Shipping lines may cooperate in limited circumstances under local competition rules
15 August 2017, Competition, Legal Alert, by Wendy Thian,

The HKCC’s recent decision on the Hong Kong Liner Shipping Association’s block exemption application clarifies that shipping lines are permitted to operate joint shipping services… LEARN MORE

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HKCC seeks fines for building renovations cartel with assistance from Housing Authority
15 August 2017, Competition, Legal Alert, by Wendy Thian,

Ten local firms in the construction sector are the subject of the Hong Kong Competition Commission (HKCC)’s second court case for allegedly sharing markets and fixing prices for… LEARN MORE

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Article “The Myths and Realities of China’s Revised Patent Examination Guidelines” published in Bloomberg BNA

Deacons’ Patents and Designs Practice Group has recently been invited by Bloomberg BNA to share their views on China’s Revised Patent Examination Guidelines.  The article “The… LEARN MORE

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Comparison of two fund vehicles: the Hong Kong OFC and the Cayman exempted company

With the launch of Hong Kong’s open-ended fund company (OFC) vehicle tipped for 2018, the Government aims to deliver on one facet of its long-stated policy initiative of bolstering… LEARN MORE

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Beijing Court Confirms OEM Constitutes Use in Non-use Cancellation Proceedings - Useful Tips for Trademark Owners

It has been over a year since the Supreme People’s Court (SPC) laid down the judgment in the “PRETUL” case (Focker Security Products International Limited v. Pujiang Ya Huan Locks… LEARN MORE

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SFC licensing and compliance hints

Responsible officer application deadline If your company has any MICs for Overall Management Oversight or Key Business Lines who are not yet approved as responsible officers,… LEARN MORE

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Australia-HK MRF update

The Australia-Hong Kong mutual recognition of funds (MRF) scheme was initially launched almost 10 years ago but it has not resulted in any real flows in either direction to date.… LEARN MORE

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Proposed profits tax exemption for HK private open-ended funds

The Inland Revenue (Amendment) (No. 4) Bill 2017 (Bill) proposes a profits tax exemption for privately offered Hong Kong open-ended fund companies (OFCs) seeking to make them… LEARN MORE

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Renewed SFC focus on private funds and discretionary accounts

Hong Kong’s Securities and Futures Commission (SFC) issued a circular on 31 July 2017 highlighting potential regulatory concerns identified as a result of the SFC’s ongoing supervision… LEARN MORE

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Consultation reveals details of HK’s corporate funds vehicle

It is now hoped that the open-ended fund company (OFC) will be available in 2018 as an alternative to the unit trust for those looking to set up Hong Kong-domiciled investment… LEARN MORE

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