|Simmons & Simmons has appointed Hong Kong based partner Paul Li as the firm’s new China Managing Partner. Li has been with Simmons & Simmons since 1989 and until now headed the financial services regulatory practice in Hong Kong. He specialises in banking and financial services regulation, advising leading financial institutions including investment banks, fund managers and broker-dealers and listed corporates on both contentious and non-contentious aspects of their financial services businesses and specialises in banking and finance litigation, corporate disputes and regulatory investigations.
DLA Piper has appointed leading PRC and Hong Kong commercial lawyer, Dr Liu Wei, as a partner. Liu has extensive experience advising on more than 100 initial public offerings and listings over the past 15 years as well as from an appointment at the Securities and Futures Commission in Hong Kong. He will strengthen DLA Piper’s capabilities in law covering securities, companies, Sino-foreign joint venture, real estate and taxation in Asia. Liu has advised on transactions involving fund raising in international capital markets for Chinese business enterprises and foreign investment in PRC. Prior to his appointment, Dr. Liu was a partner at a well-known international law firm in Hong Kong. He has also worked in London, New York and Hong Kong as the Senior PRC Legal Counsel for a major US international law firm.
Clyde & Co has appointed Dominic Lee as managing partner of its Hong Kong and China practice. Lee joined the firm’s Hong Kong office in 1992 and has been a partner since 1997. He is well known for his extensive experience in handling corporate and commercial dispute resolution, intellectual property and corporate restructuring. Lee’s key focus as managing partner will include driving the development of the firm’s corporate and commercial China practice to serve the Asian markets and European clients focused on FDI and M&A in China. As well as further servicing the commercial needs of Clyde & Co’s UK, US and Middle East client bases with interests in Asia and providing regional banking and asset finance capabilities.
New Decree on special preferential import/export tariffs under the CPTPP
Plus recent Vietnam updates on insurance, public investment and minimum wages.
SCA issues guidelines for financial institutions on anti-money laundering
The advent of AML and ATF guidance is a welcome step for businesses in the UAE.
Update on Stamp Duty regulating electronic transactions
A new notification requires parties who enter certain electronic transactions to pay stamp duty in cash.