Search results

On 26 April 2013, The Stock Exchange of Hong Kong Limited (the Exchange) published two sets of consultation papers on reforming the connected transaction rules.

On 15 May 2013, the Securities and Futures Commission (SFC) published a Consultation Paper on the Proposed Amendments to the Professional Investor Regime and the Client Agreements Requirements (Consultation Paper). Amongst other things, the SFC revisits the...

Clifford Chance, in conjunction with the Asia Securities Industry & Financial Markets Association (ASIFMA), has conducted a survey of eight key Asian jurisdictions to obtain an overview of the insolvency regimes and resolution powers available in relation...

High yield bonds have become increasingly attractive to sponsors in financings and, most importantly, refinancings. Sustained liquidity and growing investor demand, coupled with the reduced availability of new M&A credits, has driven the inclusion of flexible...

In a landmark ruling on 30 April 2013, Hong Kong’s Court of Final Appeal (CFA) dismissed Tiger Asia Management LLC’s (Tiger Asia) appeal brought against the Hong Kong Securities & Futures Commission (SFC), in which Tiger Asia, an off-shore hedge...

On 22 April 2013, the Ministry of Commerce of the People's Republic of China (MOFCOM) gave conditional approval to the acquisition of 100% of Gavilon Holdings, LLC by Marubeni Corporation. As with the recent conditional clearance of the Glencore/Xstrata merger,...

In the recent judgment of DBS Bank (Hong Kong) Ltd v San-Hot HK Industrial Company Ltd & HAO Ting, HCA 2279A/2008, released on 13 March 2013, Hong Kong's Court of First Instance (the CFI) has found in favour of DBS Bank (Hong Kong) Ltd (DBS), awarding...

International regulators have now published a ‘near-final’ policy framework setting minimum standards for margin requirements for uncleared derivatives. “Margin requirements for non-centrally cleared derivatives - Second consultative document”...

The Asia Pacific region remained a hotspot for US anti-corruption enforcement authorities in 2012. Six of the twelve corporate Foreign Corrupt Practices Act (FCPA) settlement agreements in the past year involved business operations in that region. In addition...

On 12 December 2012, the Hong Kong Securities and Futures Commission published its consultation conclusions on enhancing the regulatory regime of sponsors.  In this briefing, we discuss certain selected changes and proposals which may have a more profound...