SEHK Suspends Trading in Hong Kong Listed Company Pursuant to SFC’s Directions
On 15 April 2024, SEHK suspended trading in Tianyun International Holdings shares following SFC directions to protect investors amid regulatory concerns.
Research Team
The Dual Licensing Regime for Virtual Asset Trading Platforms in Hong Kong – Part 3
This alert continues to explore Hong Kong's Dual Licensing Regime for Virtual Asset Trading Platforms, focusing on key compliance aspects, investor protections, and regulatory consequences under the VATP Guidelines.
Hong Kong SFC issues circular on the use of generative AI language models
The Hong Kong SFC issues guidelines for licensed corporations on responsible use of generative AI language models, emphasizing risk management, compliance, and investor protection.
ICMA Working Group to Develop Voluntary Code of Conduct for Hong Kong ESG Ratings
ICMA forms a working group with Bloomberg, Fidelity, and asset managers to create a voluntary code of conduct for Hong Kong ESG ratings and data providers, promoting best practices and transparency.
SFC and HKEX Release Joint Statement on Enhanced Time Frame for New Listing Application Process
The SFC and HKEX issued a joint statement enhancing the timeframe for new listing applications to improve transparency, efficiency, and Hong Kong's appeal as a premier international listing venue.
Hong Kong Regulators Update Guidance for Intermediaries’ Virtual Asset-related Activities
On 20 October 2023, HKMA and SFC issued updated guidance for intermediaries on virtual asset activities, covering distribution, dealing, advisory, and asset management services to enhance regulatory clarity and investor protection.
HKEx and SFC Cooperate in Enforcement Action Against Former Directors of Listed Company
HKEx and SFC jointly disciplined two former GEM-listed company directors for misappropriating funds during the listing process, highlighting enhanced regulatory coordination in Hong Kong.
Key Regulatory Updates for Hong Kong Listed Companies - September/October 2024
Hong Kong regulators released an information paper on implementing an uncertificated securities market and a joint announcement enhancing the timeframe for new listing applications, improving market efficiency.
JPEX Is Test Case for Hong Kong’s New Regulatory Regime for Virtual Asset Exchanges
Hong Kong regulators have initiated criminal enforcement against virtual asset platform JPEX, marking the first test of the city’s new crypto licensing regime and clarifying regulatory expectations.
Hong Kong Regulatory Update - April 2023
Overview of key regulatory developments in Q1 2023 for HKEx-listed companies, covering Listing Rules amendments, guidance, announcements, and enforcement news from HKEx and SFC.