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Forum to collect views to improve corporate insolvency law
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     The Government will hold a public forum on Wednesday (May 22) to listen to views on the legislative proposals to improve Hong Kong's corporate insolvency law.

     The forum will be held at the Ground Floor Lecture Theatre, Hong Kong Central Library, 66 Causeway Road, Causeway Bay, between 7pm and 8.30pm.

     Interested parties are requested to register with the Financial Services and the Treasury Bureau by calling 2867 5366 during office hours (9am to 5.45pm), by fax to 2869 4195 or by email to corporate_insolvency_law@fstb.gov.hk by tomorrow (May 21). Seats are available on a first-come, first-served basis.

     The Government launched a three-month public consultation on the legislative proposals to improve Hong Kong's corporate insolvency law on April 16. The proposals would facilitate more efficient administration of the winding-up process and increase the protection of creditors through streamlining and rationalising the company winding-up procedures and enhancing the regulation of the winding-up process.

     Members of the public are welcome to send their views by post to Division 4, Financial Services Branch, Financial Services and the Treasury Bureau, 15/F, Queensway Government Offices, 66 Queensway, Hong Kong, by fax to 2869 4195 or by email to corporate_insolvency_law@fstb.gov.hk on or before July 15, 2013.

     The consultation paper can be downloaded from the website of the Financial Services and the Treasury Bureau (www.fstb.gov.hk/fsb/ppr/consult/index.htm) and the Official Receiver's Office (www.oro.gov.hk).

Ends/Monday, May 20, 2013
Issued at HKT 15:45

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