We are pleased to share our latest article, co-authored by our Partner, Simon Wong, and Trainee Solicitor, Raina D.. This article examines the recent case New Finance Limited v Lo Siu Kong [2025] HKCFI 566, where the court clarified pivotal legal principles under the Money Lenders Ordinance (MLO). The judgment shines a light on unethical lending practices and the broader interpretation of “collusion” under the MLO.

The article explores how this case expands the understanding of collusion, particularly the concept of parties “playing the same game”, to hold both money lenders and intermediaries accountable. It demonstrates how the court adopted a pragmatic approach, ensuring that borrowers are safeguarded from predatory practices and reinforcing the MLO’s protective purpose.

We invite you to explore this insightful article for a deeper understanding of the legal framework and the far-reaching implications of this case.