Professional Interest Group Activities
Insolvency
Interest Group (IIG)
Lunch Seminar
CIRCULATION TO IIG MEMBERS ONLY
| Topic | : |
Non-Performing Loan Resolution in China | ||||||
| Speaker | : |
|
||||||
| Chairman | : |
|
||||||
| Date | : |
Wednesday, 21 April, 2004 | ||||||
| Time | : |
1:00
p.m. - 2:00 p.m. (Sandwiches and beverages will be served at 12:45 p.m.) |
||||||
| Venue | : |
|
||||||
| Admission Fee | : |
HKD130
per person for IIG members HKD200 per person for non-IIG members |
||||||
| HKICPA CPD Credit Hour | : |
1 hour | ||||||
| Law Society CPD Credit Point | : |
1 (Intermediate) | ||||||
About the Seminar
The talk will briefly consider the background to the current NPL situation in China, before considering in greater detail progress that has been made toward reducing levels of NPL's in the four main state owned banks through sale to third party investors, either through an asset man agement company, or directly from the bank, as well as the future outlook for NPL's in China.
About the Speaker
Mr. Rob Morris is a Chartered Accountant, qualifying while with Ernst & Whinney (now Ernst & Young). After working with E&Y in England , the Middle East and Hong Kong, he joined HSBC in 1984. At HSBC Rob worked in various countries, including 11 years in Hong Kong, and was exclusively involved in various aspects of corporate banking, including project finance, where he man aged HSBC's relationship with two of Hong Kong's largest ship owning companies, and trade finance, where he marketed major U.S. importers such as Wal*Mart and Federated Stores. Following the Asian financial crisis in 1997/8, Rob also headed up HSBC's restructuring and insolvency team in Hong Kong . He was Chair man of the working group which drew up the Hong Kong Monetary Authority sponsored "Hong Kong Guidelines on Corporate Difficulty", a past Chair man of the Hong Kong INSOL Lenders' Group and has been an advisor to the Hong Kong Association of Banks on developments in insolvency law in Hong Kong .
Since joining Ernst & Young as a partner in 2002, Rob has continued to be involved in restructuring, advising either distressed companies, or lending banks. Rob was part of the E&Y team advising Bank of China Hong Kong on that bank's sale of Non-Performing Loans in 2003.
Registration
The admission fee for attending the lunch seminar is HKD130 per person for IIG members and HKD200 per person for non-IIG members. The number of places is limited and priority will be given to IIG members on a first-come-first-served basis in case of over-subscription. For members who wish to attend the lunch seminar, please complete the attached reply slip and return it by fax for registration on or before Tuesday, 20 April 2004 and then follow by mail to the Standards & Technical Department of the Society, together with a cheque payable to "Hong Kong Institute of Certified Public Accountants". For enrolment by fax, remittance must follow within 5 days of fax booking or else booking will be cancelled.
No further confirmation letter will be sent out unless your reservation is unsuccessful. Should you have any questions on the above, please do not hesitate to contact Ms. Karen Moy , Administrative Officer of the Standards & Technical Department at 2287 7089 in the first instance.