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China – CBIRC Publishes Framework Determining C-ROSS Reinsurance Risk Charges Applicable To Hong Kong Reinsurers

by Ashford Benjamin | Jul 27, 2018 | Uncategorized

On 17 July 2018, the China Banking & Insurance Regulatory Commission (CBIRC) published its framework for determination of re-insurance risk charges applicable under C-ROSS to transactions between domestic insurance companies and Hong Kong insurance companies...

Amended Hong Kong Takeover Rules Effective From 13 July 2018

by Ashford Benjamin | Jul 27, 2018 | Uncategorized

On 13 July 2018, the Securities and Futures Commission (SFC) released its conclusions on the consultation paper on proposed amendments to the Codes on Takeovers and Mergers and Share Buy-backs (Codes) published in January 2018 (see our previous client...

Hong Kong Stock Exchange Proposes Rule Changes To Tighten Regulation Of Backdoor Listing

by Ashford Benjamin | Jul 23, 2018 | Uncategorized

On 29 June 2018, The Stock Exchange of Hong Kong Limited (Exchange) published a consultation paper on backdoor listing, continuing listing criteria and other rule amendments, seeking market views on its proposed changes to the Listing Rules to address...

Hong Kong Domiciled Institutions Allowed To Advise Mainland Institutions On Southbound Stock Trading

by Ashford Benjamin | Jul 23, 2018 | Uncategorized

On June 29, 2018, the China Securities Regulatory Commission (“CSRC”) promulgated the Interim Provisions on Securities and Fund Operation Institutions’ Engagement of Hong Kong Domiciled Institutions to Provide Securities Investment Advisory Services (the “Interim...

Hong Kong’s Anti-graft Commissioner Warns Of Corruption On Belt And Road

by Ashford Benjamin | Jul 13, 2018 | Uncategorized

The head of Hong Kong’s Independent Commission Against Corruption (ICAC) has warned local investors to beware of rampant corruption in some Belt and Road countries. ICAC commissioner Simon Peh Yun-Lu pledged the support of the agency, one of the world’s...

Hong Kong – Construction Industry Comes Under Scrutiny By Competition Regulator

by Ashford Benjamin | Jul 13, 2018 | Uncategorized

Hong Kong’s Competition Ordinance came into full effect in December 2015. The law applies to all sectors of the economy and prohibits conduct which has the object or effect of harming competition in Hong Kong. The Competition Commission (Commission) is empowered to...
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