By Vanessa Crawley The accountancy sector has seen a decrease in practice numbers and an increase in the number of mergers. The question is, why the greater appetite for mergers in the market? Also, what are the benefits of merging as well as the legal issues that may arise?
The government launches a consultation on proposed legislation that updates the liquidation framework and strengthens procedures for the winding-up of companies. The Hong Kong government has launched a public consultation on legislative proposals to improve corporate insolvency law.