SFC Reprimands and Fines HSBC HK$2.5 Million Over Regulatory Breaches Introduction The Securities and Futures Commission (SFC) has taken disciplinary action against The Hongkong and Shanghai Banking Corporation Limited (HSBC) pursuant to section 196 of the Securities and Futures Ordinance (Cap. 571)(SFO). Read more… Hong Kong Law Newsletter | Charltons
Shenzhen-Hong Kong Stock Connect Gets Green Light Introduction On 16 August 2016, the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) published a joint announcement (the Announcement) approving, in principle, the establishment of the Shenzhen-Hong Kong Stock Connect scheme. Read more… Hong Kong Law Newsletter | Charltons
SFC Publishes 2015 Fund Management Activities Survey The Securities and Futures Commission (SFC) has published its Fund Management Activities Survey for 2015. Each year, the SFC conducts a Fund Management Activities Survey that covers three types of firms in Hong Kong…Read more Hong Kong Law Newsletter | Charltons
We are delighted to announce that Gall has been shortlisted for awards in the following categories: Arbitration Law Firm of the Year BDO Limited Award Matrimonial Law Firm of the Year Boutique Law Firm of the Year Insolvency and Restructuring Law Firm of the Year Labour and Employment Law Firm of the Year Litigation Law […]
The Hong Kong International Arbitration Centre (“HKIAC”) has recently released two updated Practice Notes on costs of arbitration which came into effect on 1 June 2016 to supplement the provisions on costs under the 2013 HKIAC Administered Arbitration Rules (“Rules”). In addition to the administrative fees set out in Schedule 1 of the Rules, […]
Hong Kong And Russia Double Taxation Agreement Comes Into Force Introduction The Russia – Hong Kong agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income (‘Russia Hong Kong Double Tax Agreement’ or ‘Agreement’) signed on 18 January 2016 came into force on 29th of July […]
SFC Takeovers Bulletin No. 37 on Takeovers Code Breaches and Regulatory Reminders The Securities and Futures Commission published Takeovers Bulletin No. 37 in June 2016. The bulletin covers recent disciplinary actions for breaches of the following Takeovers Code provisions: the special deal requirements under Rule 25, the prohibition on offers above the offer price within […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Henry Yu of L & Y Law Office. Henry has joined IR as our Mergers & Acquisitions member in Hong Kong Mr. Henry Yu is one of the founding partners of L & Y Law Office. If you have a requirement in […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Ian See of Iam See & Co. Ian has joined IR as our exclusive Accounting Services member in Hong Kong. Ian See & Co focus on Auditing Service, Bookkeeping & Accounting, Corporate Secretarial Service, Corporate Taxation, Individual Taxation, Certified Public Accountant […]
Joint Consultation Paper Issued on Proposed Changes to Hong Kong Listing Regulation The Securities and Futures Commission (SFC) and the Stock Exchange of Hong Kong (the Exchange) have issued a joint consultation paper (Consultation Paper) on proposed changes to the decision-making and governance structure of the Exchange in relation to listing regulation. Under the proposed reforms, […]
HKEx Publishes Guidance for Offshore Retail Funds Applying to List in Hong Kong Introduction The Hong Kong Stock Exchange (the Exchange or SEHK) updated its Guidance Letter GL79-14 (GL79-14) on 10 June 2016 to add guidance for offshore funds applying to list under Chapter 20 of the Hong Kong Listing Rules. Read more Hong Kong […]
Hong Kong Stock Exchange Publishes New Guidance on IPO Vetting and Suitability for Listing The Hong Kong Stock Exchange (the Exchange) published new Guidance Letter HKEx-GL68-13A (the Guidance Letter) on 3 June 2016 setting out guidance on its approach to IPO vetting and suitability for listing. The guidance focuses on “shell” companies and calls sponsors’ attention to […]