Hong Kong SFC confirms enforcement priorities and approach following strategic review

In its recently relaunched Enforcement Reporter newsletter (see first issue), the Securities and Futures Commission (SFC) has confirmed that corporate fraud and misfeasance, anti-money laundering, Growth Enterprise Market companies and multiple intra-group failings are issues high on its agenda and will be pursued as a priority, as part of its shift towards a more targeted … Read more

High Court upholds shareholders’ rights to requisition company EGM

The Hong Kong High Court has rejected an attempt by the board of a company to prevent an extraordinary general meeting requisitioned by disgruntled shareholders seeking to replace a number of board members. In China Investment Fund Company Ltd v Guang Sheng Investment Group Ltd and Ors, the High Court refused the application by China … Read more