by Ashford Benjamin | Oct 29, 2018 | Uncategorized
On 4 October 2018, the Securities and Futures Commission (SFC) published its Consultation Conclusions on Offline Requirements Applicable to Complex Products (Conclusions). The consultation, which was launched on 28 March 2018, focused on proposed...
by Ashford Benjamin | Oct 29, 2018 | Uncategorized
On 21 September 2018, the SFC announced its strategic framework for the development of green finance in Hong Kong. According to the SFC, “Globally, green finance has gathered momentum since the 2015 Paris Agreement on climate change, which calls for...
by Ashford Benjamin | Oct 26, 2018 | Uncategorized
It is the policy of the Hong Kong Courts to give finality to arbitral awards. Parties may opt into Schedule 2 (Schedule 2) of the Arbitration Ordinance if they want to retain their right to appeal against an arbitral award on a question of law. An applicant has...
by Ashford Benjamin | Oct 26, 2018 | Uncategorized
On 12 October 2018, the SFC issued the Consultation Conclusions on Proposed Amendments to the (1) Guideline on Anti-Money Laundering and Counter-Terrorist Financing (Current Guideline) and (2) Prevention of Money Laundering and Terrorist...
by Ashford Benjamin | Oct 18, 2018 | Uncategorized
On 10 October 2018, the Chief Executive Carrie Lam released the 2018 Policy Address, in which she put forward various proposals which aim to benefit employees in Hong Kong. A. Abolition of the MPF offsetting mechanism In the 2018...
by Ashford Benjamin | Oct 12, 2018 | Uncategorized
The SFC and the UK’s Financial Conduct Authority (FCA) issued a memorandum of understanding on 8 October 2018 establishing a bilateral framework for mutual recognition of cross-border fund offerings to retail investors in the UK and Hong Kong (UK-HK MRF)....
