Hong Kong By Helen H. Chan, Westlaw Business

Regulators of the Hong Kong’s bourse have embarked on a mission to make over the city’s policies on corporate governance. Citing the still-felt effects of the global financial crisis, the Hong Kong Exchange and Clearing Limited (HKEx) previously acknowledged the need to further clarify and refine Hong Kong’s corporate governance framework for listed issuers in the jurisdiction. Putting its observations into action, the regulator recently commenced a public consultation, soliciting market opinion on proposed amendments to Hong Kong’s Code on Corporate Governance Practices and the Rules Governing the Listings of Securities. (more…)