Bankruptcy Isolation System
#Laws and Regulations ·2025-10-26 22:14:38
Trust assets in Hong Kong are afforded strict legal protection, ensuring their independence and effectiveness. Trust assets are strictly separated from the trustee. The bankruptcy of a trust company will not affect the trust assets. Generally, the court appoints a bankruptcy liquidator to distribute the trust assets in the event of bankruptcy, or the parties involved may appoint a new trustee to manage the assets with stringent internal and external controls in place.