In a surprising change of direction, the SFC has discarded plans to amend Hong Kong’s companies legislation to make it clear that sponsors of IPOs have statutory prospectus liability.
S...
The Chinese government has substantially beefed up its anti-corruption enforcement in recent years, resulting in arrests and trials of high-level state officials and prominent executives ...
The U.S. Court of Appeals for the Eleventh Circuit has defined, for the first time by a federal appellate court, a key statutory term in the U.S. Foreign Corrupt Practices Act (“FCPA”...
Continuing a flurry of recent enforcement activity under the U.S. Foreign Corrupt Practices Act (“FCPA”), the U.S. Department of Justice (“DOJ”) has brought criminal charges again...
On March 6, the United States District Court for the District of Columbia granted a motion to compel the production of documents arising from defendants’ internal compliance investigati...
On 23 July 2013, the Stock Exchange of Hong Kong Limited released a large number of amendments to the Rules Governing the Listing of Securities on the Exchange, revised checklists, guidan...
Since Hong Kong’s statute-backed inside information disclosure regime saw the light of day on January 1 2013, the market has been trying to acclimatize to it. Senior managers of Hong Ko...
On 23 July 2013, the Hong Kong Stock Exchange released a large number of listing rule amendments, revised checklists, guidance materials and templates.
Subject to certain transitional pr...
Court of Final Appeal decision endorses representative securities claims brought by the SFC to compensate aggrieved investors
Litigation to compensate investors for alleged breaches of se...
