Introduction to Company, Trusts and Issues Relating to Insurances

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