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Protection of Wages on Insolvency Fund

The Hong Kong government is going to amend the Protection of Wages on Insolvency Fund legislation to allow payments to be made to employees of insolvent companies in respect of unpaid holiday pay.  Employees who are owed wages, wages in lieu of notice and severance pay by insolvent employers may apply for ex gratia payments…

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Provisional Supervision in Hong Kong

You might remember in early 2009 the fanfare that greeted the government’s proposals to re-introduce Provisional Supervision. Well, we are now over two years down the road, with a lengthy consultation period behind us, only to find that the bill will not now be going before Legco for the present session that ends in mid-2012….

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