Banking Law and Practice in Hong Kong (Hardcopy + ebook)

The ONLY book analysing and commenting on the current state of legislation, regulation and policy of Banking Law in Hong Kong.

Since the financial crisis in 2008, Hong Kong’s banking policy has been updated to promote stability and to address systemic risk, leading tonew precedents in Hong Kong, as examined and commented upon in this publication, including:

1. Commentary related to the Hong Kong Banking (Amendment) Ordinance
2. Discussion related to the banking regulatory reform package presented by the Basel Committee on Banking Supervision (the Basel Committee), commonly known as Basel III
3. Analysis and commentary on recent Hong Kong specific case law
4. Current law dealing with payments by electronic funds and e-banking
5. Review, commentary, and analysis of the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance (Cap 615)

The only text focusing solely on banking laws and regulatory in Hong Kong’s financial industry and markets.

Banking Law and Practice in Hong Kong examines the legal principles relevant to a broad range of modern banking activities with special reference to Hong Kong. It considers significant changes in banking regulation and practice providing readers with an up-to-date commentary of the current law. In particular, the book addresses:

(i) banking policy, regulation and supervision;

(ii) the structure of banking business in Hong Kong;

(iii) specific legal issues related to retail banking business;

(iv) bank secrecy and duty of confidentiality; and

(v) issues related to the prevention of money laundering.

Offering a fresh, practical approach, this book is a key resource not only for those studying aspects of banking law but also for banking and legal professionals alike.