Hong Kong Law
Newsletters
SFC Warns Public of Allegedly Fraudulent Crypto-related Activities
SFC monitors unlicensed crypto activity in Hong Kong. 27 platforms flagged for fraud or false VATP claims as of April 2024.
FSTB Consults on Regulating OTC Virtual Asset Trading
The FSTB is proposing to introduce a new licensing regime to regulate providers of over-the-counter trading of virtual assets under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance
SFC issues guidance for tokenisation of SFC-authorised investment products and intermediaries engaging in Hong Kong tokenised securities-related activities
The SFC issued circulars providing guidance on the tokenisation of investment products and conduct-related guidance to intermediaries engaging in tokenisation of securities-related activities in Hong Kong.
FSTB Consults on Paperless Corporate Communication for Hong Kong Companies
The FSTB is proposing to introduce an implied consent mechanism and streamline the notification requirement for Hong Kong-incorporated companies disseminating corporate communications by means of their website.
HKEx Publishes Analysis of Corporate Governance Practice Disclosure of Listed Companies
HKEx published its analysis of issuers’ Corporate Governance Code compliance, particularly the requirements on corporate culture, long-serving INEDs, board diversity, and risk management and internal controls.
HKEX Introduces New Exemption to “Double Dipping” Restrictions
The new exemption allows existing shareholders and/or their close associates and cornerstone investors to subscribe for or purchase additional shares in an IPO if the size exemption conditions are met.
HKEX Postpones Proposed Implementation Date for Climate Change Disclosures
HKEX has postponed to 1 January 2025 the proposed implementation date for the mandatory and additional climate-related disclosures proposed in its April 2023 consultation paper
SFC Consults on Market Sounding Guidelines
The SFC has published a Consultation Paper proposing to introduce new Guidelines for Market Soundings aimed at clarifying the standard of conduct expected of those involved in market sounding
HK Takeovers & Share Buy-backs Codes Amended 29 September 2023
On 21 September 2023, the Hong Kong SFC published Consultation Conclusions on its proposed amendments to the Codes on Takeovers and Mergers and Share Buybacks. The amendments took effect on 29 September 2023.
HKEX Consults on Listing Rules Relating to Treasury Shares
HKEX is consulting on Listing Rule changes to enable listed issuers to hold and resell treasury shares, if allowed by the laws of their respective places of incorporation and their constitutional documents
The Hong Kong Chief Executive’s 2023 Policy Address
The Hong Kong Chief Executive delivered his second Policy Address on 25 October 2023, titled “A Vibrant Economy for a Caring Community”.
Hong Kong Police Arrest Suspects in JPEX Scandal
The Hong Kong police have arrested a number of people allegedly involved in promoting the products and services of unlicensed crypto exchange, JPEX, although the parties directly involved have reportedly