The inaugural Asia-Pacific Private International Law Summit, jointly organised by UNIDROIT and the Department of Justice (DoJ) of the Hong Kong Special Administrative Region of China (HKSAR), was held on 7 November 2022 in the HKSAR.
The Summit was the first event co-organised by UNIDROIT and the HKSAR DOJ under a cooperation memorandum of understanding signed in May 2022.
UNIDROIT Secretary-General Ignacio Tirado delivered a welcome speech to open the event, alongside HKSAR Chief Executive John Lee and Commissioner of China’s Foreign Ministry in the HKSAR Liu Guangyuan.
During the first session of the Summit, UNIDROIT Deputy Secretary-General Anna Veneziano and Senior Legal Officer William Brydie-Watson spoke on the use of UNIDROIT instruments that support asset-based financing, supply chain finance and leasing to facilitate access to credit in the Asia-Pacific region, with a particular focus on the Cape Town Convention and its Protocols, as well as the future Model Law on Factoring. The session was moderated by the Secretary General of the Hague Conference on Private International Law (HCCH) Christophe Bernasconi.
During the second session, UNIDROIT Governing Council Member Hideki Kanda and Legal Consultant Hamza Hameed discussed UNIDROIT’s Digital Assets and Private Law project and explained how the future instrument will provide legal principles that can be applied to emerging technologies. The second session was moderated by Jae Sung Lee, Senior Legal Officer of UNCITRAL.
During the third session, UNIDROIT Secretary-General Ignacio Tirado and Legal Officer Myrte Thijssen introduced UNIDROIT’s Bank Insolvency project, which is developing an international soft law instrument covering the key features of bank liquidation proceedings.
During the fourth session, moderated by APEC Economic Committee Chair James Ding, Senior Legal Officer William Brydie-Watson shared UNIDROIT’s vision for strengthening its engagement with the Asia-Pacific Region, alongside officers from UNIDROIT’s sister organisations, UNCITRAL (Jae Sung Lee) and the HCCH (Yun Zhao).
UNIDROIT officers were joined by eminent experts and academics as speakers in the respective sessions.
The full agenda from the first Asia Pacific Private International Law Summit is available here: https://www.legalweek.hk/#11_8_a/.