Update on Insider Dealing

Update on Insider Dealing

Overview

Insider dealing can be a civil wrong or a criminal offence. Market regulators have adopted a zero-tolerance policy on insider dealing which has led to a number of criminal convictions and jail sentences. This course will refresh the elements of insider dealing under the Securities and Futures Ordinance (Cap.571) (“the SFO”), analyzes relevant cases in 2018 and considers its global development with practical tips against insider dealing for financial institutions and listed companies.

Objective

To enhance the understanding of the legal framework governing insider dealing under the SFO and review relevant cases in 2018 for a regulatory update on insider dealing. It will also explore global development in insider dealing.

Content

1. What is insider dealing?
2. What is the legal regime regulating insider dealing under the SFO?
3. Insider dealing cases in 2018 and their implications
4. Global development on insider dealing
5. Practical tips for internal control procedures against insider dealing

Who should attend

Senior management of listed companies, SFC licensees and ROs and financial services professionals

Speaker/Course Instructor

Donald LAI
Donald is now a Manager of the Enforcement Division of the Securities and Futures Commission (“SFC”), investigating insider dealing and other market misconducts cases. He specialises in securities law and is a contributor to the 2018 and 2019 editions of the SFO: Commentary and Annotations. He started his career in a Big 4 accounting firm and then spent most of his career in the SFC. He had work experience in regulatory compliance in a multinational bank and private legal practice in an international law firm. He is a solicitor, certified public accountant, and holds various professional qualifications in accounting, auditing and compliance.

Donald earned his first degree in business administration (majoring in accounting) in Canada. While working full-time, he obtained his LLB degree with first-class honours at the City University of Hong Kong and graduated from the LLM program in Corporate and Financial Laws with distinction at the University of Hong Kong.

Details

Code
TPRCR19008803
Date & Time
Monday, 2 Dec 2019 (6:30PM - 9:30PM)
Venue
HKSI Institute Training Centre
Language
Cantonese
Level
Intermediate
Hours
SFC:3.00, PWMA:3.00
Fees
All Member: HK$810
Staff of Corporate Member: HK$810
Non-Member: HK$1620