This Sidley Newsletter addresses the following developments in the regulation of Hong Kong’s financial markets:
- The Securities and Futures Commission imposes stiff penalties for delayed reports of misconduct.
- The Securities and Futures Appeals Tribunal (SFAT) declines to shift blame up to senior management or down toward employees in regards to responsible officers.
- SFAT also upheld investors’ rights to mediate eligible claims against investment advisers.
The Newsletter also provides an analysis of current enforcement trends and practical tips for market participants.
If you have any questions regarding this Sidley Newsletter, please contact the Sidley lawyer with whom you usually work or
+852 2509 7650
| Effie Vasilopoulos
+852 2509 7860
| Dominic James
+852 2509 7834
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