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Authored by: Joseph Kwan
Today, Hong Kong has become the only jurisdiction in the world to have such a wide reciprocal enforcement regime with Mainland China. This has placed Hong Kong in a special position in the resolution of cross-border disputes.
The Mainland Judgments in Civil and Commercial Matters (Reciprocal Enforcement) Ordinance (Cap 645) (the “Ordinance”) comes into effect on 29 January 2024 and provides a more cost-effective and straightforward mechanism for cross-border enforcement of judgments. The Ordinance applies to judgments made on or after 29 January 2024 and makes provisions for:
The Ordinance applies to a wide range of Hong Kong and Mainland judgments, given in proceedings which are civil or commercial in nature (or criminal in nature, where the judgment contains an order for the payment of money) and which do not fall within the list of “excluded judgments” in the Ordinance.
The new law will bring benefits such as:
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