Explore the Perun Consultants blog for expert insights on forensic accounting, financial investigations, restructuring, insolvency, corporate advisory and governance. Stay informed with our concise analyses designed for professionals navigating today’s complex financial, legal and regulatory landscapes.
Adapting to the evolvinganti-money laundering and counter-terrorist financing (“AML/CTF”) regime in Hong Kong is a priority for many businesses. This is particularly true for the Trust and Company Service Providers (“TCSP”) industry, where the licensing regime, implemented on 1 March 2018, introduced distinct regulatory requirements with the aim of ensuring that firms become more aligned with international AML/CTF standards. As part of its business-friendly approach, the jurisdiction’s TCSP licensing regime also welcomes companies incorporated outside of Hong Kong that have a place of business in the city. In this article, we will look at some notable aspects of TCSP licence requirements that firms should consider as part of their business strategy.
As forensic accountants and insolvency practitioners, we witness firsthand how macroeconomic forces ripple through individual companies. In this article, we explore the implications of current global trade policies, the industries most vulnerable to these shocks, and how our multidisciplinary teams step in to support and safeguard businesses and their stakeholders.
Directorships are pivotal positions within companies and carry a set of diverse responsibilities and legal obligations. Independent directors may step into directorship positions when companies face financial and operational distress, malfeasance and fraud, and complex regulatory challenges. Independent directors also step in to provide specialist expertise, impartial oversight, and ensure corporate governance and compliance standards are maintained. In this article, we will explore the importance of independent directors and scenarios in which they may be needed, as well as specific case studies where we have taken on directorship appointments to help clients navigate these challenging situations.
“A very good person to have on your side” says Who’s Who Legal. Meet Gwynn Hopkins, one of Hong Kong’s leading insolvency practitioners and forensic accounts.
In the lexicon of business, due diligence is a common – and often compulsory – part of mergers and acquisitions. But leveraging independent expertise could add value to your business transactions.
Whether a company is expanding internationally, improving corporate governance, or managing a complex litigation, appointing a specialist director to the board can help you navigate the right path.
