Tag Archives: China

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Registration of Subscription Intention for the HKMC Annuity Plan

The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The “HKMC Annuity Plan” introduced by the HKMC Annuity Limited (HKMCA), a wholly-owned subsidiary of The Hong Kong Mortgage Corporation Limited, will start to accept registration of subscription intention tomorrow from Hong Kong permanent residents aged 65 years or above. 
      
     The registration period will be opened from July 19 to August 8, 2018.   Applicants can obtain or submit the “Subscription Intention Forms” at any one of the Agent Banks’ designated branches*.  They can also register online their intent to subscribe for the plan at the HKMCA website (www.hkmca.hk).
      
     The applicants are not required to pay premium at this stage but will need to fill in the “Subscription Intention Forms” with some basic personal information, the intended subscription amount and choose three intended Agent Banks which will assist in completing the application procedures in the next stage. 
      
     *The list of designated branches of the Agent Banks participating in the distribution of the HKMC Annuity Plan can be found at the HKMCA website (www.hkmca.hk). read more

DoJ to promote Hong Kong Legal Services Forum in Guangdong

     The Department of Justice (DoJ) is today (July 18) leading a delegation of the legal and arbitration sectors on a visit to Guangzhou, Zhaoqing and Foshan for three days. The visit is aimed at promoting Hong Kong’s legal and dispute resolution services and the coming fifth Hong Kong Legal Services Forum, to be held in Guangzhou on September 5.

     The Forum, with the theme of “From Bay Area to International Arena”, seeks to promote the legal and dispute resolution services of Hong Kong to enterprises and other service users in the Mainland. It is part of the DoJ’s ongoing effort to consolidate Hong Kong’s status as an international legal and dispute resolution services centre in the Asia-Pacific region.

     The delegation, led by the Deputy Solicitor General (Policy Affairs), Ms Lee Sau-kong, comprises representatives of the Hong Kong Bar Association, the Law Society of Hong Kong, the Hong Kong International Arbitration Centre, the China International Economic and Trade Arbitration Commission Hong Kong Arbitration Center, the China Maritime Arbitration Commission Hong Kong Arbitration Center and the Hong Kong Trade Development Council. These organisations are also co-organisers of the Forum.

     “Riding on the opportunities presented by the development of the Guangdong-Hong Kong-Macao Bay Area, we wish to introduce Hong Kong’s legal and dispute resolution services to the legal sector and enterprises in Guangdong Province. The legal sectors and enterprises from both sides can share their experience and explore further opportunities for co-operation,” Ms Lee said.

     During the three-day visit, the delegation will meet with relevant government officials and representatives of legal bodies and Mainland enterprises.

     Experienced Hong Kong legal practitioners and dispute resolution experts will explore various issues in the forum in September and enhance exchange and co-operation with their counterparts as well as enterprises in Guangdong Province. read more