01 April 2014
An overview of changes in overseas regulations
Companies Ordinance rewrite
The Companies Ordinance rewrite exercise was launched in mid-2006 with the objectives to enhance corporate governance, ensure better regulations, facilitate business and modernise the law to enhance Hong Kong’s status as a major internal business and financial centre.
Following rounds of public consultation, the new Companies Ordinance (CO) was passed by the Legislative Council on 12 July 2012. Twelve pieces of subsidiary legislations were also passed in...