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Due Diligence Hong Kong Securities and Futures Commission (HKSFC)

Dechert LLP

Hong Kong Virtual Asset Fund Managers – Current State of Play

Dechert LLP on

The current regulatory requirements in Hong Kong with regards to managing funds that invest in "virtual assets" ("VA") can be summarized as follows – if an asset manager has a licence from the Hong Kong Securities and Futures...more

Skadden, Arps, Slate, Meagher & Flom LLP

Hong Kong Regulatory Update - July 2019

This edition provides an overview of key regulatory developments in the past three months relevant to companies listed, or planning to list, on The Stock Exchange of Hong Kong Limited (HKEx), and their advisers. In...more

Skadden, Arps, Slate, Meagher & Flom LLP

Hong Kong Regulatory Update - April 2019

This Hong Kong regulatory update provides an overview of key regulatory developments in the past three months relevant to companies listed (or planning to list) on The Stock Exchange of Hong Kong Limited (HKEx) and their...more

Latham & Watkins LLP

Recent SFC Enforcement Action: 5 Key Takeaways for Hong Kong IPO Sponsors

Latham & Watkins LLP on

Sponsors should maintain best practices in IPO engagements in light of increased enforcement action and regulatory scrutiny from the SFC. Key Points: ..In March 2019, the Hong Kong securities regulator, the Securities...more

Latham & Watkins LLP

The SFC’s Guidance on Corporate Transactions and the Use of Valuations

Latham & Watkins LLP on

The SFC has become increasingly concerned that some listed companies are acquiring or selling assets at improperly assessed prices, resulting in losses to listed companies and their shareholders. Summary - The...more

Akin Gump Strauss Hauer & Feld LLP

SFC Publishes Circulars and Updates FAQs on the Triggering of, and Compliance with, Suitability Obligations

Key Points - - Clarification and new guidance relating to suitability obligations under the Code of Conduct. - Outlines the regulatory obligations of licensed or registered persons....more

Dorsey & Whitney LLP

Hong Kong Securities Laws Violations: SFC’s Case Against Moody’s – Part 2

Dorsey & Whitney LLP on

On March 31, 2016, the Securities and Futures Appeals Tribunal (“SFAT”) upheld the disciplinary action of the SFC against Moody’s. This landmark decision is the first of its kind, as a disciplinary action brought by the...more

Dorsey & Whitney LLP

Can an Enforcement Standard be Discerned from the SFC’s Case Against Moody’s?

Dorsey & Whitney LLP on

The hearings have recently concluded in Moody’s appeal of the November 24, 2014 decision of Hong Kong Securities and Futures Commission (the “SFC”) to fine Moody’s HK$23 million for its release of a report applying a “red...more

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