Archived Post for "Hong Kong Law"

The Supplemental Circular on Leveraged and Inverse Products dated 23 December 2016 details the requirements under which the SFC would consider authorising leveraged and inverse products for public offering.

Those who pay for an existing licensed corporation as a “backdoor licence” may not avoid the responsibilities and liabilities. Anyone involved in the management of licensed corporations is liable for breaches.

SFC issues Statement on recent GEM listing applicants reminding of the open market requirement under GEM Listing Rule 11.23 for placing-only IPOs.

SFC Publishes Consultation on Amendments to the Professional Investor Rules expanding the definition of Corporate Professional Investors and the Rules’ evidential requirements

European Chamber of Commerce Publishes Position Paper on Hong Kong Fintech including Key Recommendations on Fintech Development and Encouraging Collaboration Between the European Commission and HK Government

SFC and Exchange Joint Statement and SFC Guideline Imposes New Obligations on Listing Applicants, Sponsors, Underwriters and Placing Agents of GEM IPOs to Address Price Volatility Concerns

Hong Kong was the world’s largest IPO market in 2016 raising US$25.1 billion in 120 IPOs. Listed debt turnover surged 126% compared to 2015 despite only a small increase in the number of debt issues

SFC Issues New Guidance on compliance with licensed intermediaries’ obligation to ensure the suitability of investment products for clients

SFC Circular Introduces New Measures to Increase the Accountability of Licensed Corporations’ Senior Management and Imposes New Reporting Requirements

SFC Consultation Paper Proposes Tightening Regulation of Hong Kong Fund Managers and Increasing their Point-of-Sale Disclosure Obligations – comments should be submitted by 17.02.2017