The Securities and Futures Commission (“SFC”) has published a Consultation Paper on possible amendments to the regulatory framework governing investment research reports issued before a first listing of equity…
Archived Post for "Hong Kong Law"
Registration of Investment Managers with Sec
The Private Fund Investment Advisers Registration Act of 2010 (Act) was recently signed into law in the U.S. as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, resulting in changes to…
SFC Publishes Consultation Conclusions Concerning the Regulatory Oversight of Credit Rating Agencies
The Securities and Futures Commission (SFC) has recently released its consultation conclusions regarding the regulatory oversight of credit rating agencies (CRAs). The SFC published a paper on the subject on 19 July…
HKEx Admits Brazil Japan and the Isle of Man as Acceptable Jurisdictions of Incorporation for Overseas Listing Applicant
Hong Kong Exchanges and Clearing Limited (HKEx) published three listing decisions last month, October 2010, increasing to thirteen the number of acceptable jurisdictions of incorporation for overseas companies…
HKEx Listing Committee Announces Interim Guidance on pre-IPO Investments
The publication on 13 October 2010 of interim guidance on pre-IPO investments aims to clarify the position in relation to pre-IPO investments pending a consultation on possible Listing Rule amendments. This comes…
SFC Publishes Consultation Paper on the Evidential Requirements under the Securities and Futures Professional Investor Rules
The Securities and Futures Commission (“SFC”) has published a consultation paper on a proposal to refine the evidential requirements for evidencing a person’s professional investor status (“Consultation Paper”).
HKEx Publishes Consultation Paper on Proposed Reduction of Required Minimum Number of Shareholders for the Market Capitalisation-Revenue Test
The Stock Exchange of Hong Kong (“HKEx”) has published a consultation paper on a proposed change to the minimum number of shareholders required for applicants listing under the Market Capitalisation/Revenue Test…
Consultation Conclusions on the First Phase Consultation of the Draft Companies Bill Published
On 30 August 2010, the Financial Services and the Treasury Bureau (“FSTB”) published its Consultation Conclusions on the First Phase Consultation of the draft Companies Bill (“CB”) (“Consultation Conclusions”)…
SFC Dual Filing Update Identifies Shortcomings in Prospectus Disclosure
The Securities and Futures Commission (SFC) published its latest Dual Filing Update in July 2010 highlighting deficiencies in listing applications received during the six months ending March 2010. Out of 68 listing…
SFC Consults on Regulatory Oversight of Credit Rating Agencies
The Securities and Futures Commission (SFC) published a consultation paper (the Consultation Paper) on 19 July 2010, setting out its proposed regulatory regime to license and supervise the activities of credit…