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Case review 25-05-2023
Do software developers owe fiduciary duties to bitcoin owners? Court of Appeal considers there is a serious issue to be tried
In a judgment handed down in February 2023, the Court of Appeal upheld an appeal made by Tulip Trading Limited, against a first instance decision of the High Court, where the Defendants successfully brought an application challenging the court’s jurisdiction. In doing so, the Court of Appeal held that there is a serious issue to be tried as to whether developers owe fiduciary duties to bitcoin owners.
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Article 19-05-2023
Hong Kong Regulatory Insurance Update April 2023
In this April 2023 edition of Regulatory Insurance Update, the Hong Kong Corporate & Commercial Team provide the latest updates relating to the law and regulations, developments, and news in the insurance industry in Hong Kong.
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Article 04-05-2023
Professions and Financial Lines Brief: latest decisions May 2023
A roundup of the latest court decisions and regulations touching on the following issues: solicitors’ advice regarding disclaimers, breach of director’s fiduciary duties of an insolvent company, solicitors’ duties to a third party, and interpretation of an exclusion clause.
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Article 24-04-2023
Hong Kong Regulatory Insurance Update March 2023
In this March 2023 edition of Regulatory Insurance Update, the Hong Kong Corporate & Commercial Team provide the latest updates relating to the law and regulations, developments, and news in the insurance industry in Hong Kong.
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Article 31-03-2023
FCA’s sustainability disclosure requirements – considerations for insurers
Following the closing date for submissions to the FCA CP22/20 consultation on 25 January 2023, the FCA has attracted government scrutiny over their proposals for a UK regime for financial services Sustainability Disclosure Requirements.
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Article 24-03-2023
Hong Kong Regulatory Insurance Update February 2023
In this February 2023 edition of Regulatory Insurance Update, the Hong Kong Corporate & Commercial Team provide the latest updates relating to the law and regulations, developments, and news in the insurance industry in Hong Kong.
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Article 10-02-2023
Hong Kong Regulatory Insurance Update January 2023
In this January 2023 edition of Regulatory Insurance Update, the Hong Kong Corporate & Commercial Team provide the latest updates relating to the law and regulations, developments, and news in the insurance industry in Hong Kong.
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Article 07-02-2023
Play nice with AFCA… or else
ASIC v General Commercial demonstrates that, in circumstances of significant contraventions, AFCA will refer licence holders to ASIC for investigation and a successful prosecution can result in the imposition of considerable penalties and restraints.
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Report 30-01-2023
Insurance forecast 2023: claims trends and future risks
Drawing on our experience across various risks, this 2023 insurance forecast report highlights some of the key trends that we anticipate will shape the insurance agenda for 2023 and beyond.
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Article 16-12-2022
Climate accountability of companies and their boards
With this year’s COP27 conference calling for robust transition plans from member states and the government’s Transition Plan Taskforce launching its ‘gold standard’ framework for climate transition plans by companies, the race to achieve a 100% reduction in greenhouse gas (GHG) emissions by 2050 (net zero) is more pressing than ever before.