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Hong Kong Law

July 2005

Best Boutique Firm 2014

Asian Legal Business Awards

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Dominion Centre,12th Floor
43-59 Queen's Road East, Hong Kong

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www.charltonslaw.com

 

Charltons - Hong Kong Law Newsletter - Issue 24 - 13 July 2005

Hong Kong SFC Consultation Paper on the Regulation of Sponsors and Compliance Advisers

New Sponsor Regime Tightening of Regulation Hong Kong Corporate Finance Advisers

Hong Kong 31 December Year-end Half-year Report for the 6 Month Period Ended 30 June 2005

Proposed New Regulatory Regime For Sponsors Hong Kong Entry Criteria and Ongoing Compliance Obligations

Corporate Finance Advisers Hong Kong Licencing Part V SFO Type 6 Regulated Activity (advising on corporate finance)

Half-year Report Disclosure Requirements Statement that Meets the Code Provisions paragraph 44(1) of Appendix 16 Report Hong Kong

Eligibility Criteria Fit and Proper to Act as a Sponsor Sufficient Expertise, Resources and Management Responsibility

Transaction Team Requirements Minimum One Principal as Supervisor and Leader Sufficient Knowledge of Hong Kong's Regulatory Requirements

Principals Discharge Sponsor Work Minimum Requirements Responsibilities Decision Maker

Eligibility Criteria Type 6 Regulated Activity 5 years' "relevant corporate finance experience" Corporate Finance Advisors

Effective Systems and Internal Controls Reporting Lines
On-going Compliance Obligations Continuing Professional Training, Minimum Capital Requirement and Professional Indemnity Insurance
Annual Self-assessment of Compliance with Requirement for Effective Systems and Controls Annual Return Record Keeping
Code On Corporate Governance Practices: Interim Reporting Requirements Appendix 14 Main Board Listing Rules Appendix 15 GEM Listing Rules
Requirements For Preliminary Half-Year Results Announcements