SFC Guidance on Disclosure by HKEx-listed Companies and to Licensed Fund Managers on Dubious Private Funds
On 21 November 2019, the Securities and Futures Commission (SFC) issued a Statement on the Disclosure of Actual Controllers or Beneficial Owners of Counterparties to a Transaction[1] and a Circular to Licensed Corporations regarding Dubious Private Fund and Discretionary Account Arrangements or Transactions.[2] Read More…