Mr Michael John Hartmann, GBS, Former Non-Permanent, Judge of the Court of Final Appeal
National Security Law (NSL) is a hugely important development in the history of Hong Kong. Today's forum opens healthy debates especially when experts talk to each other. Appreciate there are different political views but open minds lead to civilized discussions. That is what is absolutely important in a case like this.
Paul Chan Mo-po, GBM, GBS, MH, JP Financial Secretary of the Hong Kong Special Administrative Region Government
Our uniqueness stems from the "one country, two systems" framework, which is the cornerstone for our economy, as for our community. Together with the rule of law and our formidable institutional strengths, they are defining the advantages that have long propelled Hong Kong's resounding success.
Raly L. Tejada Consel General Consulate General of the Philippines Hong Kong
On behalf of the Consulate General of the Philippines, I’d like to congratulate Hong Kong and the Department of Justice led by very hardworking Secretary Teresa Cheng for organizing this symposium - the Symposium the Rule of Law. I’m very pleased to be part of it. The speakers are very interesting, the topic is very engaging and I wish all the delegates of this symposium a fruitful discussion and a successful conclusion to this meeting. Again extend my full support to this meeting and I hope that it continues to be a forum for a good exchange ideas for Hong Kong and for the rest of participants.
The establishment of the AALCO Hong Kong Regional Arbitration Centre marked a major milestone in the development and promotion of Hong Kong as an international legal and dispute resolution services hub. The centre will strengthen Hong Kong’s role as an arbitration hub, provide more convenient and efficient dispute resolution services for parties in Asia and African regions.
Having an abundant of legal and dispute resolution talents as well as a mature and robust legal system and legal infrastructure, I am confident that the HKSAR has all the components to bring out the best in the new regional arbitration centre.
陈弘毅教授 SBS, JP
香港大学法学院
National security is highly regarded in China, and there is the concept known as “holistic approach to national security”. The National Security Law in Hong Kong deals with national security in four aspects, including secession, subversion, collusion to endanger national security and terrorist activities. The National Security Law oversees these four issues pertaining to national security.
陈弘毅教授 SBS, JP
香港大学法学院
“One country, two systems” of course includes the principles of “one country” and “two systems”. On the principle of “one country”, there needs to be a bottom line in law, and the National Security Law can be construed as one of those legal bottom lines.
Norman Chan GBS
Former Chief Executive of Hong Kong Monetary Authority
Hong Kong is the only common law jurisdiction in the whole world that practices truly bilingual laws in English and Chinese. To me, this is a unique advantage for Hong Kong to intermediate commercial and financial businesses to and from mainland China.
Merlin SwireChairman of Swire Pacific Limited
Hong Kong is perfectly positioned to be the connector between the rest of the world and the Greater Bay Area which is the most sophisticated part of the Chinese economy.
Dr. Victor Fung GBM GBS
Chairman of Fung Group and 2022 Foundation
The Greater Bay Area is spearheading China’s further global economic integration, especially into the world’s largest single market embedded in the Regional Comprehensive Economic Partnership (RCEP). Hong Kong is the global business platform for these increasing trade and investment flows. The window of opportunity is opening wider for Hong Kong and international companies based here.
Paul StarrPartner and Practice Leader HK DR/Infrastructure
Joint Coordinator International Arbitration Team King & Wood Mallesons
On infrastructure projects, parties should also consider expressly nominating Hong Kong law, both as the contract’s governing law and separately of its arbitration agreement. They will save them time and cost, in not having to produce independent expert reports on foreign laws and subjecting those experts to cross-examination. More significantly, Hong Kong law has developed cutting-edge answers to many of the construction industry’s conundra over, for example; the occurrence of defects; giving of contractual notices; parties’ specific intent overriding the document precedence clause; the relationship of project completion to outstanding work; record-keeping.
Paul StarrPartner and Practice Leader HK DR/Infrastructure
Joint Coordinator International Arbitration Team King & Wood Mallesons
Drafting Hong Kong arbitration clauses offers parties contracting with PRC entities anywhere in the world unique protections, not available if other jurisdictions are selected. Foremost is asset protection/freezing in the PRC, available only where parties have pre-nominated Hong Kong arbitration by one of the qualifying institutions . Gone are the days, therefore, where Belt and Road countries should tell their citizens “ let investors arbitrate here”. That asset protection is thereby lost.
Andrew Weir MBE JP, Global Chairman Asset Management and Hong Kong Senior Partner, KPMG
The recent introduction of Limited Partnership funds, Unified Funds Exemption and Tax Concession for carried interest strongly support the further development of Hong Kong as a leading Private Equity and Fund hub attractive to global, regional and domestic player.
Look Chan Ho, Barrister, Des Voeux Chambers
The recent cross-border insolvency arrangement between Hong Kong and the Mainland shows the great advantage of one country two systems, and it reflects the importance of Hong Kong as an international financial centre and an international restructuring hub.
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