Role of the Criminal Law in Maintaining Hong Kong as an International Financial Centre

Jiaxiang Hu, Matthias Vanhullebusch & Andrew Harding (eds.), Finance, Rule of Law and Development in Asia: Perspectives from Singapore, Hong Kong and Mainland China (Leiden/Boston: Brill Academic Publishers, 2015 Forthcoming)

University of Hong Kong Faculty of Law Research Paper No. 2015/032

24 Pages Posted: 4 Sep 2015 Last revised: 24 Sep 2015

See all articles by Simon N. M. Young

Simon N. M. Young

The University of Hong Kong - Faculty of Law

Date Written: June 1, 2015

Abstract

While criminal law is an essential part of the legal environment used to maintain Hong Kong’s status as an international financial centre (IFC), its role is limited. Criminal law and processes are reserved for serious cases that involve the protection of property rights, economic interests, or the integrity of the financial system. Deterrent and remedial civil processes are increasingly being used as a more effective way to enforce law designed to maintain Hong Kong’s IFC status.

Keywords: Hong Kong, criminal law, financial centre, money laundering, insider dealing, fraud

Suggested Citation

Young, Simon N. M., Role of the Criminal Law in Maintaining Hong Kong as an International Financial Centre (June 1, 2015). Jiaxiang Hu, Matthias Vanhullebusch & Andrew Harding (eds.), Finance, Rule of Law and Development in Asia: Perspectives from Singapore, Hong Kong and Mainland China (Leiden/Boston: Brill Academic Publishers, 2015 Forthcoming); University of Hong Kong Faculty of Law Research Paper No. 2015/032. Available at SSRN: https://ssrn.com/abstract=2655596

Simon N. M. Young (Contact Author)

The University of Hong Kong - Faculty of Law ( email )

Pokfulam Road
Hong Kong, Hong Kong
China

HOME PAGE: http://hub.hku.hk/rp/rp01275

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