Hong Kong Lawyer

MARCH 2018

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EDITOR'S NOTE 編 者 的 話 Navin G. Ahuja 《香港律師》編輯 Legal Media Group 湯森路透 navin.g.ahuja@thomsonreuters.com Most of us are aware of the fact that technology, crowdfunding, and ICOs are hot topics at the moment. But what exactly are they and how do they work? (p. 30) Imagine browsing online and you somehow land on a page that displays some very innovative products but they are merely in the form of an idea or perhaps some prototype has already been produced. The owner of the project(s) is still in need of funds from third parties in order to progress the project(s) by way of mass production and making them available to the consumers. This is known as crowdfunding. It deals with projects or ventures raising funds from various individuals or groups of people through various platforms. The Regulatory feature discusses Hong Kong's approach in regulating crowdfunding. (p. 36) It appears that there is more excitement when investing in ICOs rather than in IPOs these days. The Fintech feature explains what an ICO is and examines the relevance of Securities Law in relation to ICO utility tokens. With regard to technology, the Practice Skills section concentrates on eDiscovery technologies and techniques to simplify document disclosures in litigation and arbitration. (p. 74) Divorces or separation is increasing in Hong Kong and determining custody of the child in such cases can be problematic. What might be even more challenging is when one parent decides to unilaterally take a child across the border which is not uncommon given that Hong Kong is part of China, and the other parent who has full custody of the child wants his or her child back. The Family Law feature shares valuable insights in this context. (p. 42) Hong Kong is considered as an international legal hub. There are more than one thousand registered foreign lawyers practising in Hong Kong. The President's Message discusses the regulatory framework that permits foreign lawyers to practise law in Hong Kong. (p. 6) Ending with a thought of a whiff of the sea, feeling the breeze and hearing the ocean, the Leisure section features Bo Lee's experience in sailing and competing in the Volvo Ocean Race which Hong Kong hosted for the first time. (p. 88) 科技、眾籌和首次代幣發行(ICO)都是當前的熱門 話題,但它們究竟是什麼?如何運作?(第33頁) 想像一下你在網上看到一些非常創新的產品,但它 們僅有概念,或者只製作了樣本雛形。項目擁有人 仍需要第三方的資金進行大規模生產,才能把產品 賣給消費者。這就是眾籌,通過各種平台從個人或 群體籌集資金的項目或企業。《監管》專欄討論香 港對眾籌方面的規管措施。(第39頁) 近期,投資ICO似乎比投資首次公開招股(IPO)更熱 門。《金融科技》專欄解釋何謂ICO及ICO功能型 代幣以及與證券法的關聯。《實踐技能》專欄集中 討論eDiscovery科技及技術如何簡化訴訟和仲裁中 的文件披露。(第76頁) 離婚或分居在香港日益普遍,確定子女的監護權可 能因而出現問題。如果一方父母決定單方面帶子女 離境,情況就更為複習,這個情況並不罕見,因為 香港是中國的一部分,而擁有子女全面監護權的一 方父母希望子女回港。《家庭法》專欄就這方面分 享寶貴見解。(第45頁) 香港被視為國際法律樞紐。在香港的註冊外地律師 行有超過一千間。《會長的話》討論允外地律師在 香港執業的規管框架。(第8頁) 最後,嗅嗅大海的氣味,感受微微的海風,聽聽海 浪聲,在《律師閒情》專欄,Bo Lee律師分享他 駕駛帆船及參加香港首次主辦的環球帆船賽的經 驗。(第89頁) 4 www.hk-lawyer.org • March 2018 Navin G. Ahuja Editor, Hong Kong Lawyer Legal Media Group Thomson Reuters navin.g.ahuja@thomsonreuters.com

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