The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have published a joint consultation paper (the Consultation Paper) to seek comments on a proposed regulatory regime for the…
Archived Post for "Hong Kong Law"
HKEX Publishes Revised Guidance for Chapter 21 Companies Investment Companies
Chapter 21 (Chapter 21) of the Listing Rules (Listing Rules) of the Stock Exchange of Hong Kong Limited (the Exchange) sets out the specific requirements for the listing of securities by investment companies…
SFC Publishes Consultation Paper on Proposed Takeovers Code Amendments
On 24 August, 2011, the SFC announced a one-month consultation to request public comments on their proposed amendments to the Codes on Takeover and Mergers and Share Repurchases (the Takeovers Code). The principal…
CSRC Tightens Regulation of Backdoor Listings and Adopts Measures to Facilitate Asset Acquisitions By Way of Share Issue
Amendments to the Administrative Measures for the Restructuring of Material Assets of Listed Companies (the Measures) (上市公司重大资产重组管理办法) have been announced by the China Securities Regulatory…
SFC Reminds Sponsors to Exercise Reasonable Judgment in IPO Due Diligence
In its latest edition of the Dual Filing Update, the Securities and Futures Commission (SFC) reminds sponsors to exercise reasonable judgment in conducting IPO due diligence on listing applicants and to ensure that all…
SFC Extends Implementation Date for New Conflict of Interest Requirements Governing Research Reports
The Securities and Futures Commission (SFC) has extended the implementation date of new conflicts-of-interest requirements governing research reports to 31 October 2011. Originally, the amendments to the Code of…
SFC Publishes Consultation Conclusions on the Regulatory Framework for pre-Deal Research Reports
The Securities and Futures Commission (SFC) published on 30 June 2011 its Consultation Conclusions (the Conclusions) concerning proposed amendments to the Code of Conduct for Persons Licensed by or Registered with…
SFC Publishes Guidance on Marketing of Existing Collective Investment Schemes and Investment-Linked Assurance Schemes to the Hong Kong Public under the Revised Code on Unit Trusts and Mutual Funds
The Securities and Futures Commission (SFC) issued guidance, on 13 May 2011, in preparation for the full implementation of the Code on Unit Trusts and Mutual Funds (UT Code) and the Code on Investment-Linked…
Takeovers and Mergers Panel Releases Ruling on whether Two Parties Should be Considered Concert Parties under the Takeovers Code
The Takeovers and Mergers Panel (the Panel) released on 24 May 2011 its ruling on whether two parties should be regarded as “Concert Parties” under the Codes on Takeovers, Mergers and Share Repurchases (the Codes).
SFC Publishes Revised Guidelines on Statutory Price Sensitive Information Disclosure Obligation
On 22 June 2011 the Securities and Futures Commission (SFC) published a revised draft of its Guidelines on Disclosure of Inside Information(Guidelines) which provides guidance on the new statutory obligation to…