HKEx Consults on Listing Rule Amendments to Increase its Disciplinary Powers and Sanctions

Altug GuzeldereManaging Partner, Guzeldere & Balkan Law Firm

The Hong Kong Stock Exchange (HKEx) is consulting on amendments to the HKEx Listing Rules to increase its disciplinary and sanctioning powers under Chapter 2A of the Main Board Listing Rules and Chapter 3 of the GEM Listing Rules. The HKEx’s Consultation Paper on Review of Disciplinary Powers and Sanctions[1] was published on 7 August 2020 seeking comments on a number of proposals including the ability for HKEx to sanction individuals responsible for listed companies’ breach of the HKEx Listing Rules. Read More…