Singapore Exchange Introduces SPAC Listing Framework

On 2 September 2021, the Singapore Exchange (SGX) announced1 new rules to enable Special Purpose Acquisition Companies (SPACs) to list on the Mainboard of Singapore Exchange Securities Trading Limited (SGX Mainboard). The rules took effect on 3 September 2021, making the SGX the first exchange in Asia to allow SPAC listings. Singapore first considered allowing […]

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SFC Publishes Q2 2021 Report

On 17 August 2021, Hong Kong’s Securities and Futures Commission (the SFC) published its quarterly report1 for the period April to June 2021. The main highlights include: Listing and Takeovers – a total of 120 new listing applications (five from companies with weighted voting rights (WVR) structures and 14 from pre-revenue biotech companies) were vetted […]

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HKEx Listing Rule Changes on Disciplinary Powers and Sanctions

To register, please click here. Speaker Julia Charlton – Partner, Charltons For Hong Kong solicitor / trainee solicitor participants you are entitled to claim one CPD point upon completion of the webinar. About the Webinar The webinar will cover the following topics and participants may enrol via the registration page. Disciplinary structures or procedures of the HKEx Sources of […]

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SFC Concludes on Hong Kong Investor Identification Regime and OTC Securities Transactions Reporting Regime

On 10 August 2021, the Hong Kong Securities and Futures Commission (“SFC”) published its Consultation Conclusions1 on its proposals to introduce (1) an investor identification regime for the Hong Kong securities market (“HKIDR”) and (2) an over-the-counter securities transactions reporting regime (“OTCR”) for shares listed on the Stock Exchange of Hong Kong (“HKEX”). The introduction […]

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SFC Concludes on Hong Kong Investor Identification Regime and OTC Securities Transactions Reporting Regime

On 10 August 2021, the Hong Kong Securities and Futures Commission (“SFC”) published its Consultation Conclusions1 on its proposals to introduce (1) an investor identification regime for the Hong Kong securities market (“HKIDR”) and (2) an over-the-counter securities transactions reporting regime (“OTCR”) for shares listed on the Stock Exchange of Hong Kong (“HKEX”). The introduction of these […]

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Implementation of Hong Kong-Thailand Mutual Recognition of Funds Scheme

On 17 June 2021, the Securities and Futures Commission (the SFC) and the Securities and Exchange Commission of Thailand (the SEC) announced that the Hong Kong-Thailand Mutual Recognition of Funds scheme (the MRF) had come into force. The scheme is governed by the Memorandum of Understanding concerning Mutual Recognition of Covered Funds and Covered Management […]

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FSTB Concludes Consultation on Registration Regime for Dealers in Precious Metals and Stones

On 21 May 2021, Hong Kong’s Financial Services and Treasury Bureau (the FSTB) published its Consultation Conclusions on legislative proposals to enhance anti-money laundering and counter-terrorist financing (AML/CTF) regulations in Hong Kong1 (Consultation Conclusions) in respect of Hong Kong dealers in precious metals and stones (DPMS). These Consultation Conclusions are made in response to the […]

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FSTB Concludes Consultation on Registration Regime for Dealers in Precious Metals and Stones

On 21 May 2021, Hong Kong’s Financial Services and Treasury Bureau (the FSTB) published its Consultation Conclusions on legislative proposals to enhance anti-money laundering and counter-terrorist financing (AML/CTF) regulations in Hong Kong1 (Consultation Conclusions) in respect of Hong Kong dealers in precious metals and stones (DPMS). These Consultation Conclusions are made in response to the […]

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Court Rejects Judicial Review Application to Challenge HKEX Delisting

On 26 February 2021, the High Court dismissed the application by Bolina Holding Co., Ltd. (Bolina) for leave to apply for judicial review of the decision of the Listing Review Committee of the Stock Exchange of Hong Kong Limited (HKEX) on 4 November 2020 to cancel the company’s listing for failure to satisfy the conditions […]

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Court Rejects Judicial Review Application to Challenge HKEX Delisting

On 26 February 2021, the High Court dismissed the application by Bolina Holding Co., Ltd. (Bolina) for leave to apply for judicial review of the decision of the Listing Review Committee of the Stock Exchange of Hong Kong Limited (HKEX) on 4 November 2020 to cancel the company’s listing for failure to satisfy the conditions […]

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HKEx Listing Rule Changes on Disciplinary Powers and Sanctions effective 3 July 2021

On 20 May 2021, the Stock Exchange of Hong Kong Limited (the HKEx) published conclusions to its consultation on review of the Listing Rules relating to disciplinary powers and sanctions1 (the Consultation Conclusions). The HKEx received diverse views, with a majority of respondents agreeing with most of the proposed changes to the HKEx’s disciplinary regime. […]

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HKEx Listing Rule Changes on Disciplinary Powers and Sanctions effective 3 July 2021

On 20 May 2021, the Stock Exchange of Hong Kong Limited (the HKEx) published conclusions to its consultation on review of the Listing Rules relating to disciplinary powers and sanctions1 (the Consultation Conclusions). The HKEx received diverse views, with a majority of respondents agreeing with most of the proposed changes to the HKEx’s disciplinary regime. […]

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