Jan 8, 2021
The Takeovers Bulletin No.55 was issued in December 2020, in which SFC outlined two breaches of the mandatory general offer obligation, alerted offerors on identifying regulatory approvals and additional delisting ….
Dec 18, 2020
The SFC published a consultation outlining proposals to introduce an investor identification regime for the HK securities market at the trading level and an OTC securities transactions reporting regime.
Dec 8, 2020
The Hong Kong Government has tightened social distancing measures until 23 December 2020 in view of the latest wave of COVID-19. Regulations under Cap.599 will also be extended until 31 March 2021.
Nov 27, 2020
The HKEx published a consultation paper outlining proposals to increase the Main Board Profit Requirement to bring it in line with the Market Capitalisation Requirement.
Nov 24, 2020
The HKEx published a concept paper outlining a proposal to streamline the IPO settlement process which would see the settlement timeline shortened to one business day from the current five business days.
Nov 13, 2020
Hong Kong’s SFC published a consultation paper on the management and disclosure of climate-related risks by fund managers outlining proposed amendments to the Fund Manager Code of Conduct.
Nov 11, 2020
Hong Kong’s FSTB published proposals for a registration regime for dealers in precious metals and stones (DPMS) in line with FATF recommendations in an effort to enhance AML/CFT regulation.
Nov 9, 2020
The FSTB published a consultation paper proposing a new licensing regime for virtual asset exchanges under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance on 3 November 2020.
Nov 5, 2020
HKEx published conclusions to its consultation on corporate WVR beneficiaries with plans to allow Greater China Issuers meeting certain criteria as Qualifying Corporate WVR Issuers to secondary list under Ch.19C.
Oct 30, 2020
Hong Kong’s SFC reprimanded and fined Goldman Sachs US$350 million for serious regulatory failures that led to the misappropriation of US$2.6 billion in connection with the 1MBD bond transactions.
HKEx Publishes Consultation Conclusions on Codification of General Waivers Relating to IPOs and Listed Issuers and Minor Rule Amendments
Oct 20, 2020
The HKEx published the consultation conclusions on the codification of general waivers and principles relating to IPOs and listed issuers in addition to other minor rule amendments.
Oct 14, 2020
On 18 September 2020, the SFC published a Consultation Paper on proposals to amend its Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (for Licensed Corporations).