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Takeovers Panel rules the Codes apply to SouthGobi Resources Limited

Takeovers Panel rules the Codes apply to SouthGobi Resources Limited

by cladmin | Jul 29, 2014 | Hong Kong Law

Download the PDF Download the Word Timeline The Decision Reasons for the Decision The Takeovers and Mergers Panel (the Panel) has ruled that SouthGobi Resources Limited (SouthGobi) should be considered a ‘public company in Hong Kong’ under the Codes on Takeovers...
SFC Proposes Additional Exemptions from Part XV Disclosure Requirements

SFC Proposes Additional Exemptions from Part XV Disclosure Requirements

by cladmin | Jul 7, 2014 | Hong Kong Law

Download the PDF Download the Word Current Guidelines Amendments to the Guidelines Consultation and Proposed Implementation The Securities and Futures Commission (SFC) is proposing to add two more categories of exemptions from the disclosure-of-interests requirement...
SFC Publishes Assessment Questions for Effective Business Continuity Plans

SFC Publishes Assessment Questions for Effective Business Continuity Plans

by cladmin | Jul 2, 2014 | Hong Kong Law

Download the PDF Download the Word Introduction Assessment of business continuity plans Introduction The Licensing Department of the Securities and Futures Commission (the SFC) has issued a circular (see archive) to licensed corporations containing a...
The Exchange Consults on Internal Controls Section of the Corporate Governance Code

The Exchange Consults on Internal Controls Section of the Corporate Governance Code

by cladmin | Jun 30, 2014 | Hong Kong Law

Download the PDF Download the Word The Proposals A. Risk management and internal control B. Responsibilities of the board and management C. Annual review and disclosure in the Corporate Governance Report D. Internal audit E. Audit Committee’s role The Stock Exchange...
PRC Ministry of Finance Releases Draft Regulations on Cross-Border Audit Services

PRC Ministry of Finance Releases Draft Regulations on Cross-Border Audit Services

by cladmin | Jun 13, 2014 | Hong Kong Law

Download the PDF Download the Word Introduction Background to the Provisional Regulations The news rules contained in the Provisional Regulations Introduction On 21 April 2014, the Accounting Division of the Ministry of Finance (MOF) released for consultation...
Hong Kong Stock Exchange Publishes Guidance Letter on Reverse Takeover Rules

Hong Kong Stock Exchange Publishes Guidance Letter on Reverse Takeover Rules

by cladmin | Jun 12, 2014 | Hong Kong Law

Download the PDF Download the Word A) Introduction B) Relevant Rules C) Guidance on the Application of the RTO Rules D) Further Guidance on the Criteria under the Principle Based Test E) Documentary Requirements for VSA or RTO F) Disclosure in Circulars G) Disclosure...
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