Missing man in Cheung Sha Wan located
A man who went missing in Cheung Sha Wan has been located. Tsai Muk-lun, aged 61, went missing after he left his caring home on Castle Peak Road, Cheung Sha Wan on May 19 afternoon. Staff of the cari… read more
Author Archives: hksar gov
Speech by SJ at 3rd Anniversary of Opening of AALCO Hong Kong Regional Arbitration Centre (English only)(with photo)
Following is the speech by the Secretary for Justice, Mr Paul Lam, SC, at the 3rd Anniversary of the Opening of AALCO (Asian-African Legal Consultative Organization) Hong Kong Regional Arbitration Centre today (June 10):
Mr Nick Chan (Director of the AALCO Hong Kong Regional Arbitration Centre), heads of AALCO disputes resolution centres, distinguished guests, ladies and gentlemen,
A very good afternoon. It is both an honour and a privilege to stand before you today as we mark a significant milestone – the third anniversary of the AALCO Hong Kong Regional Arbitration Centre. Over the past three years, AALCO Hong Kong has not only flourished but has also become a cornerstone of Hong Kong’s reputation as a world-class destination for international dispute resolution. Today, we celebrate not just an institution, but a shared vision: a future where Hong Kong continues to maintain and strengthen our status as an international legal and dispute resolution services centre in the Asia-Pacific region and beyond.
Three years ago, AALCO’s choice to establish its newest regional arbitration centre in Hong Kong reflected AALCO members’ resounding confidence in our city’s rule of law, legal talent, and many other unique advantages as an international financial centre and legal services and disputes resolution centre under the principle of “one country, two systems”, and of course, also Hong Kong’s location, being the heart of the Greater Bay Area (GBA) development and an important gateway of the Belt and Road Initiative.
Since its establishment, AALCO Hong Kong has made significant contributions in enhancing Hong Kong’s regional arbitration capabilities. By providing a neutral and efficient platform for dispute resolution, AALCO Hong Kong has facilitated the settlement of cross-border commercial disputes, reinforcing confidence in the legal systems of Asian and African economies.
AALCO Hong Kong has also organised various seminars and training programmes for capacity building of dispute resolution professionals and international collaboration by working closely with governments, arbitral institutions, and legal bodies to harmonise arbitration practices across different jurisdictions, especially in the GBA and the Belt and Road regions. For example, we are very happy to see that AALCO Hong Kong supported the Second Instalment of the 7th Belt and Road Conference hosted by the Law Society of Hong Kong, which featured engaging and fruitful dialogues in promoting a peaceful dispute resolution worldwide.
I wish to extend my deepest congratulations and gratitude to AALCO, the legal community, and all stakeholders who have supported AALCO Hong Kong’s growth. This milestone is not just a proof to AALCO Hong Kong’s achievements over the past three years, but also a reflection of Hong Kong’s growing role as a leading hub for international legal and dispute resolution services in the Asia-Pacific region and beyond. As we look ahead, the demand for arbitration and alternative dispute resolution (ADR) services will grow, driven by increasing cross-border trade, Belt and Road Initiative projects, digital economy disputes, and international sports events.
Let us reaffirm our commitment to advancing the edge of arbitration, promoting ADR, and building a more interconnected legal and dispute resolution landscape for Asia, Africa, and beyond. To conclude, I wish AALCO Hong Kong many more years of success. Thank you.
Invest Hong Kong Hosts policy briefing for professional services sector to promote Hong Kong’s family office development (with photos)
​Invest Hong Kong (InvestHK) today (June 10) hosted the Hong Kong Wealth Management and Professional Services Policy Briefing, targeting legal and professional services firms from the Mainland. The event provided deep insights into Hong Kong’s latest policy developments including family office policies and tax incentives. The session was well received, drawing participation from over 60 representatives of legal and professional firms serving high-net-worth clients. The event sparked active discussions, with participants expressing keen interest and strong confidence in the evolving role of Hong Kong’s professional services sector and the future of Hong Kong’s family office ecosystem.
Key topics covered included interpretation of Hong Kong’s latest family office policies, comparisons with regional regimes and tax incentives, case studies and a question-and-answer session. The session aimed to enhance understanding among legal and advisory firms of Hong Kong’s policy landscape, strengthen participant’s positioning as cross-border advisors to ultra-high-net-worth individuals (UHNWIs), and facilitate the development of business networks in Hong Kong.
Associate Director-General of Investment Promotion at InvestHK Mr Charles Ng said, “Hong Kong is the leading hub for asset and wealth management in Asia with over US$4 trillion in assets under management. Our city is recognised as a trusted gateway for global capital seeking access to opportunities across Asia and beyond. Our leadership is further evidenced by our standing as Asia’s largest hedge fund hub and Asia’s largest cross-border wealth management centre. The professional services sector plays a strategic and indispensable role in enabling this ecosystem to flourish. InvestHK is committed to working closely with legal, accounting, trust, and advisory professionals to promote policy understanding and strengthen Hong Kong’s competitiveness in cross-border wealth management and succession planning.”
Legal professionals attending the event provided perspectives on Hong Kong’s family office policies and the growing opportunities arising from them. The Chair of the Family Office Committee at the Law Society of Hong Kong, Mr Chan Chak-ming, said, “With increasing interest from UHNWIs in Asia, Hong Kong’s forward-looking initiatives, including tax incentives and efficient market processes, solidify its position as the region’s leading destination for family offices. Together with InvestHK, we aim to strengthen Hong Kong’s role as a nexus for global wealth, ensuring it remains responsive to the sophisticated needs of UHNWIs while reinforcing trust and long-term confidence.”
InvestHK will continue to collaborate with industry stakeholders to support legal and advisory firms in expanding their high-end wealth services in Hong Kong, and to promote the city as a premier hub for family offices and a cross-border wealth management centre in Asia, helping Mainland and international families of UHNWIs achieve long-term goals in asset growth and succession.
Police remind public not to download or provide funding to mobile application endangering national security
   The National Security Department (NSD) of the Hong Kong Police Force reminds the public today (June 10) not to download a mobile application named “Reversed Front: Bonfire” or provide funding to the application developer for engaging in acts and… read more
Scam alert related to banks
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press releases issued by the banks listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which have been reported to the HKMA. Hyperlinks to the press releases are available on the HKMA website.
| Bank | Type of Scam |
| The Bank of East Asia, Limited | Fraudulent websites and internet banking login screens |
| Shanghai Commercial Bank Limited | Fraudulent websites and internet banking login screens |
| Chong Hing Bank Limited | Fraudulent websites and internet banking login screens |
| Hang Seng Bank, Limited | Fraudulent websites and phishing instant messages |
The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).
Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the scams concerned, should contact the relevant bank with the information provided in the corresponding press release, and report the matter to the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012. read more