外汇资本金结汇管理方式的通知》) (Huifa No. 19 【2015】) in which it announced that from 1 June 2015 onwards, new legislation for reforming the management of the settlement of foreign capital from foreign-invested enterprises will become effective in the whole country.

4 May 2015

Presentation at Bank of China (Hong Kong)

On 4 May 2015, SW partner Mr. Eric Lui, senior associate Ms. Freda Au, legal executives Mr. Stanley Hung and Mr. Man Wong delivered a presentation on stamp duty issues involving properties and share transactions at Commercial Business II – Corporate Banking and Financial Institutions of Bank of China (Hong Kong) Limited (“BCHK”). Over 50 representatives from BCHK attended the seminar.