By Scott Heezen  King & Wood Mallesons’ Sydney office.

A number of tax concessions are available for Australian investment vehicles that qualify as managed investment trusts (MITs) for tax purposes. These concessions are designed to encourage investment into Australia, particularly Australian real estate, by both resident and non-resident investors.

A trust must satisfy a number of requirements in order for it to qualify as a MIT and access these concessions (download Investing Down Under: A Guide for Global Real Estate Investors in English or Chinese for a list of requirements).  Continue Reading Tax concessions for Managed Investment Trusts in AU

By Greg Stonefield King & Wood Mallesons’ London office

The European Commission has taken steps to address foreign investments in the EU. While the Commission are proposing a regulation establishing an EU framework to screen foreign direct investments, they will at the same time immediately proceed with the following measures:

作者:Greg Stonefield 金杜律师事务所伦敦办公室

欧盟委员会已采取措施面对外商在欧盟的投资。在提出制定法规以构建用于筛查外国企业直接投资的欧盟框架的同时,委员会将立即采取以下措施:

By Dorothy MurrayLiu Haitao (Harry)Li Ronghui (Sam) King & Wood Mallesons

On 12 September 2017, China signed the Hague Convention on Choice-of-Court Agreements[1] (the “Hague Convention”), joining the EU (including the UK), Singapore, Mexico, the US and the Ukraine[2] in an international framework to promote international trade and investment by encouraging judicial cooperation in the field of jurisdiction and the recognition and enforcement of judgments.

The Hague Convention seeks to replicate for court judgments what the New York Convention of 1958[3] has (largely) achieved for international arbitration awards, allowing a winning party to have its “win” recognised quickly and easily around the world with limited grounds for challenges on enforcement. Continue Reading China Signs the Hague Choice of Court Convention

By Scott Budd, Shannon Etwell and Philip Pan King & Wood Mallesons

The increased level of financial risk within the major project, property and construction sectors has led to a spate of recent insolvencies. In such insolvencies, we are seeing government, regulators and other stakeholders, particularly subcontractors, taking a more active and aggressive role. For these reasons, it is becoming more important for financiers, owners, principals and contractors to manage counterparty insolvency risk as a key part of their project contingency plans. Continue Reading IpsoFacto Law Reform and Managing Insolvency Risks

By Stuart Dixon-Smith and Scott Heezen   King & Wood Mallesons’ Sydney office.

A number of tax concessions are available for Australian investment vehicles that qualify as managed investment trusts (MITs) for tax purposes. These concessions are designed to encourage investment into Australia, particularly Australian real estate, by both resident and non-resident investors.

A trust must satisfy a number of requirements in order for it to qualify as a MIT and access these concessions. Continue Reading Investing in Australian real estate: Tax concessions for Managed Investment Trusts

By Roberto Pomares and Germán Cabrera King & Wood Mallesons’

2017年8月30日,银监会发布了《关于印发信托登记管理办法的通知》(银监发[2017]47号)以及银监会有关部门负责人就《信托登记管理办法》答记者问。《信托登记管理办法》自2017年9月1日起施行,配套的信托登记系统也将同日正式上线运行。本文拟从不同纬度梳理《信托登记管理办法》中提出的登记相关操作程序及具体要求,并探讨了值得关注和后续待监管进一步明确的相关问题。 Continue Reading Nondistribution of Dividends & Shareholders’ Right of Separation

By Andrew Clements King & Wood Mallesons’ Melbourne office.

The Assistant Treasurer has released on 25th August for public comment exposure drafts of key legislation for corporate collective investment vehicles. This continues Australia’s development as a funds management centre of the world. Continue Reading The right of separation of the shareholders due to the lack of distribution of dividends: practical issues

By Monique Carroll and Jessica Bounds King&WoodMallesons’ Melbourne office

Australia’s regulatory landscape is constantly changing and companies must stay ahead of the curve. In the anti-bribery and corruption space, a large number of legislative changes have been proposed which, if introduced, will significantly increase the level of vigilance required by companies. Continue Reading Anti-bribery and Corruption in Australia

By Andrew Fei King & Wood Mallesons’ sydney office

On 18 August 2017, as part of the Chinese government’s ongoing efforts to regulate overseas investments by Chinese companies, China’s State Council published a set of investment guidelines (Guidelines) formulated by four key regulators – the National Development and Reform Commission, Ministry of Commerce, People’s Bank of China and Ministry of Foreign Affairs (collectively, PRC Regulators). Continue Reading China issues guidelines on overseas investments