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.