News & Analysis as of

Hong Kong Code of Conduct

Latham & Watkins LLP

Hong Kong Publishes Code of Conduct for ESG Ratings and Data Products Providers

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On October 6, 2024, the Hong Kong Code of Conduct for ESG Ratings and Data Products Providers (VCoC) was published to establish and promote a consistent, interoperable, and proportionate voluntary code for providers offering...more

BCLP

Comments from HK LegCo Members Regarding the Security of Payment Bill

BCLP on

On 21 June 2024, the Hong Kong LegCo Bills Committee which is considering the Construction Industry Security of Payment Bill (“Bill”) held a meeting to discuss various policy concerns of the Bill....more

Ius Laboris

Hong Kong: Think twice before filing an employment claim directly to the High Court

Ius Laboris on

Under Hong Kong’s court rules, the Labour Tribunal has exclusive jurisdiction over claims for money damages arising from an employment contract or the Employment Ordinance. A recent decision highlights the pitfalls in...more

Cadwalader, Wickersham & Taft LLP

ICMA Working Group to Develop Voluntary Code of Conduct for Hong Kong ESG Ratings

On October 31, 2023, the International Capital Market Association (ICMA) announced that it would be forming a working group to develop a voluntary code of conduct for Hong Kong-based ESG ratings and data providers. ICMA will...more

Latham & Watkins LLP

Hong Kong Regulators Announce Streamlined Approach to Dealing With Sophisticated Professional Investors

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The HKMA and the SFC permit relaxation of suitability and other regulatory requirements while dealing with high-net-worth and experienced investors. On 28 July 2023, the Hong Kong Monetary Authority (HKMA) and the...more

Latham & Watkins LLP

Hong Kong’s Listing Rules Amendments Relating to Bookbuilding and Placing Activities in ECM Transactions

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Intermediaries in bookbuilding and placing activities should prepare for the new rules, which will take effect on 5 August 2022. The Securities and Futures Commission of Hong Kong (SFC) published the “Consultation...more

Akin Gump Strauss Hauer & Feld LLP

SFC Issues Consultation Conclusions on the Management and Disclosure of Climate-related Risks by Fund Managers

Key Points - The Fund Manager Code of Conduct will be amended to require fund managers managing collective investment schemes to take climate-related risks into consideration in their investment and risk management...more

Latham & Watkins LLP

Hong Kong Securities and Futures Commission Publishes Consultation Paper on Bookbuilding, Placing Activities and Sponsor Coupling

Latham & Watkins LLP on

The paper proposes standards of conduct for intermediaries involved in bookbuilding and placing activities in ECM and DCM transactions. On 8 February 2021, the Securities and Futures Commission of Hong Kong (SFC)...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

Cadwalader, Wickersham & Taft LLP

What You Need to Know About Hong Kong Competition Law (Part 2) - The First Conduct Rule

The implementation of the new Competition Ordinance (Chapter 619 of the Laws of Hong Kong) (the Competition Ordinance) on 14 December 2015 will mark the first time that Hong Kong has a general and cross-sector competition...more

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