by Ashford Benjamin | Sep 17, 2018 | Uncategorized
Late last month, the Securities and Futures Commission (SFC) announced that agreement had been reached with the China Securities Regulatory Commission (CSRC) to implement the investor identification model for Stock Connect Northbound trading (NB Investor ID...
by Ashford Benjamin | Sep 4, 2018 | Uncategorized
Warning on the provision of margin financing in the guise of investments On 3 August 2018, the Securities and Futures Commission (SFC) issued a circular regarding arrangements which might involve a licensed corporation (LC) assisting unlicensed persons to...
by Ashford Benjamin | Sep 4, 2018 | Uncategorized
Background The Securities and Futures Commission said in a circular issued earlier this month that it believes some licensed corporations carrying out asset management may have assisted “unlicensed affiliates or third parties” to...
by Ashford Benjamin | Aug 27, 2018 | Uncategorized
Various changes to the Listing Rules and the Corporate Governance Code will come into effect on 1 January 2019. The changes are contained in the Exchange’s consultation conclusions regarding the Corporate Governance Code that were published on 27 July...
by Ashford Benjamin | Aug 27, 2018 | Uncategorized
December 2018 marks the third anniversary of the Hong Kong Competition Ordinance, which is set to be reviewed in terms of its effectiveness. In this article, we look at some recent developments that might be considered in the upcoming review. Private action for...
by Ashford Benjamin | Aug 14, 2018 | Uncategorized
Late last week, the HKMA announced that it had concluded a consultation on its intended approach to open application programming interface (API) for the Hong Kong banking sector, and had published its final framework...
