Building on the existing regime for the licensing of corporate finance advisers, the SFC has published proposals for additional specific entry criteria and ongoing compliance obligations for sponsors.
Archived Post for "Hong Kong Law"
Proposed Revision Of The SFC’s Guidance Note On Prevention Of Money Laundering And Terrorist Financing
SFC has published a consultation paper on its Proposed Revised Prevention of Money Laundering and Terrorist Financing Guidance Note & new shareholder remedies under Companies Ordinance effective on 15 July 2005
SFC-Authorised Funds and Unit Trusts Permitted to Invest in Listed Reits
Amendments to the SFC’s Code on Unit Trusts and Mutual Funds allowing collective investment schemes authorised under the Code to invest in listed real estate investment trusts came into effect on 22 April 2005
Guidelines on Analyst Conflicts of Interest
The SFC’s Guidelines to Address Analyst Conflicts of Interest impose strict requirements on investment banks and broker /dealers in relation to reducing and disclosing analysts’ conflicts of interest.
Proposed Amendments to the SFO to Give Statutory Backing to Major Listing Rules
Proposed amendments to the SFO will codify the more important of the Exchange’s Listing Rules into statutory listing requirements under the Securities and Futures (Stock Market Listing) Rules.
SFC Issues Consultation Paper on Amendments to the Disclosure of Interests Regime
It is proposed to extend the proposal to synchronise the reference dates for buyers and sellers completing a transaction within 4 days (see paragraph 9 above) to physically settled options. On the exercise of an…
Second Consultation Paper on Exemption of Offshore Funds from Hong Kong Profits Tax
The Hong Kong Financial Services and Treasury Bureau have issued a second consultation paper on the proposed exemption of offshore funds from Hong Kong profits tax.
Hong Kong Stock Exchanges Code on Corporate Governance Practices and Corporate Governance Report
The amendments to the Listing Rules relating to the Code on Corporate Governance Practices (the Code) and the Corporate Governance Report to be included in listed companies’ annual and summary annual reports have…
Amendments to the Listing Rules Relating to the Regulation of Sponsors and Independent Financial Advisers
The Stock Exchange of Hong Kong Ltd. (the “Exchange”) and the SFC have issued amendments to the Main Board and GEM Listing Rules including a new practice note on sponsor’s due diligence as the first of 2 stages of…
New Companies Ordinance Prospectus Regime
General Requirements : the materials must not contain any substantive information not contained in the prospectus nor anything that is inconsistent with the information in the prospectus;the contents must not be false…