Past Events

At a webinar on 23 July, Sam Hui and Billy Au, respectively Deputy Secretary and Principal Assistant Secretary for Financial Services and the Treasury, provided the background to the Government’s latest proposals. They were joined by Lillian Chow, Assistant Official Receiver (Legal Services) of the Official Receiver’s Office, who explained the legal principles behind the proposals.

In the Q&A session that followed, Chamber members and the government representatives  had a lively discussion on the bill. Given the difficult operating conditions for businesses, the Government believes that now is an opportune time to again table the bill, as it will provide struggling businesses with a regulatory framework to stave off closure, get their affairs in order and ultimately emerge from the process as a going concern.