News & Analysis as of

Retirement Plan › Hong Kong

BCLP

Abolition of MPF Offsetting Mechanism in Hong Kong

BCLP on

From 1 May 2025, in respect of Hong Kong’s MPF scheme, the MPF offsetting mechanism will be abolished, meaning that employers no longer will be able to use the accrued benefits of their mandatory contributions under the...more

Ius Laboris

Hong Kong launches e-platform for pension scheme

Ius Laboris on

The Mandatory Provident Fund Schemes Authority (‘MPFA’) has commenced a major overhaul of the Hong Kong pensions system with the launch of the eMPF Platform in June 2024....more

Mayer Brown

Guide to Employment Law in Hong Kong

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Overview - The primary piece of legislation, the Employment Ordinance (the “EO”), prescribes certain basic rights and protection for most employees. The EO applies to every employee engaged under a contract of employment...more

Mayer Brown

Hong Kong Government to Relax "418" Continuous Contract Requirement under the Employment Ordinance

Mayer Brown on

The Hong Kong Government announced that it will relax the "continuous contract" requirement (known as the "418" requirement) today. The proposed arrangement aims to align with the legislative intent and confer benefits on...more

Littler

Littler Lightbulb: Highlighting Recent Developments in the Asia Pacific Region

Littler on

Australia - Wage Theft Investigations. The Australia Fair Work Ombudsman’s (FWO) 2018-2019 Annual Report, published by the government agency on October 20, 2019, found significant wage theft in the country over the past...more

Proskauer Rose LLP

2016 Proskauer Annual Review and Outlook for Hedge Funds, Private Equity Funds and Other Private Funds

Proskauer Rose LLP on

This special report provides a summary of some of the significant changes and developments that occurred in the past year in the private equity and hedge funds space, as well as certain recommended practices that investment...more

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