• The Stock Exchange of Hong Kong Limited Clarifies Listing Procedures, Electronic Document Requirements and Continuing Obligations for Listed Debt Issues to Professional Investors and to Public Investors
• Eastern Magistrates’ Court Convicts a Well-known Movie Producer and Former Pegasus Entertainment Chairman Wong Pak Ming of Insider Dealing
• China Securities Regulatory Commission Initiates Statutory Penalty Proceedings Against Tiger, Futu, and Longbridge for Unauthorized Cross-Border Financial Operations
• The Stock Exchange of Hong Kong Limited Clarifies ESG Reporting Code Expectations on Sustainability Assurance and Climate Related (IFRS S2 Aligned) Disclosures in FAQ 17.2 (Nos. 1–21)
• The Stock Exchange of Hong Kong Limited Sets out Adopted Rule Changes and Implementation Timetable Following Consultation on Enhancements to the Chapter 15A Structured Products Regime
• Hong Kong Exchanges and Clearing Limited Clarifies Expectations on the Appointment, Removal and Remuneration of Auditors under FAQ 16 (No. 5)
• Hong Kong Exchanges and Clearing Limited Provides Practical Guidance on Effective Risk Management and Internal Control Systems and Updates the Corporate Governance Guide for Boards and Directors
• The Uncertificated Securities Market Regime under the Securities and Companies Legislation (Amendment) Ordinance 2021 to be Implemented on November 16, 2026
• Hong Kong Securities and Futures Commission Publishes Circular on Tokenisation and Secondary Trading of Authorised Investment Products to Guide Digital Asset Markets
• Hong Kong Monetary Authority Grants Stablecoin Issuer Licenses to Anchorpoint Financial Limited and The Hongkong and Shanghai Banking Corporation Limited to Advance Digital Currency Regulation
• Hong Kong Insurance Authority Releases Provisional Statistics for 2025 to Provide Insurance Market Transparency
• Hong Kong Financial Services and the Treasury Bureau and Hong Kong Securities and Futures Commission Concludes Consultation on Virtual Asset Advisory and Management Regimes
Month: May 2026
The Era of Paperless Shares and Digital Governance: The Dual Infrastructure Reforms Shaping Listed Companies’ Obligations in 2026
Immediate Action Required in face of USM and IAP Deadlines
The two reforms launched by Hong Kong Exchanges and Clearing Limited (HKEX) this year impact all companies listed in Hong Kong and carry compliance deadlines. The “Uncertificated Securities Market” (USM) regime will officially take effect on November 16, 2026, alongside the simultaneous implementation of corresponding amendments to the Main Board Listing Rules (the “Listing Rules”); concurrently, the next-generation regulatory communication platform, “HKEX Issuer Access Platform” (“IAP” or “Issuer Access”), will accept registrations in phases starting from the second quarter of 2026, with full implementation expected by 2026.
20260529 The Era of Paperless Shares and Digital Governance