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Rising to the challenge, how insurers will adapt in 2025

Published on 14 Jan 2025. By Simon Laird, Global Head of Insurance

The global insurance industry is on the brink of transformation as geopolitical tensions, accelerating AI adoption, and escalating climate crises converge to create a perfect storm in 2025. From navigating a volatile economic landscape to addressing emerging risks in cyber and ESG, insurers face a year of unparalleled complexity and opportunity.

US and Chinese regulators sign landmark agreement on inspection of Chinese audit work

Published on 02 Sep 2022. By Antony Sassi, Managing Partner, Asia and Samuel Hung, Partner and Jennifer Leung, Associate

On 26 August 2022, the US Public Company Accounting Oversight Board (PCAOB) and the PRC China Securities Regulatory Commission (CSRC) and Ministry of Finance (MoF) signed a Statement of Protocol that would allow US regulators access to audits of Chinese companies listed on the US stock exchanges.

New developments in AI may put law firms at greater risk of phishing fraud

Published on 28 Apr 2023. By Will Sefton, Partner and Head of the Lawyers Liability and Regulatory Group

As the computing power of Artificial Intelligence continues to grow exponentially, we consider how generative technology may expand the reach of traditional phishing frauds aimed at law firms.

Hong Kong court grants reported Norwich Pharmacal in aid of execution

Published on 27 Oct 2022. By Charles Allen, Partner & Head of Hong Kong office

Unsurprisingly, claimants want to be able to enforce their judgments, especially when the underlying proceedings have been hard-fought and (therefore) expensive.

Overseas King's Counsel appearing remotely before Hong Kong's top court

Published on 17 Oct 2022. By Antony Sassi, Managing Partner, Asia and James Lee, Associate

In an interesting and fully reasoned decision, delivered against the background of "Wave-5" of the Covid-19 pandemic in Hong Kong, a judge of the Court of Final Appeal has given approval for two King's Counsel (based in London) to appear remotely at a final appeal in January 2023.

Hong Kong – General adjournment of court proceedings ends with more guidance for remote hearings

Published on 04 May 2022. By Carmel Green, Partner and Jennifer Leung, Associate

Hong Kong's general adjournment of court proceedings ends with more guidance for remote hearings.

Hong Kong courts further expand remote hearings for civil cases

Published on 20 Jan 2021. By Jonathan Crompton, Partner and Rebecca Wong, Partner

Hong Kong Courts – Expansion of use of remote hearings

Published on 17 Jun 2020. By Carmel Green, Partner

As expected, the judiciary in Hong Kong has announced that it will expand the use of remote hearings for civil cases. The first Guidance Note for Remote Hearings for Civil Business in the High Court (Phase 1) came into effect on 3 April 2020. This was during the general adjourned period (GAP), when the courts were generally closed as a result of COVID-19, save for urgent and essential court business. The GAP came to an end on 3 May 2020.

COVID-19 – Hong Kong Courts handling urgent and essential matters

Published on 09 Apr 2020. By Charles Allen, Partner & Head of Hong Kong office

On 8 April 2020, the Hong Kong Judiciary announced that the general adjourned period ("GAP") for court proceedings will continue until at least 3 May 2020. During the GAP, court registries and offices are, for the most part, closed. However, the GAP does not apply to "urgent and essential court hearings and/or matters".

Arbitration or winding up?

Published on 17 Sep 2019. By Charles Allen, Partner & Head of Hong Kong office

In But Ka Chon v Interactive Brokers LLC [2019] HKCA 873, the Hong Kong Court of Appeal upheld a lower court's decision to reject an application to set aside a statutory demand. The appellant had argued (among other things) that an arbitration clause in his agreement with the respondent required their dispute to be referred to arbitration.

A matter of interpretation – the Supreme Court look at contractual interpretation once more

Published on 24 Feb 2023. By Poppy Hay, Associate and Laura Stocks, Partner

In their recent Judgment in Sara & Hossein Asset Holdings Ltd (a company incorporated in the British Virgin Islands) v Blacks Outdoor Retails Ltd [2023] UKSC 2 the Supreme Court adopted a commercially balanced interpretation of a lease; rejecting the overly textual approach of the Court of Appeal in favour of reading the relevant clause in the context of the lease as a whole.

Amount seized in forfeiture orders jumps 77% to £191m in past year

Published on 21 Nov 2022. By Adam Craggs, Partner

The amount of money seized by UK law enforcement agencies, including His Majesty's Revenue and Customs (HMRC), the Serious Fraud Office (SFO) and the National Crime Agency (NCA), has jumped 77% from £108m to £191m in the last year*, says international law firm RPC.

RPC features multiple times in the Solomonic 2023 High Court Disputes Year in Review

Published on 07 Feb 2024.

International law firm RPC has earned significant recognition for its leading disputes practice, in the highly-regarded Solomonic 2023 Year in Review of High Court Disputes.

Whistle-blowing on illegal cartels drops 70% in 5 years

Published on 18 Sep 2023. By Chris Ross, Partner and Arash Rajai, Partner

Competition and Markets Authority (CMA) recently increased award to £250,000 Calls to the CMA hotline have plummeted from 1,442 in 2017 to 427 in 2022

UK Government’s plans to raise as much as £200m a year from seizing crypto assets at risk without proper investment

Published on 07 Dec 2022. By Adam Craggs, Partner

Plans by the UK Government to seize as much as £200m a year in crypto assets* will be difficult to implement without significant investment in resources to pursue such seizures, says international law firm RPC.

International law firm RPC hosts five female voices in its special edition of Taxing Matters podcast in recognition of International Women’s Day 2021

Published on 08 Mar 2021. By Kimberley Nanson, Senior Communications Manager

To celebrate International Women's Day on 8th March, international law firm RPC has recorded a special edition of its Taxing Matters podcast. The episode is available on Spotify & Apple Podcasts.