PTT Exploration and Production Plc enters into exploration and production partnership agreement with Total

PTT Exploration and Production Plc enters into exploration and production partnership agreement with Total Bangkok-listed PTT Exploration and Production Plc (PTTEP) has entered into a partnership agreement with Total E&P Myanmar Limited (Total) pursuant to which PTTEP will divest a 50% participating interest in its Myanmar MD-7 Project. PTTEP and Total will jointly undertake exploration […]

Julia CharltonPartner, Charltons

New Companies Law sent to Myanmar parliament for final approval

New Myanmar Companies Law sent to parliament for final approval On 5 January 2017, the new Myanmar Companies Law (MCL) was approved by the Myanmar Government. The MCL was drafted by the Department of Investment and Company Administration (DICA) of the Ministry of National Planning and Economic Development with the assistance of the Asian Development […]

Julia CharltonPartner, Charltons

The Hong Kong Trade Development Council discusses the ‘One Belt One Road’ initiative with Myanmar businesses and government officials

The Hong Kong Trade Development Council discusses the ‘One Belt One Road’ initiative with Myanmar businesses and government officials A delegation from The Hong Kong Trade Development Council (HKTDC) has met with businesses, investors and government departments in Myanmar. On 21 February officials from the HKTDC met officials from the Directorate of Investment and Company […]

Julia CharltonPartner, Charltons

New SFC Guidance on Licensed Intermediaries’ Suitability Obligations

SFC Issues New Guidance on Licensed Intermediaries’ Suitability Obligations Introduction The Securities and Futures Commission of Hong Kong (the SFC) has issued new guidance to SFC-licensed and registered persons providing guidance on their obligations to ensure the suitability of client recommendations and solicitations under the Code of Conduct for Persons Licensed by or Registered with […]

Julia CharltonPartner, Charltons

New SFC Measures to Increase the Accountability of Licensed Corporations’ Senior Management

1. Introduction The Securities and Futures Commission (SFC) issued a circular[1] to licensed corporations on 16 December 2016 setting out new measures increasing the accountability of their senior management and aimed at increasing awareness of senior management obligations under the regulatory framework. The new measures will come into effect on 18 April 2017. Key issues […]

Clinton MorrowPartner, Charltons

New SFC Measures to Increase the Accountability of Licensed Corporations’ Senior Management

1. Introduction The Securities and Futures Commission (SFC) issued a circular[1] to licensed corporations on 16 December 2016 setting out new measures increasing the accountability of their senior management and aimed at increasing awareness of senior management obligations under the regulatory framework. The new measures will come into effect on 18 April 2017. Key issues […]

Julia CharltonPartner, Charltons

New Responsibilities for SFC Licensed Corporations’ Senior Management

New SFC Measures to Increase the Accountability of Licensed Corporations’ Senior Management The Securities and Futures Commission (SFC) issued a circular to licensed corporations on 16 December 2016 setting out new measures increasing the accountability of their senior management and aimed at increasing awareness of senior management obligations under the regulatory framework. Read more… Hong […]

Julia CharltonPartner, Charltons

SFC Consults on Tightening Fund Manager Regulation and Disclosures

SFC Consults on Proposals to Tighten Regulation of Fund Managers and Point-of-sale Disclosure The Securities and Futures Commission (SFC) is consulting on proposals to tighten regulation of Hong Kong’s asset management industry as set out in its November 2016 Consultation Paper (the Consultation Paper). The aim of the reforms is the alignment of Hong Kong’s regulatory […]

Julia CharltonPartner, Charltons