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British Prosecutors Criminally Charge Global Bank and Former Top Executives

Earlier this week, the United Kingdom’s Serious Fraud Office (“SFO”) charged Barclays, its former CEO, and three other former top executives with criminal fraud. The prosecution stems from a long-running...

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Wachtell, Lipton, Rosen & Katz

Securities and Futures (Amendment) Bill 2016: Introduction of the ‘Open-Ended Fund Company’ Structure in Hong Kong

IntroductionOn 27 January 2016, the Securities and Futures (Amendment) Bill 2016 (the “Bill”) was introduced into the Legislative Council. The Bill seeks to introduce a new ‘open-ended fund company’ (“OFC”)...

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