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“Another reason for PRC clients to worry” – New enforcement regime raises concerns for Hong Kong-based assets

By Stanley Yupu Li, reporter | 22 January 2024

Hong Kong courts are set to recognise a broader range of PRC judgments as the new reciprocal enforcement regime comes into effect

A new law which will come into effect at the end of January could upend the safety of wealthy individuals’ assets in Hong Kong as judgments issued by PRC courts will be more readily recognised by Hong Kong courts, wealth industry experts told APB. New enforcement regime Under the system in place since 2008, assets in Hong Kong have generally…

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