On 25 September 2024, following a public consultation, the Financial Services and the Treasury Bureau (FSTB) published consultation conclusions and legislative proposals aimed at promoting paperless communication for Hong Kong companies. The final proposals largely mirror those in the original consultation paper and a draft amendment bill (Amendment Bill) to the
General
Merry Christmas and a Happy New Year to our readers
To all of our global readers we would like to take this opportunity to wish you all a Merry Christmas and a Happy New Year.
We will resume posting material following the festive period on 9 January 2024 although if there are any significant developments we will endeavour to provide an update.
Merry Christmas and a Happy New Year to our readers
To all of our global readers we would like to take this opportunity to wish you all a Merry Christmas and a Happy New Year.
We will resume posting material following the festive period on 9 January 2023 although if there are any significant developments we will endeavour to provide an update.
NRF Shareholder Collaboration Tool
Institutional investors collaborate with each other when communicating with investee companies’ management regarding, for example, ESG matters. Such shareholder collaboration leads to challenges in multiple legal areas. Minimising such legal risk is key.
NRF’s Shareholder Collaboration Tool allows Institutional investors to confidently collaborate, while reducing the burden on legal teams to manage the associated risks.…
Happy Easter to our readers
To all of our global readers we would like to take this opportunity to wish you all a Happy Easter.
We will resume posting material on 26 April although if there are any significant developments we will endeavour to provide an update.
Merry Christmas and a Happy New Year to our readers
To all of our global readers we would like to take this opportunity to wish you all a Merry Christmas and a Happy New Year.
We will resume posting material following the festive period on 6 January 2021 although if there are any significant developments we will endeavour to provide an update.
Hong Kong implements uncertificated securities market regime and refines OTC derivative licensing regime
Uncertificated securities market regime
On 11 June 2021, the Hong Kong Government gazetted the Securities and Futures and Companies Legislation (Amendment) Ordinance 2021 (SFCA Ordinance), marking a significant milestone in moving Hong Kong towards an uncertificated securities market (USM) where investors will have the option of holding securities in their own…
SFC issues FAQs on licensing obligations of family offices
The Securities and Futures Commission (SFC) has published FAQs to provide additional guidance on the licensing obligations of single family offices and multi-family offices under the Securities and Futures Ordinance (SFO). The FAQs follow the SFC’s circular issued on 7 January 2020 relating to the licensing obligations of family offices which…