by Ashford Benjamin | Nov 5, 2018 | Uncategorized
On 15 October, 2018, the Hong Kong Competition Commission (“Commission”) published a decision (“Decision”) finding that the Code of Banking Practice (“Code”) is not excluded from the application of the First Conduct Rule under the Competition Ordinance (“Ordinance”)....
by Ashford Benjamin | Oct 31, 2018 | Uncategorized
The Hong Kong Competition Commission has recently published its first decision on the exclusion of the competition rules under the Competition Ordinance. The Commission found that the Code of Banking Practice is not excluded from the prohibition...
by Ashford Benjamin | Oct 31, 2018 | Uncategorized
In the Court of Appeal (CA) decision of Securities and Futures Commission v Cheng Chak Ngok (CACV 95/2017; [2018] HKCA 590), the less disputed element of insider dealing, namely the element of “dealing” was at issue. As there was no direct evidence...
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...
