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...
by Ashford Benjamin | Aug 14, 2018 | Uncategorized
The Stock Exchange has issued its consultation conclusions on proposed amendments to the corporate governance regime for listed issuers and their directors. Market feedback was supportive and the Stock Exchange will proceed with its proposed rule changes,...
by Ashford Benjamin | Aug 13, 2018 | Uncategorized
Introduction The Securities and Futures Commission (“SFC”) has on 5 July 2018 commenced a one-month consultation (the “Consultation Paper”) on proposals to amend (a) the Guideline on Anti-Money Laundering and Counter- Terrorist Financing (the “AML Guideline”),...
by Ashford Benjamin | Aug 8, 2018 | Uncategorized
1. Domestic bribery (private to public) 1.1 Legal framework In Hong Kong, corruption and bribery constitute the same offense. The offense is governed by the Prevention of Bribery Ordinance (Chapter 201 of the Laws of Hong Kong Special...
by Ashford Benjamin | Aug 7, 2018 | Uncategorized
On 13 July 2018, the Securities and Futures Commission (SFC) released its Consultation Conclusions (the “Conclusions”) on proposed amendments to the Codes on Takeovers and Mergers and Share Buy-backs (the “Codes”, each a “Code”)....
by Ashford Benjamin | Aug 7, 2018 | Uncategorized
On 16 July 2018, the Financial Stability Board (FSB) published a report to the G20 on its work with the Committee on Payments and Market Infrastructures (CPMI) to develop a framework and identify metrics for the monitoring of financial stability risks posed...
