Risky business: political risk insurance in OBOR jurisdictions

HKIAC is pleased to host and support the International Law Lecture Series organised by CMS.

Investment in emerging markets along OBOR jurisdictions is risky, including within Asia. Some of the jurisdictions suffer from political instability, lack of security, regulation or infrastructure, the absence of a fair and impartial legal system, poor corporate governance and inconsistent adherence to the rule of law. These risks raise investment costs and may deter investment altogether. The World Bank Group, through its Multilateral Investment Guarantee Agency (MIGA), has been navigating the complex world of political risk in Asia for decades, and has designed political risk insurance policies to hedge against these risks.

At our next CMS-HKIAC lecture, we are proud to introduce to the Hong Kong community the Head of MIGA's South & South East Asia branch, Mr. Timothy Histed, who will discuss political risk insurance policies in the OBOR region. He will be joined by Sarah Grimmer, HKIAC Secretary-General. She will discuss developments in respect of the enforcement of awards in Hong Kong against Chinese state-owned entities—integral actors in the OBOR initiative—and the doctrine of crown immunity.

Attendance is free of charge but is reserved on a first-come-first- served basis. Seats are limited. Early registration is encouraged. Drinks will be served followed by the lecture.

To register, please contact alexander.williams@cms-hs.com.