Archived Post for "Hong Kong Law"

HKEX has published a Consultation Paper seeking feedback on proposals to reduce the minimum spreads – or tick sizes – of Hong Kong securities, including equities, REITs and equity warrants, in two phases.

HKEX is consulting on changes to its Corporate Governance Code and related Listing Rules to limit the number of INEDs’ concurrent directorships and tenure and increase disclosure of board dividend decisions

The SFC’s revised Circular on Streamlined Requirements for Eligible ETFs adopting a Master-feeder Structure allows SFC-authorised feeder ETFs to invest in actively managed overseas-listed master ETFs.

HKEX published the consultation conclusions on climate disclosure requirements and amendments to Listing Rules Appendix C2 applicable to HKEX-listed cos and a phased implementation of the enhanced requirements.

The SFC’s March Consultation Paper proposes a statutory scheme of arrangement and compulsory acquisition mechanism for REITs & extending the SFO market conduct regime to listed

HKEX sanctioned 3 listed companies in Q1 2024 for misappropriation of company assets, misleading prospectus disclosure and breach of directors’ duties in its continued clamp down on corporate misconduct.

HKEX published Listing Rules amendments (effective 11.6.2024) allowing HKEX-listed cos to issue and hold treasury shares subject to the laws of their country of incorporation and their constitutional documents

SFC monitors unlicensed crypto activity in Hong Kong. 27 platforms flagged for fraud or false VATP claims as of April 2024.

The FSTB is proposing to introduce a new licensing regime to regulate providers of over-the-counter trading of virtual assets under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance

The SFC issued circulars providing guidance on the tokenisation of investment products and conduct-related guidance to intermediaries engaging in tokenisation of securities-related activities in Hong Kong.