Archived Post for "Hong Kong Law"

The Court of Final Appeal of Hong Kong has allowed the appeal of the SFC against the Market Misconduct Tribunal’s finding that two executives of Asia Telemedia Limited did not engage in insider dealing.

The HKEx proposes a Listing Rule to suspend trading in the securities of listed issuers that publish preliminary results announcements for which the auditor issued a disclaimer on opinion or adverse opinion.

The SFC is keen to develop green finance opportunities arising from Mainland China’s transitioning to a green economy and to position Hong Kong as a connector of green finance flows between the Mainland and …

SFC and HKEX propose revamp of HKEX decision-making structure with Listing Policy Panel and greater SFC role.

The SFC published a consultation paper on 17 August 2018, proposing more guidelines on risk management practices for securities margin financing activities. Responses must be submitted by 18 October 2018.

The latest FAFT standards include expansion of requirements in relation to Politically Exposed Persons (PEPs) that address growing concerns about corruption in both local and cross-border contexts

Amendments to Hong Kong’s Codes on Takeovers and Mergers and Share Buy-backs took effect on 13 July 2018 with the publication by SFC of its Consultation Conclusions on proposed amendments to the Codes.

In July 2018, the Hong Kong Stock Exchange published its Consultation Conclusions on the Review of the Corporate Governance Code and Related Listing Rule to enhance corporate governance standards of issuers.

CCB International Capital Limited has been reprimanded and fined $24m by the SFC for its failure to discharge its duties as a sole sponsor in the listing application of Fujian Dongya Aquatic Products Co., Ltd

The HKEx published a guidance letter in July 2018 setting out relaxations from the Listing Rules which it may allow for listing applicants in the internet technology sector or that have internet-based business models.