ONC Newsletter September 2021

ONC Lawyers
Hong Kong

LEGAL UPDATE
Insolvency & Restructuring
•	Winding up a BVI company: Even if the Court has powers over directors resident in Hong Kong, the 2nd core requirement may still not be satisfied
Regulatory & Compliance
•	SFC reprimands and fines UBS over HK$11M for multiple compliance breaches – Lessons for wealth management professionals
Corporate Finance
•	SFC and HKEx Joint Statement on IPO-related misconduct
•	The Stock Exchange published consultation paper on Special Purpose Acquisition Companies
Capital Markets
•	Security token offerings: Advantages, challenges, and key takeaways
Employment, Privacy and Discrimination
•	Can an employer dismiss an employee who is on long-term sick leave?
•	Substance, not labels, of an employment claim determines whether it falls within the Labour Tribunal’s exclusive jurisdiction
Emerging Technologies & Cyber Law
•	The regulatory trend for cross-border data transfers: A (temporary) step away from globalisation?
Commercial Crime
•	Agents beware: When will accepting an advantage mean trouble?
Shipping & Logistics
•	Ship owner bound by the court’s findings in in rem proceedings which it had not participated
Family & Matrimonial
•	Legal parenthood of a child born via surrogacy
FIRM NEWS
•	Ms Angel Wong and Mr Maxwell Chan gave a webinar organised by ACIA on compliance pitfalls for listed companies
•	Mr Dominic Wai conducted an anti-corruption training for Da Yu Financial Holdings Limited
•	Mr Joshua Chu and Ms Ivy Wang co-authored an article concerning cross-border insolvency laws for Hong Kong Lawyer
•	ONC Lawyers contributed the chapter on Specific Listing Issues to the Asian Legal Business Hong Kong IPO Handbook 2021
•	Mr Sherman Yan presented the ONC Lawyers Prize for Civil Procedure 2020-21

法律新知
清盤及重組
•	BVI 公司清盤：即使法院可對居於香港的董事行使司法管轄權，仍未必符合第二項核心要求
金融及證券規管
•	瑞銀因違反多項監管規定被證監會譴責及罰款超過1,100萬元 ——財富管理專業人員應引以為鑑
企業融資
•	證監會及聯交所就涉及首次公開招股的不當行為刊發聯合聲明
•	聯交所就特殊目的收購公司刊發諮詢文件
資本市場
•	證券型代幣發行的好處、面對的挑戰及要點
僱傭、私隱及歧視
•	僱主可以解僱正在放長病假的僱員嗎？
•	僱傭申索是否屬於勞資審裁處專屬司法管轄權範圍應以實質內容而非名稱判斷
新興科技及網絡法
•	數據跨境轉移的監管趨勢：（暫時）遠離全球化的一步？
商業罪行
•	代理人注意：在甚麼情況下接受利益會惹來麻煩？
航運及物流
•	即使船東沒有參與對物訴訟，但仍受法院的裁決約束
家事及婚姻
•	在代孕安排中誕下的子女的合法父母權利
本所動態
•	黃麗文律師及陳寳文律師為華人內部審計師公會的網上講座講解上市公司的合規陷阱
•	衞紹宗律師為大禹金融控股有限公司舉行防止貪污培訓
•	朱喬華律師及王一律師為《香港律師》及 Lexology 合撰文章探討跨境清盤法律問題
•	柯伍陳律師事務所參與撰寫《亞洲法律雜誌》《香港首次公開上市手冊 2021》有關具體上市事宜的章節
•	甄灼寧律師頒發「2020-21 年度柯伍陳律師事務所民事程序獎」