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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".

RPC's Snapshots app brings together the latest legal developments…at the touch of a button

Published on 06 Jun 2023. By Joseph Akwaboa, Associate and Oliver Bray, Senior Partner

Students and commercial lawyers alike can access a rich database of updates from the commercial, data, digital, consumer and advertising legal landscape

RPC’s Retail Compass Autumn edition: What challenges do retailers face post-pandemic?

Published on 21 Sep 2021. By Kimberley Nanson, Senior Communications Manager

RPC, the international law firm has launched the Autumn edition of its Retail Compass, which explores legal and policy changes that are set to impact the retail industry.

Hong Kong – Claim pleading duty of care against auditor struck out for "putting the cart before the horse"

Published on 28 Oct 2022. By Antony Sassi, Managing Partner, Asia and David Smyth, Senior Consultant and Anson Lo, Associate

In Chan Kam Cheung v Ronnie K W Choi & Anor [2022] HKCFI 3028, a judge upheld a master's (judicial officer's) decision to strike out the plaintiff shareholder's action against the former auditors of the company.

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.

HKEX published additional guidance specific to biotech companies

Published on 10 Jun 2020.

RPC's growing Singapore office welcomes new Tech Partner

Published on 08 Sep 2022. By Nick Lauw, Partner

• The move is driven by growing client demand and the firm's ambition to grow its award-winning international Technology practice to support its clients' commercial needs. • RPC has now hired 8 Partners in 2022, in addition to promoting 10 new Partners at the beginning of May, across Hong Kong, Singapore, London and Bristol.

Number of UK ransomware attacks double in past year

Published on 28 Mar 2022. By Richard Breavington, Partner

Increasing difficulty for businesses to get cyber coverage under traditional property and liability policies

Financial services litigation – what to look out for in 2022

Published on 14 Jan 2022. By Daniel Hemming, Partner

Push-payment fraud, cryptocurrency, ESG and interest rate moves expected to be key drivers of financial disputes next year

SIPP providers – What's next?

Published on 13 Nov 2024. By Thomas Spratley, Associate and Rachael Healey, Partner

Last week the FCA issued a Dear CEO letter to SIPP operators. The letter is one of many the FCA has sent as follow-ups on the consumer duty (including the most recent letters to lifetime mortgage providers) and is a must read for those in the SIPP sector. The letter highlights the FCA's focus areas of ensuring redress is paid (where the FCA does not consider sufficient progress has been made), "outlier firms" when it comes to holdings in non-standard assets, and implementation of the consumer duty, particularly around distribution strategies/identifying target markets.

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.

Are pension fund trustees at risk of legal action following UK gilts’ meltdown?

Published on 07 Oct 2022. By Rachael Healey, Partner

Are pension fund trustees conducting liability-driven investing at risk of legal action following the volatility in the UK gilt market?

SIPPs – the work and pensions committee asks some pointed questions of the FCA

Published on 31 May 2018. By Rachael Healey, Partner

The Work and Pensions Committee has sent a letter to the FCA following its review of defined benefit pension transfers raising 5 pointed questions in relation to SIPPs.