Hong Kong Regulatory Newsletter

This issue of Sidley’s Hong Kong Regulatory Newsletter discusses recent regulatory and enforcement developments affecting entities that conduct regulated activities in Hong Kong.In this issue, we cover: Civil liability facing executive directors for serious conflicts of interestCriminal prosecution facing executives for inflating revenue and profit figuresThe largest civil penalties imposed on senior executives, including non-directorate staffInescapable personal liability facing executives for late disclosures under Part XIVAThe newsletter also provides an analysis of current enforcement trends as well as the SFC’s public warning to asset managers involved in “improper” activities.

Sidley Austin LLP provides this information as a service to clients and other friends for educational purposes only. It should not be construed or relied on as legal advice or to create a lawyer-client relationship.

Attorney Advertising - For purposes of compliance with New York State Bar rules, our headquarters are Sidley Austin LLP, 787 Seventh Avenue, New York, NY 10019, 212.839.5300; One South Dearborn, Chicago, IL 60603, 312.853.7000; and 1501 K Street, N.W., Washington, D.C. 20005, 202.736.8000.

Click here to download the newsletter.