Felix Ng gave a seminar on “Tax Evasion & Money Laundering”
Our Partner Felix Ng was invited by Academy and Finance, a Geneva-based organisation, to give a speech at a seminar on “Tax Evasion & Money Laundering”. The audience included bankers, tax advisors, wealth planners, compliance officers and senior lawyers from UBS AG, JP Morgan Chase Bank, Banco Santander S.A., Sovereign Trust, LGT Bank, CTBC Bank Co. Ltd and various funds and asset management companies.
During the seminar, Felix discussed the Inland Revenue Department’s approach in prosecuting tax evasion cases and setting aside tax avoidance schemes. The relevant legal provisions, case law, sentencing and implications for the professional audience were explored. He also analysed the anti-money laundering regime in Hong Kong and the Court of Final Appeal’s decision in 2014 on available defences to money laundering offences.
Other speakers on the panel included experienced tax advisors and trust practitioners from KPMG, Trident Trust, Deacons and Sir Elly Kadoorie & Sons Limited.
For details of the seminar, please click here:
Academy & Finance Seminar Pamphlet