The SFC issued its Circular to Management Companies and Trustees and Custodians of SFC-authorized funds on 27 March 2020 regarding their obligations to safeguard client interests amid COVID-19.
Archived Post for "Hong Kong Law"
SFC and HKEx Joint Statement Explains how the Covid-19 Regulations Apply to Shareholders Meetings of HKEx Listed Companies
The SFC and HKEx issued a joint statement on the application of the prohibition on group gatherings to general meetings of HKEx Listed Issuers on 1 April 2020 following consultation with the HKSAR Government.
Hong Kong Employment Law in the Age of COVID-19
An analysis of Hong Kong employment law issues in current focus given the COVID-19 pandemic, including flexible working, personal data, sick leave, termination and severance and others.
SFC Extends Deadlines for Implementing Regulatory Expectations and Reminds Intermediaries of Order Recording Requirements amidst COVID-19 Pandemic
A summary of the SFC’s circular to licensed intermediaries: extended deadlines for implementation of regulatory expectations and reminder of order recording requirements under COVID-19 pandemic.
SFC Circular Reminds Intermediaries of their Obligations to Ensure Suitability and Timely Dissemination of Information to Clients
A summary of the SFC’s circular to licensed intermediaries: reminder of important obligations to ensure suitability and timely dissemination of information to clients, which has regard to the COVID-19 outbreak.
SFC Issues Guidance on Licensing Related Matters in Light of COVID-19 Pandemic
The following provides a summary of SFC guidance on licensing matters in light of the COVID-19 pandemic and resultant restrictions that may impact the fulfilment of licensing obligations.
HKEx Updates and Streamlines Guidance Materials
HKEx updated its listing guidance including guidance for mineral company listing applicants and on the IPO sponsor due diligence work and listing document disclosure required for distributorship business models
HKEx and SFC Issue Further Guidance on Results Announcements in light of COVID-19
HKEx and the SFC issued a further guidance on results announcements in a follow up to the February Joint Statement in respect of disclosure of financial information and inside information.
Hong Kong’s Limited Partnership Fund Bill to Take Effect on 31 August 2020
Hong Kong’s Limited Partnership Fund Bill was gazetted on 20 March 2020 and will allow funds to be set up as limited partnerships in Hong Kong.
HKEx Publishes Review of Issuers’ Annual Report Disclosure
In January 2020, HKEx published its Review of Issuers’ Annual Report Disclosure examining annual reports for the financial year of 2018 and making recommendations accordingly.