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Non-compete Clause in Employment Contracts – Paper Tiger Clause ?
In the recent decision of Manulife Financial Asia Limited v Kenneth Joseph Rappold & Ors [2024] HKCFI 989, the High Court of Hong Kong considered the Plaintiff’s application to prohibit the Defendant its former employee to work for a competitor. The Plaintiff relied on a 12-month non-compete clause in the employment agreement for the application and the detailed discussion on enforceability of the non-complete clause is relevant and should be carefully considered by employers and human resourc...
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China Updates
China Relaxes Cross-Border Data Protection Measures
On 22 March 2024, the Cyberspace Administration of China (“CAC”) implemented the Provisions on the Promotion and Regulation of Cross-border Data Transfer (“Provisions”) and updated the guidelines for security assessment and standard contracts (together the “Updated Guidelines”) with immediate effect. The Provisions aim to promote foreign investments into China and lessen the compliance burden of multinational companies on cross-border data transfer. Prior to the Provisions, data m...
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