Regulatory Update Series: Corporate Regulation – A Regulatory Balancing Act
Headlines such as “Worse than Hanergy? Goldin, you should be ashamed” and “The World’s Best IPO Has Gained 6,000%, But Analysts Say Stay Away” have done little to boost Hong Kong’s reputation as an international capital market.
The introduction of the statutory inside information disclosure regime and the heightened focus on corporate behaviour, leading to announcements like the joint statement on Growth Enterprise Market (GEM) placings, has increasingly put the Securities and Futures Commission (SFC) in the public eye. Mike Duignan, a Senior Director in the Corporate Finance Division will be talking about the efforts made by the SFC to improve corporate behaviour and running through some of the relevant enforcement outcomes.