Hong Kong: Court orders boiler room fraudsters to compensate investors
Business,Business Advice,Hong Kong,Investments,Regional Law

Reading Time: 4 minutesIntroduction On 21 December 2018, the Securities and Futures Commission (the “SFC”) succeeded in its actions against boiler room fraudsters, where the Court of First Instance (the “CFI”) ordered such fraudsters to compensate investors who fell victim to the scams, in accordance with section 213 of the Securities and Futures Ordinance (the “SFO”). Background Boiler […]

Who is a “friend”? – Court of Final Appeal clarified the meaning of “friend” in relation to persons providing prison visiting services in Hong Kong
Hong Kong,Regional Law

Reading Time: 5 minutesIntroduction ONC Lawyers successfully quashed a conviction in a Court of Final Appeal (“CFA”) case for an appellant charged with conspiracy to defraud for providing prison visiting services. The CFA interpreted the meaning of “friend” in a broad approach in the context of visitors of prisoners on remand awaiting trial (“PATs”) and considered that the […]