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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 scores ten Band 1 rankings in Chambers UK 2025

Published on 17 Oct 2024.

Chambers UK recommends RPC in 26 categories overall, with a new Band 1 ranking for Media & Entertainment: Advertising and Marketing, first time rankings for Sport and Personal Injury, and promoted rankings for Media and IT and Outsourcing.

RPC recognised as top-tier firm across eight areas in The Legal 500 UK 2025

Published on 02 Oct 2024.

RPC, a law firm deeply invested in client ambitions and commercial success, is proud to be recognised once again in The Legal 500 UK 2025 rankings.

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?

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.

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.