In the recently released Chambers Asia Pacific 2019 Guide, Gall is ranked as a Leading Firm for the Dispute Resolution and Family/Matrimonial practices and a Recognised Firm for the Employment practice. Nick Gall and Caroline McNally are named as Leading Individuals, Chris Wong and Andrea Randall as Recognised Practitioners. Dispute Resolution What the team is […]
On 16 November 2018, the Stock Exchange of Hong Kong Limited (HKEx) issued its latest review of issuers’ corporate governance practices and updated its guidance material on environmental, social and governance (ESG) reporting. It also reminded listed issuers of the amendments to the Corporate Governance Code and related Listing Rules which take effect on 1 […]
The GEM Listing Committee of the Stock Exchange of Hong Kong Limited (HKEx) has censured L & A International Holdings Limited (L&A) and five of its directors (the Relevant Directors) for granting share options to ten individuals within the black-out period, in breach of GEM Listing Rule 23.05 and the terms of L&A’s share option […]
The Court of Final Appeal of Hong Kong has allowed the appeal of the Securities and Futures Commission (SFC) against the Market Misconduct Tribunal’s finding that two Asia Telemedia Limited (Asia Telemedia) executives did not engage in insider dealing. Read More… Hong Kong Law Newsletter | Charltons
The Stock Exchange of Hong Kong (HKEx) is proposing a new Listing Rule to require suspension of trading in the securities of a listed issuer that publishes a preliminary results announcement for which the auditor issued (or indicated it will issue) a disclaimer on opinion or adverse opinion. The proposal is set out in HKEx’s […]
On 1 November 2018, the Securities and Futures Commission (SFC) published a Statement on Regulatory Framework for Virtual Assets Portfolios Managers, Fund Distributors and Trading Platform Operators (the Regulatory Framework Statement) setting out the regulatory standards applicable to virtual asset portfolio managers and distributors of virtual funds. The SFC has already issued a number of […]
Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), issued its “Statement on regulatory framework for virtual asset portfolio managers, fund distributors and trading platform operators” on 1 November 2018 setting out its regulatory approach for virtual assets. This includes proposals for the potential regulation of virtual asset trading platforms (commonly known as cryptocurrency […]
Here we see Clinton Morrow (right) of Charltons meeting Demetris Demetriades (left) of Andreas Demetriades & Co in Hong Kong. Clinton also met new IR member Safak Herdem of HERDEM during this time.
An examination of most commercial contracts governing international agreements will reveal a clause dealing with alternative dispute resolution, specifically arbitrations. The oft-quoted advantages of arbitration, as opposed to litigation, usually […]
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Amendments to Hong Kong’s Takeovers Code which strengthen investor protection took effect on 13 July 2018. The Takeovers Panel is now empowered to require a person who is in breach of specific provisions of the Code to pay compensation to current and former shareholders. The amendments also increase the threshold for independent shareholder approval of […]
2019 will see new HKEx Listing Rules strengthening the corporate governance standards of HKEX listed issuers, covering tightened rules on the director nomination and election process and INED independence criteria, promoting board diversity and requiring transparency of issuers’ dividend policies. HKEX listed companies will need to disclose why an INED holding seven or more board seats […]
Short description: Hong Kong SFC’s report outlines deficiencies in Hong Kong sponsor work and instances of non-compliance based on inspecting 31 Hong Kong sponsors between October 2013 and December 2017. Read More
