Skip to main content

Civil Aid Service holds parade

The Civil Aid Service (CAS) held the Celebration of the 25th Anniversary of the Establishment of Hong Kong Special Administrative Region and CAS 70th Anniversary Parade today at the Police College.   Chief Secretary Chan Kwok-ki officiated at the ceremony and acted as the reviewing officer for the parade.   To demonstrate national identity and patriotic sentiment for the motherland, the CAS has fully adopted from today, the Chinese-style foot drill that requires exacting standards, and demonstrated the drill's protocols for the first time in the parade.   As an auxiliary force under the Security Bureau, the CAS has been honouring the pledge of "provide emergency relief, serve the community" and has been rendering immediate assistance during emergencies to protect Hong Kong citizens.   During the COVID-19 epidemic, the CAS has remained steadfast on the front line of the anti-epidemic operations by rapidly assisting in setting up a number of community isolation faci

HK irreplaceable as legal hub

Hong Kong has all along been a prime venue for providing international legal and dispute resolution services. However, a media organisation has reported that some international corporations consider excluding Hong Kong from legal contracts. In order to reassure the international community that Hong Kong is still nonpareil in terms of providing deal making and dispute resolution services, the Asian Academy of International Law (AAIL) organised a webinar on February 26, joined by legal practitioners and professionals, to showcase why Hong Kong is irreplaceable. With the use of technology, there were nearly 1,000 registrations from some 58 jurisdictions.   Indeed, this is not the first time that there were speculations over Hong Kong’s status as a leading international legal hub. Back in 2019 when Hong Kong suffered from street violence, spreading anti-Chinese sentiments, some reports suggested that enterprises had concerns over the use of Hong Kong as a legal and dispute resolution hub. To come forth to understand the situation and embrace any challenge, a seminar titled “Is Hong Kong Still Irreplaceable?” was organised by the Department of Justice in Beijing in November 2019 to facilitate communications between Hong Kong’s legal professionals and Mainland enterprises. Following frank exchanges, all the participants eventually reached a consensus that Hong Kong is still irreplaceable.   At the AAIL’s webinar this year, speakers from international law firms and corporations led dialogues exploring the importance of Hong Kong’s role as a centre for deal-making and dispute resolution. The discussions revealed that Hong Kong’s success as an international legal hub is built on strong foundations, including a stable business environment, the free flow of capital, a low and simple tax system, and most importantly, a reliable legal system.   I was delighted to have shared my thoughts with the audience across the globe at the webinar, reassuring them Hong Kong will continue to provide a business-friendly legal framework for the international business community. Our legal infrastructure consists of a well-tested common law system, an open, transparent and independent judiciary, and also a pool of legal talents. Hong Kong law is well known for its predictability and certainty and has been chosen as the applicable law in many international commercial transactions.   Hong Kong enjoys a number of exclusive advantages with its unique position under “one country, two systems”. The interim measures arrangement, signed between Hong Kong and the Mainland in 2019, is one of the many examples. This game-changing arrangement allows parties to arbitral proceedings, which are seated in Hong Kong and administered by one of the six arbitral institutions, to seek assistance from the relevant court in the Mainland to obtain interim measures. Hong Kong International Arbitration Centre, for instance, has received applications to preserve assets totalling US$1.9 billion and Mainland courts have granted orders totalling US$1.5 billion. Hong Kong is the only jurisdiction outside the Mainland that can provide this service.   Another feature unique to Hong Kong is the opportunities under the Belt & Road Initiative and in the Greater Bay Area. Take the bay area as an example. Hong Kong enterprises registered in the Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone can now choose Hong Kong law as the applicable law for their contracts. Also, Hong Kong lawyers can take a special examination and be qualified as a Mainland legal practitioner in the bay area. This means businesses will be able to secure a lawyer in Hong Kong that is qualified to advise on both Hong Kong and Mainland laws in commercial and investment transactions within the bay area. Only Hong Kong lawyers can benefit from this special arrangement.   Hong Kong has earned a global reputation for our exceptional legal and dispute resolution services over the years. Despite all the challenges ahead, experience sharing by the international practitioners in the webinar has provided facts and data for one to appreciate that Hong Kong will continue to thrive in financial and commercial activities, and, as talents always follow the money, a comprehensive range of world-class services would be available. Hong Kong will be an ideal place for people and businesses to connect and excel. In summary, Hong Kong is irreplaceable because of its financial and legal infrastructure, the business opportunities and the pool of talents.   Secretary for Justice Teresa Cheng wrote this article and posted it on her blog on March 10.
http://dlvr.it/RvLjtT

Popular posts from this blog

Download Ricepon App on iPhone and Android

I found a very good dining app in Hong Kong. You can use QR Code to order food in restaurant, order takeaway at home and enjoy coupon. iPhone Download : https://tinyurl.com/wywn5lc Android Download : https://tinyurl.com/tnvlug8 Ricepon App Official Website : http://www.gingersoft.com.hk/ricepon-app/

124 COVID-19 cases reported

The Centre for Health Protection today said it is investigating 124 additional COVID-19 cases. More cases were detected in Kwai Chung Estate. There are also more than 70 preliminary positive cases.   Among the newly reported cases, 33 are related to Kwai Chung Estate, bringing the total number of positive and preliminary positive cases in the estate to 276.   One more positive case was found after an earlier confirmed case occurred at Glory Court, Tsuen Wan Garden, both of them live in units 5 but on two different floors. The centre has co-ordinated with related government departments and conducted an inspection today.    It was preliminarily considered that vertical transmission of virus via pipes is involved.   The centre will issue quarantine orders to residents of unit 5 on all floors of the building who resided there during the incubation period of the relevant cases and transfer them to a quarantine facility.   As it is possible that virus might be ejected from the open