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In September this year, a new regime for insurance intermediaries in Hong Kong was launched, and with that, a raft of new rules and requirements. However, it isn’t the only significant regulation change that insurers must be aware of as 2020 dawns. Tow Lu Lim, partner, and Jenny Yu, counsel, at Mayer Brown, describe the latest developments.
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Freshfields Bruckhaus Deringer and Mayer Brown JSM have advised on the sale of five-star hotel InterContinental Hong Kong to a consortium of investors for $938 million.