Compliance, Legislative & Regulatory Standards

[Classroom] Update on Insider Dealing 2022

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 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 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. Recent insider dealing cases 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 a solicitor, certified public accountant and chartered company secretary. Before working as a regulatory legal counsel of a financial institution, he was a veteran regulator. Donald earned two undergraduate and two post-graduate degrees in accounting and law from universities in Canada, Hong Kong, and the UK. Donald specialises in securities laws. He was a part-time lecturer of Baptist University responsible for teaching “Securities Regulation” to post-graduate students. He is one of the contributing editors of the 2018 and 2019 editions of the SFO: Commentary and Annotations.

Details

Code
TPRCR22008801
Date & Time
Friday, 11 Nov 2022 (6:30PM - 9:30PM)
Venue
HKSI Institute Training Centre
Relevant Subject
Type 1 - Dealing in securities
Type 2 - Dealing in futures contracts
Type 3 - Leveraged foreign exchange trading
Type 4 - Advising on securities
Type 5 - Advising on futures contracts
More
Language
English
Hours
SFC:3.00, PWMA:3.00
Fees
All Member: HK$810
Staff of Corporate Member: HK$810
Non-Member: HK$1620
Student Member (UHKSI): HK$405