During a webinar on November 3 to an international bank, Hong Kong partner Peter Ho, senior associates Stephanie Lam and Minerva Lee gave a presentation titled “Introduction to Company, Trusts and Issues Relating to Insurances”. They explored:
- Key provisions of the Companies Ordinance (Cap. 622)
- What is a trust and how to set up a trust
- Use of trust to hold insurance policy
- Common structures of the use of trust in life insurance
- Insurance interest requirement
- Regulated activities related to insurance by banks
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