Michael Wong, Darren Bowdern and Anthony Pak of KPMG China explain how regulatory developments in the private equity space will ensure that Hong Kong SAR remains a leading jurisdiction for offshore funds to establish their regional platforms.
The implementation of economic substance laws in offshore jurisdictions will impact funds with management and advisory teams in Hong Kong SAR. Darren Bowdern and Johnson Tee explain how these changes will prompt a revisiting of fund group holding structures.