Capacity of Hong Kong entities to enter into derivative transactions
15 April 2010
Capacity and authority checks of counterparties are essential steps that need to be taken before a derivative transaction can be entered into, as the consequences of dealing with a counterparty that lacks the relevant capacity is that the transaction may be void.
Capacity and authority are determined by reference to the jurisdiction that an entity is incorporated in, irrespective of the governing law of the agreement, and so Hong Kong law will be relevant whenever facing a Hong Kong entity.
This seminar will deal with capacity and authority issues including areas which are currently unclear in Hong Kong law, and will then address particular issues in connection with particular types of entity, such as insurance companies, trusts and statutory corporations.
Managing Associate, I-Ping Soong
For further information please contact firstname.lastname@example.org or
phone Susanna So on +852 2842 4107.
Linklaters, 10th Floor, Alexandra House, Chater Road, Central, Hong Kong
Click here for a map of the location
Lunch will be served.
The seminar will be accredited with one CPD (Continuing Professional Development) point by the Hong Kong Law Society. Certificates of attendance will be available for New York Bar qualified attendees requiring CLE (Continuing Legal Education) points and for attendees requiring CPT points for the Securities & Futures Commission’s Continuous Professional Training programmes.
Please note space is limited and seats are allocated on a first come, first served basis.