The Hong Kong Directors' Manual provides an extensive coverage of both legal and practical issues associated with directors’ role, duties and responsibilities in day-to-day corporate operation including but not milted to incorporation and share capital, management and administration, commercial transaction and business expansion, takeover and merger, share transfer, capital investment, taxation, winding up, receivership and dissolution. With an emphasis on practical aspects, this book offers strategic solutions to help minimise a director’s risk exposure. Directors and those in a compliance role now and in the future can benefit from the expert insights on how to achieve regulatory compliance under changing company law arena and securities law regime, and to avoid common pitfalls and tackle the boardroom issues.
The Hong Kong Directors' Manual provides an extensive coverage of both legal and practical issues associated with directors’ role, duties and responsibilities in day-to-day corporate operation including but not milted to incorporation and share capital, management and administration, commercial transaction and business expansion, takeover and merger, share transfer, capital investment, taxation, winding up, receivership and dissolution.
With an emphasis on practical aspects, this book offers strategic solutions to help minimise a director’s risk exposure. Directors and those in a compliance role now and in the future can benefit from the expert insights on how to achieve regulatory compliance under changing company law arena and securities law regime, and to avoid common pitfalls and tackle the boardroom issues.
The 5th edition of Hong Kong Directors' Manual contains more in-depth commentary in relation to the recent amendment to the Companies Ordinance (Cap 622) from 2016 to 2021, as well as the Companies (Winding-Up and Miscellaneous Provisions) Ordinance (Cap 32), the Code on Corporate Governance Practices, the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap 615), and all relevant subsidiary legislation and Schedules. It also provides analysis of most recent Hong Kong company cases and landmark court decisions from England and other Commonwealth jurisdiction. This new edition includes new chapters focusing on the director as an entrepreneur (Chapter 4), actions against the defaulting director (Chapter 14), director’s dishonest assistance (Chapter 15), and directors of listed and non-listed companies (Chapter 16). It also details on the new inspection regime which was instructed from 23 August 2021 to enable a company to withhold certain personal information of directors and that of company secretaries contained in the register, the new Limited Partnership Funds regime which was established by the Limited Partnership Fund Ordinance (Cap 637) aiming to attract private equity and venture capital funds to set up and operate in Hong Kong. This new edition also contains full reproduction of latest prescribed forms and selected guidelines and codes.
Key Benefits
Reduces time wastage and increases productivity by serving as a step-by-step guide to your obligations.
The Hong Kong Directors' Manual will raise awareness in directors, compliance personnel and/or would-be directors so that they are better equipped with the knowledge to play the role of a corporate leader.
Provides concise commentary on the law to aid readers in determining the best approach to adopt in line with their business needs Specimen forms, documents and Codes for easy adaptation, easing the role of the compliance person in their day-to-day workflow.
Key Features
Topics Covered
CHAPTER 1...... GENERAL OUTLINE
CHAPTER 2...... THE DIRECTOR
CHAPTER 3...... FIDUCIARY DUTIES
CHAPTER 4...... THE DIRECTOR AS AN ENTREPRENEURCHAPTER 5...... DIRECTORS’ LOANS & REMUNERATION
CHAPTER 6...... COMPANY MEETINGS
CHAPTER 7...... FINANCIAL REPORT & INFORMATION
CHAPTER 8...... RAISING CAPITAL & FUNDS
CHAPTER 9...... DISCLOSURE & SUBMISSION
CHAPTER 10.... CORPORATE GOVERNANCE
CHAPTER 11.... SHARES TRANSFERS & SHARE BUY-BACKS
CHAPTER 12.... TAKEOVERS & MERGERS
CHAPTER 13.... OTHER LEGISLATIVE OBLIGATIONS
CHAPTER 14.... LIABILITY — ACTION AGAINST THE DEFAULTING DIRECTOR
CHAPTER 15.... DIRECTOR AND DISHONEST ASSISTANCE
CHAPTER 16.... DIRECTORS OF LISTED AND NON-LISTED COMPANIES
Target Audience
Authors
Judith Sihombing Ms. Judith Sihombing offers consultations in commercial, banking and property law in Hong Kong and on property and commercial law in Malaysia. She is used to working with legal teams on contentious and non-contentious matters. She has worked for a range of clients including private companies, institutions and governments. Judith conducts bespoke training and CPD seminars for the legal community in a range of her specialist areas including corporate governance, company law and property law. She has worked with numerous small- and medium-sized firms to create tailored training that meets their needs. Judith was trained as a solicitor in Victoria, Australia after graduation from the Law School of the Melbourne University. Judith also has an LLM from the University of Malaya.
After practice in Melbourne for two years, she taught in the Faculty of Law, University of Malaya, and also acted as a consultant to the Legal Aid Bureau of Malaysia. Later she taught at the Faculties of Law at Monash University, Melbourne, and Hong Kong University. She is now an Adjunct Associate Professor in the Faculty of Law of the Chinese University of Hong Kong. In 2001 she joined the Hong Kong office of Simmons & Simmons as Professional Support Lawyer and Training Manager.
Judith is a founder member and Vice-Chairman of the Law Society of Hong Kong Working Party Sub-Committee on Land Titles. She has been a consultant to the Consumer Council of Hong Kong (on Estate Agents) and to the Hong Kong Mortgage Corporation (on the documentation for mortgages and guarantees).
