Financial Services Regulatory Update 2022/11/25

  • Takeovers Executive of Hong Kong Securities and Futures Commission Publishes New Practice Note 24 on the Appointment of Receivers and Liquidators and When to Commence Offer Periods
  • The Eastern Magistrates’ Court of Hong Kong Sentenced Mr. Wong King Hoi to Imprisonment for Obstruction of the Search Operation of the Securities and Futures Commission – First Such Imprisonment Case in Hong Kong
  • The Securities and Futures Commission of Hong Kong Publicly Criticizes Gold Dragon Worldwide Asset Management Limited for Breaches of Takeovers Code
  • The Securities and Futures Commission of Hong Kong Reprimands and Fines Swiss-Asia Asset Management (HK) Limited HK$3 Million for Internal Control Failings and Regulatory Breaches
  • The Stock Exchange of Hong Kong Limited Conducts Disciplinary Action against China Bright Culture Group (Stock Code: 1859) and Two Current and Former Executive Directors, Questioning the Commercial Rationale of the Harsh Termination Provisions of an Asset Management Agreement

PDF Version