3 edition of Hong Kong Banking Ordinance found in the catalog.
July 2001 by International Law and Taxation Publishers .
Written in English
|The Physical Object|
|Number of Pages||236|
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Under the Ordinance, the banknotes issued by Bank of China (Hong Kong) Limited, Standard Chartered Bank (Hong Kong) Limited and The Hongkong and Shanghai Banking Corporation Limited and the HK$10 currency notes issued by the Financial Secretary pursuant thereto since are legal tender notes within Hong Kong.
Hong Kong Association of Banks. The Hong Kong Association of Banks was established in as a network tag for banks that follow the ordinance rules. Banking Ordinance of The law is an enhancement to the existing set. Changes were made to the provisioning of banks, adequacy of capital, control of the management of a d by: Legislative Council of Hong Kong.
ISBN: OCLC Number: Notes: Includes index. Description: liv, pages ; 26 cm: Responsibility: Anthony N. Williams and Christopher. Hong Kong Banking Ordinance by International Law & Taxation Publishers (Author) ISBN ISBN Why is ISBN important. ISBN. This bar-code number lets you verify that you're getting exactly the right version or edition of a book.
Hong Kong e-Legislation (HKeL) is the official database of Hong Kong legislation. It provides free online access to current and past versions of consolidated legislation dating back to 30 June and PDF copies marked “verified copy” have official legal status.
Different searching and viewing modes are available to facilitate access to law. Securities and Futures Ordinance (Cap): Commentary & Annotations Edition.
Archbold Hong Kong Maritime Law and Practice in Hong Kong, 2nd Edition. Tort law and Practice in Hong Kong, 4th Edition. Company Law in Hong Kong: Insolvency, The law of Hong Kong is unique, being a common law system preserved, after the handover to China inwithin the civil law system of the People's Republic of China (PRC), under the principle of ‘one country, two systems'.
Since the handover, the constitutional framework is provided by the Hong Kong Basic Law, which is a national law of the PRC and has constitutional status in Hong Kong. The ONLY book analysing and commenting on the current state of legislation, regulation and policy of Banking Law in Hong Kong.
Since the financial crisis inHong Kong’s banking policy has been updated to promote stability and to address systemic risk, leading tonew precedents in Hong Kong, as examined and commented upon in this publication, including.
The Hong Kong provides information in the future. Hong Kong chapter to Banking Regulation does not exists. Buy the Book - £ ; Other Hong Kong chapters: Blockchain & Cryptocurrency Regulation Published: 23/10/ Hong Kong company (or by a non-Hong Kong company that is registered in Hong Kong) must be registered with the relevant registry in Hong Kong (see section ).
Where security is taken over bank accounts, receivables, contractual rights and insurance policies, security is. Chapter - Mediation Ordinance Download CAP Mediation Ordinance [format: PDF].
Table of contents of enactment: Cap Long title The Mediation Ordinance (Cap of the Laws of Hong Kong) came into effect on 1 January Arbitration in Banking. Firms Need to be More Aware of Hong Kong Secrecy Obligations, say Industry Officials Financial institutions need to be more aware of Hong Kong's stringent secrecy obligations, said industry officials, who warned there was a mismatch in the obligations applicable to the territory's various regulators and their own expectations.
This book deals with topics that bankers must know and lawyers should know. As a comprehensive guide to the laws and regulations on banking services in Hong Kong, the book examines various interesting issues relating to The Bills of Exchange Ordinance, The Conveyancing and Property Ordinance, The Powers of Attorney Ordinance, and The Prevention of Bribery Ordinance.
Arbitration in Hong Kong is governed by the Hong Kong Arbitration Ordinance (Cap. of the Laws of Hong Kong) effective from 1 June It replaces the previous arbitration statute (Arbitration Ordinance Cap.
), originally enacted in and amended in andwhich was based on a split regime – a regime for international arbitrations, formulated on the basis of the United. Hong Kong and Singapore are seeking to snare a bigger share of the $ trillion global derivatives business, taking advantage of tough new UK and.
The Historical Laws of Hong Kong Online is a full-text image database providing access to past revised editions of Hong Kong Laws. The database comprises a total of seven consolidations of the laws of Hong Kong:, and (last updated to ).
With the current Laws of Hong Kong available on the web, the Historical Laws of Hong Kong Online database rightly. Hong Kong CPSS - Red Book - 1. Institutional aspects Legal and regulatory framework There is no specific legislation on payment systems in Hong Kong.
However, there are a number of laws that have a direct bearing on various payment instruments and institutions. The relevant ordinances are set out in the following sections. Legal Practitioners Ordinance Prohibition of non-lawyer control in law firms Hong Kong’s current legislation in respect of non-lawyer involvement in legal practices leaves little to interpretation.
The Hong Kong Monetary Authority (HKMA) was established on 1 April by merging the Office of the Exchange Fund with the Office of the Commissioner of Banking. Its main functions and responsibilities are governed by the Exchange Fund Ordinance and the Banking Ordinance and it.
Law & Practice of Banking Services in HK [Ko, Sai Hong] on *FREE* shipping on qualifying offers. Law & Practice of Banking Services in HKAuthor: Sai Hong Ko. Under the Banking Ordinance (“the Ordinance”), Chapter of the Laws of Hong Kong, the Monetary Authority (“the MA”) is charged with the responsibility for promoting the general stability and effective working of the banking system in Hong Kong.
The Ordinance prohibits the carrying on of “banking. III BANKING AND MONEY TRANSMISSION. In Hong Kong, the issuance of legal tender currency is regulated by the Legal Tender Notes Issue Ordinance. 19 Digital tokens and virtual currencies are not legal tender in Hong Kong, and form no part of the traditional banking system.
Moreover, they are not transmitted via the traditional banking system. Sections and of the Ordinance set out the legal framework for holders of securities listed in Hong Kong to disclose significant shareholding interests.
Section of the Ordinance outlines the power of a listed corporation to investigate ownership of interests in its shares. T he Hong Kong Monetary Authority (HKMA) recently approved eight virtual banking licence recipients, opening the door for fintech companies to enter the banking industry.
Simon Hawkins, a counsel at Latham & Watkins in Hong Kong, told China Business Law Journal that virtual banks, like conventional “brick and mortar” banks, were subject to the Banking Ordinance, its subsidiary legislation. The Annotated Ordinances of Hong Kong. This extensive work is one of the most useful legal resource as each section of the legislation is described, defined, interpreted, explained and referenced to the detail.
Banking Ordinance (Cap ) Bankruptcy Ordinance (Cap 6) Bills of Exchange Ordinance (Cap 19). Banking supervision. Hong Kong's legal framework for banking supervision is laid down by the Banking Ordinance.
Section 7(1) of the Banking Ordinance provides that the principal function of the Monetary Authority is to promote the general stability and effective working of the banking cy: Hong Kong dollar (HKD).
Last revision date: 04 Oct 15 October, In our July article (view here), we noted that six months after the coming into force of the Hong Kong Competition Ordinance (“HKCO”), the Hong Kong Competition Commission (“HKCC”) is still in close dialogue with many Hong Kong trade associations. In particular, we highlighted the ongoing discussions between the HKCC and the Hong Kong Association of Banks.
A lot of developments have been applied in the Hong Kong banking industry in the last couple of years. Many innovative banking products for customers have made banking practices more are an important part of the business sector and investors should have a solid understanding of how banks ore, it is advisable to ask for counsel from a law firm in Hong Kong, as they 5/5(1).
It is now time to renew your subscription to the Hong Kong Civil Procedure Service. Authored by an extremely talented pool of over 95 authors from top law firms in the country, the Hong Kong White Book continues to provide the most comprehensive coverage of matters relevant to civil procedure.
Hong Kong law or the transfer of which is governed by Hong Kong law, other than the excluded property and liabilities; “1egal tender notes” (法定貨幣紙幣) has the meaning assigned to it by section 2 of the Legal Tender Notes Issue Ordinance (Cap.
65); BANK OF CHINA (HONG KONG) LIMITED Ord. 25 of (MERGER) ORDINANCE AFile Size: KB. Hong Kong Branch and the Hong Kong branches of the consolidating banks.
Enacted by the Legislative Council. Short title This Ordinance may be cited as the Mizuho Corporate Bank, Ltd. (Hong Kong Consolidation) Ordinance.
MIZUHO CORPORATE BANK, LTD. (HONGOrd. 33 of KONG CONSOLIDATION) ORDINANCE A Hong Kong, similar to other jurisdictions that are popular for incorporating offshore companies and bank accounts, maintains a level of confidentiality which is quite attractive to many businesses.
In accordance with local law, the names of shareholders and directors are required to be in public records. Supply Of Services (Implied Terms) Ordinance (Cap. ), The Hong Kong Companies Ordinance (Cap. ), The Hong Kong Companies Ordinance (Cap. ) - Commentary and Annotations Edition The Hong Kong Companies Ordinance (Cap), Edition Trade Descriptions Ordinance (Cap), Trustee Ordinance (Cap.
29). Automatic Teller Machines (ATMs) Internet Banking. Electronic Cheque (e-Cheque) Electronic Bill Presentment and Payment Service. Best Practice on NFC Mobile Payment in HK. Prevention of Money Laundering.
Published Resources. AEOI Fact Sheet. FATCA Fact Sheet. Typhoon and Rainstorm Arrangements. Hong Kong General Holidays.
Among the numerous successful episodes of Free Banking, the Hong Kong episode is rarely cited as a relevant one.
Not surprisingly, because the austrian economists (the free bankers) themselves seem to consider the period of free banking () has never been free at all.
Schuler (, p. 39) is an illustration of that belief. T he Hong Kong Monetary Authority (HKMA) recently approved eight virtual banking licence recipients, opening the door for fintech companies to enter the banking industry.
Simon Hawkins, a counsel at Latham & Watkins in Hong Kong, told Asia Business Law Journal that virtual banks, like conventional “bricks and mortar” banks, were subject to the Banking Ordinance, its subsidiary legislation.
Welcome to HKLII. HKLII is a project of Law & Technology Centre, a centre jointly established by Department of Computer Science and Faculty of Law of the University of Hong has obtained the kind assistance of the Australasian Legal Information Institute (AustLII) in its development.
With a view to promoting and supporting the rule of law in Hong Kong, HKLII is a free. RMB deposits in Hong Kong fell from trillion RMB at the end of to billion RMB at the end ofwhile RMB trade settlement handled by banks in Hong Kong also shrank from trillion RMB in to trillion RMB in Hong Kong has also established itself as the premier stock market for Chinese firms seeking to list abroad.
Hong Kong and Singapore are seeking to snare a bigger share of the $ trillion global derivatives business, taking advantage of tough new UK and Author: By Michelle Price.The Hong Kong Companies Ordinance (Cap): Commentary and Annotations, Edition.
The full and complete annotations on all sections and 11 schedules of the Primary Legislation, as well as all 12 provisions of the Subsidiary Legislation (CapA - L) – presented in a 2-volume set. Highlights of these Commentary & Annotations include.The Hong Kong Monetary Authority is informing authorized institutions that on Feb.
29,the Banking (Amendment) Ordinance bill was passed by the.