Submissions on Corporate Finance-related Subjects

Since its formation, the Corporate Finance Committee (CFC) has reviewed and provided comments on a number of consultation documents, including:

 

Date of submissionSubject
15 December 2017HKEX - Consultation Paper on Proposed Changes to Documentary Requirements relating to Listed Issuers and Other Minor Rule Amendments
8 December 2017HKEX - Consultation Paper on Delisting and other Rule Amendments
30 November 2017HKEX - Consultation Paper on Capital Raisings by Listed Issuers
18 August 2017

HKEX - (i) New Board Concept Paper & (ii) Consultation Paper on Review of the Growth Enterprise Market (GEM) and Changes to the GEM and Main Board Listing Rules

4 October 2016SFC-HKEX - Consultation Paper on Proposed Enhancements to the Exchange's Decision-Making and Governance Structure for Listing Regulation
27 November 2014HKEx - Concept paper on Weighted Voting Rights
24 October 2014HKEx - Consultation paper on Review of Listing Rules on Disclosure of Financial Information with reference to the New Companies Ordinance and Hong Kong Financial Reporting Standards and Proposed Minor/Housekeeping Rule Amendments
31 July 2014FSTB - Consultation paper on Open-ended Fund Companies
26 February 2014

SFC – Consultation paper on amendments to the Code on Real Estate Investment Trusts

3 July 2013

HKEx – Consultation paper on review of connected transaction rules

3 July 2013HKEx – Consultation paper on proposed changes to align the definitions of connected person and associate in the Listing Rules
9 October 2012HKEx consultation on Rule Changes Consequential on the Enactment of the Securities and Futures (Amendment) Ordinance 2012
8 October 2012HKEx consultation on trading halts
27 July 2012SFC consultation on the regulation of sponsors
21 December 2011Bills Committee - Securities and Futures (Amendment) Bill 2011 (2nd submission)
10 October 2011Bills Committee - Securities and Futures (Amendment) Bill 2011
26 September 2011SFC consultation on proposed changes to the Codes on Takeovers and Mergers and Share Repurchases
7 March 2011HKEx – Consultation paper on proposed changes to requirements for the listing of debt issues to professional investors only
7 March 2011HKEx – Consultation paper on ex-entitlement trading and shareholder approval
23 February 2011SFC/HKEx – Joint consultation paper on proposed changes to property valuation requirements
21 December 2010SFC - Consultation paper on the regulatory framework for pre-deal research
23 November 2010SFC - Consultation paper on the evidential requirements under the Securities and Futures (Professional Investor) Rules
19 November 2010HKEx - Consultation paper on proposed changes to requirements for qualified property acquisitions and formation of joint ventures
12 November 2010HKEx - Consultation paper on proposed change to minimum number of shareholders for market capitalisation/revenue test
29 October 2010HKEx – Consultation paper on proposed changes to trading hours
20 July 2010FSTB/SFC - Consultation paper on the proposed statutory codification of certain requirements to disclose price sensitive information by listed corporations
18 December 2009HKEx - Consultation paper on proposed changes to the connected transaction rules
27 November 2009HKEx - Consultation paper on proposed changes to requirements for circulars and listing documents of listed issuers
5 October 2009HKEx – Consultation paper on proposals to accelerate rights issues and open offers
31 August 2009HKEx - Consultation Paper on Certified Emission Reduction ("CER") Futures
31 August 2009HKEx - Consultation Paper on proposed changes to filing and checklist requirements for listing of equity securities
2 June 2008SFC/HKEx - Joint Consultation Paper on the Proposal to Issue Paper Application Forms with Electronic Prospectuses
7 May 2008HKEx - Combined Consultation Paper on Proposed Changes to the Listing Rules
8 November 2007HKEx - Consultation Paper on the Growth Enterprise Market
7 August 2007SFC – Revised Regime to Giving Statutory Backing to Certain Listing Rule Requirements
27 April 2006HKEx – Discussion Paper on the Growth Enterprise Market
4 January 2006SFC – Consultation Paper on Possible Reforms to the Prospectus Regime in the Companies Ordinance
30 September 2005SFC – Consultation Paper on the Regulation of Sponsors and Compliance Advisers
3 June 2005HKEx – Consultation Paper on New Structure for Listing Decision-making (further submission)
14 May 2005SFC – Consultation Paper on Proposed Amendments to the Securities and Futures (Stock Market Listing) Rules
29 April 2005HKEx – Consultation Paper on New Structure for Listing Decision-making
21 March 2005FSTB – Consultation Paper on Proposed Amendments to the Securities and Futures Ordinance to Give Statutory Backing to Major Listing Requirements
18 March 2005SFC – Consultation Paper on the Review of the Disclosure of Interests Regime under Part XV of the Securities and Futures Ordinance

 

Prior to the establishment of the CFC, the Institute’s Expert Panel on Listing considered and submitted views on listing and related matters, including the consultations listed below. With the establishment of the CFC, the Expert Panel on Listing was subsumed under the new committee.

 

Date of submissionSubject
7 February 2005
SFC – Consultation Paper on a review of the Codes on Takeovers and Mergers and Share Repurchases
6 October 2004HKEx – Consultation Paper on Reduction of Minimum Spreads
8 June 2004HKEx – Consultation on the Draft Proposed Amendments to the Listing Rules relating to the Regulation of Sponsors and Independent Financial Advisers
15 December 2003HKEx – Consultation Paper on a Proposed Operational Model for a Scripless Securities Market
7 November 2003FSTB/SFC – Consultation Paper on Proposed Amendments to the Companies Ordinance to Facilitate Offers of Shares and Debentures (additional comments)
29 August 2003SEHK/SFC – Consultation Paper on the Regulation of Sponsors and Independent Financial Advisers
9 April 2003FSTB/SFC – Consultation Paper on Proposed Amendments to the Companies Ordinance to Facilitate Offers of Shares and Debentures
12 March 2003HKEx – Consultation Paper on Continuing Listing Criteria and Related Issues
30 October 2002HKEx – Consultation Paper on Proposed Amendments to the Listing Rules relating to Initial Listing and Continuing Listing Eligibility and Cancellation of Listing Procedures
31 July 2002SFC – Consultation Paper on the draft Securities and Futures (Miscellaneous) Rules
19 June 2002SFC – Consultation Paper on the Securities and Futures (Stock Market Listing) Rules and the Securities and Futures (Transfer of Functions - Stock Exchange Company) Order
15 April 2002HKEx – Consultation Paper on Proposals for a Scripless Securities Market