Share This: Top stories HKEX consultation on revision of share schemes rules On 29 Oct 2021, HKEX published a consultation paper on proposed amendments to Listing Rules relating to share schemes. The consultation period will close after 31 December. (Press release; full document) Firstly, it seeks to extend Chapter 17 of the rules to share award […]
Share This: Top stories Market Misconduct Tribunal : what constitutes “relevant information” for insider trading In the latest case, MMT found that the specific information would not have “affected share price materially”. (Click for SFC press release; MMT report) Alleged events were the listed company’s experiencing tightening of bank facilities; a series of loans […]
Global Knowledge Getaway by The International Federation of Accountants (“IFAC”)
“Up-Close with Wendy Yung, Founder, Practising Governance”
Share This: Top stories HKEX : latest review of issuer financial reports; enforcement action interprets “financial assistance” HKEX published its 2015 financial statements review report, monitoring issuer compliance with disclosure requirements of Listing Rules and accounting standards. What you should know: MD&A should be “balanced” and more “entity-specific” Some non-HK incorporated issuers overlooked amended […]
Hong Kong Economic Journal – column (信報財經新聞 經管智慧 經管錦言)
“How to implement corporate governance”
(“公司管治 實踐有法”)
Hong Kong Economic Journal – finance page (信報財經新聞 財經版)
“Tone at the top dictates corporate governance development”
(“管理層心態左右企業管治”)
Hong Kong Economic Journal – column (信報財經新聞 年青有計)
“Experience sharing by Wendy Yung, expert in corporate governance”
(“良治專才 容韻儀分享心得”)
(also posted on: https://hkyaa.blogspot.hk/2015/11/blog-post_20.html)
Share This: Top stories Hong Kong’s new winding-up regime; COSO consults on revised ERM framework Companies (Winding Up and Miscellaneous Provisions)(Amendment) Ordinance 2016 has been gazetted, which aims at improving and modernizing Hong Kong’s corporate winding up regime. What you should know: Main objectives: to increase protection of shareholders; streamline the winding up process; and enhance integrity of the process […]
Share This: Top stories Competition Commission: first actions and emerging focus What you should know: “Bid-rigging” — the Commission found patterns consistent with bid-rigging in residential building renovation and maintenance market after analyzing tender records of selected public projects Launched publicity campaign against “bid rigging” Trade associations — the Commission intervened in “recommended retail price” […]
Share This: Top stories Disclosure of inside information: third SFC action and related HKEX developments SFC brought action against a company and its officers for late disclosure What you should know/watch out for: the third SFC action for disclosure of inside information nature: delay in disclosure — material deterioration in second-half (hence full-year) performance monthly management accounts relevant: […]