by Ashford Benjamin | Jan 4, 2019 | Uncategorized
On 12 December 2018, the Securities and Futures Commission published the conclusions to its consultation on refinements to the over-the-counter derivatives regime and to require licensed corporations (“LCs”) to properly manage financial exposure to connected persons1....
by Ashford Benjamin | Jan 2, 2019 | Uncategorized
In an important development for the Hong Kong securities market, the Hong Kong Stock Exchange (HKEx) announced1 that it has reached an agreement with the Shanghai and Shenzhen Stock Exchanges to permit companies with dual-class share structures listed in Hong...
by Ashford Benjamin | Dec 28, 2018 | Uncategorized
The Securities and Futures Commission (SFC) issued its Consultation Conclusionson (1) the OTC derivatives regime for Hong Kong – Proposed requirements in relation to OTC derivative risk mitigation and client clearing; and (2) Proposed conduct requirements to...
by Ashford Benjamin | Dec 24, 2018 | Uncategorized
The Arbitration and Mediation Legislation (Third Party Funding) (Amendment) Ordinance 2017 (Amendment Ordinance) amends the Arbitration Ordinance (Cap. 609) and the Mediation Ordinance (Cap 620) to allow third party funding of arbitrations and mediations respectively....
by Ashford Benjamin | Dec 24, 2018 | Uncategorized
Overview In December 2017, the Council of the European Union (EU) identified certain ring-fencing features in Hong Kong’s profits tax exemption regime, which are considered discriminatory and isolated from the domestic economy. In order not to be labelled as a...
by Ashford Benjamin | Dec 20, 2018 | Uncategorized
Hong Kong Law: Year in Review 2018 and Year to Come 2019 summarises some of the major developments in Hong Kong last year, and a selection of key changes that we anticipate over the coming year. There are links to further reading, where available. “2018 saw a...
