Front-loaded regulation: the implications for listed companies

Front-loaded regulation: the implications for listed companies

Timothy Loh, Managing Partner; and Greg Heaton, Senior Consultant; Timothy Loh LLP, argue that the new front-loaded regulation adopted by the Securities and Futures Commission (SFC) signals an increasing level of oversight and intervention by the SFC in the regulation...
Corporate governance: an overview

Corporate governance: an overview

Low Chee Keong FCIS FCS, Associate Professor in Corporate Law, CUHK Business School, provides a concise overview of three inter-related questions, namely, what is corporate governance, why is it important and where may it go from here. Academic research suggests that...
Assessing board performance: an  outcomes-based approach

Assessing board performance: an outcomes-based approach

Board evaluations have become an established part of board governance best practice around the world, but John Dinner, President, John T Dinner Board Governance Services, argues their ultimate value for organisations can be increased if an outcomes-based approach to...
AML/CFT: preparing for the new regime

AML/CFT: preparing for the new regime

Two new sets of anti-money laundering and counter-financing of terrorism (AML/CFT) legislation are due to be enacted in Hong Kong by 1 March 2018. Mohan Datwani FCIS FCS(PE), Senior Director and Head of Technical & Research, The Hong Kong Institute of Chartered...
Post Panama – the implications for CSPs

Post Panama – the implications for CSPs

Bryane Michael, Senior Fellow, Asian Institute for International Financial Law (AIIFL), Faculty of Law, The University of Hong Kong, looks at the implications for corporate service providers (CSPs) of the tougher regulatory requirements imposed on CSPs in the post...
CSj January 2018 (pdf version)

CSj January 2018 (pdf version)

Listing regulation – New proposals for Hong Kong Click the cover image below to view or download a pdf of the full...
Board building – Improving the effectiveness of your board

Board building – Improving the effectiveness of your board

CSj looks at some best practice recommendations on board governance, their possible applications in the local business environment of Hong Kong and the company secretary’s role in boosting the effectiveness of boards. Board governance – how complicated can it...
An independent view

An independent view

Many corporate governance systems around the world have put increasing reliance on the role of the independent director, but what is it like to perform this role? What makes a good independent director? What is the relationship between the company secretary and...
Embracing the new GRI standards

Embracing the new GRI standards

Tony Wong, Founder and GRI Nominated Trainer, Alaya Consulting Ltd, argues that the new Global Reporting Initiative Sustainability Reporting Standards launched in October 2016 provide a user-friendly structure for Hong Kong companies of all sizes to start or continue...
Mergers and acquisitions:  new guidance

Mergers and acquisitions: new guidance

A new HKICS guidance note seeks to bring some clarity to the complex due diligence required to successfully manage merger and acquisition transactions, and to highlight the role the company secretary can play in the process. Mergers and acquisitions (M&A) are...
Our mission, our road ahead

Our mission, our road ahead

A dinner was held in Beijing in November 2016 to celebrate the 20th anniversary of the establishment of The Hong Kong Institute of Chartered Secretaries (HKICS) Representative Office in Beijing. On behalf of HKICS Council, HKICS President Ivan Tam FCIS FCS, gave a...
CSj January 2017 (pdf version)

CSj January 2017 (pdf version)

Board building – Improving the effectiveness of your board Click the cover image below to view or download a pdf of the full...
Connected transactions – the compliance challenge

Connected transactions – the compliance challenge

Complex though they may be, Hong Kong’s connected transaction rules can be better understood if the basic principles behind the regulations are grasped. This month, CSj looks at the rationale behind the rules and at the role of the company secretary in ensuring...
Changes to payment regulations in Hong Kong

Changes to payment regulations in Hong Kong

Gabriela Kennedy and Karen Lee, Mayer Brown JSM, outline Hong Kong’s new regulatory regime for payment systems and stored value facilities. Mobile payments, digital wallets and contactless payments are easy and efficient methods for retail payment that are...
Risk management and corporate governance

Risk management and corporate governance

The winning paper in the Institute’s latest Corporate Governance Paper Competition argues that risk management is an essential part of a healthy corporate governance framework. In this second and final part of their article, the authors look at examples of best...
Clarifying Hong Kong's AML regime

Clarifying Hong Kong's AML regime

Mohan Datwani FCIS FCS (PE) Senior Director and Head of Technical & Research, HKICS, and Certified Anti-Money Laundering Specialist, looks at the background to two cases HKSAR v Salim Majed & Anor and HKSAR v Yeung Ka Sing, Carson, scheduled to be heard by...
Shareholders' rights:  an update

Shareholders' rights: an update

A new Court of Final Appeal ruling casts new light on the enforcement of shareholders’ rights in respect of a non-Hong Kong company which does not have a place of business in Hong Kong. In a shareholders’ dispute involving the affairs of a non-Hong Kong company, a...
Thoughts on poll voting

Thoughts on poll voting

Seaman Kwok, Head, Corporate Secretarial, Boardroom Corporate Services (HK) Ltd, and Director, Boardroom Share Registrars (HK) Ltd, argues that more flexibility should be given to listed companies to use the most appropriate voting method for passing resolutions at...
CSj January 2016 (pdf version)

CSj January 2016 (pdf version)

Connected transactions – The compliance challenge   Click the cover image below to view or download a pdf of the full...
New horizons

New horizons

In interview with CSj, the Institute of Chartered Secretaries and Administrators (ICSA) President Frank Bush FCIS discusses the new structure of ICSA Council and the organisation’s aspirations to become the leading global professional body in governance. ICSA...
Should Hong Kong permit weighted voting rights?

Should Hong Kong permit weighted voting rights?

CSj conducts an unofficial poll on the most hotly contested corporate governance issue in Hong Kong at the moment. A quarter of a century ago, the Hong Kong stock exchange came under pressure after three of the city’s most powerful conglomerates – Jardine...
Speaking out

Speaking out

In her keynote speech at this year’s ‘Asian Company Secretary of the Year’ awards, Edith Shih, Head Group General Counsel and Company Secretary at Hutchison Whampoa Ltd and HKICS Past President, highlighted the need for company secretaries to have...
Changing rules, changing roles – managing it all

Changing rules, changing roles – managing it all

The Institute’s corporate governance paper competition is run biennially in tandem with the Institute’s corporate governance conferences. This month, CSj publishes the second and final part of the winning paper in this year’s competition, in which...
The new Companies Ordinance: are you ready?

The new Companies Ordinance: are you ready?

The new Companies Ordinance, which comes into force in March this year, has been billed as an attempt to simplify, rationalise and deregulate our company law wherever possible. While the new ordinance certainly brings in a number of measures to this effect, there is a...
The new Companies Ordinance: your questions answered

The new Companies Ordinance: your questions answered

What are the qualifying criteria for companies to prepare simplified financial statements and reports under the new Companies Ordinance? Under what circumstances may an AGM be dispensed with? These are some of the many questions posed by attendees at a recent HKICS...
The road north / 專業服務北上之路

The road north / 專業服務北上之路

As a result of rapid economic development in Mainland China, there is a huge demand for professional service providers. This is good news for professionals, company secretaries among them, particularly those based in Hong Kong. Lau Ping Cheung, Chairman of the Hong...
The Alibaba decision: the implications for Hong Kong

The Alibaba decision: the implications for Hong Kong

David Neuville and Joseph Lee, Cadwalader, Wickersham & Taft LLP in association with Joseph PC Lee & Associates, assess the implications of the Stock Exchange of Hong Kong decision to reject the proposal by the Alibaba Group to list in Hong Kong with a...
Does more disclosure mean better governance?

Does more disclosure mean better governance?

The Institute’s Corporate Governance Paper Competition is held annually to raise awareness of corporate governance issues among local undergraduates. This year’s competition was held on the theme ‘Corporate governance means more reports and...

Ask the Expert January 2014

Q:  What are the key changes in the new Hong Kong Companies Ordinance (CO) effective 1 March 2014 regarding listed companies’ share registers? A:  From a registry perspective, the following are the key changes brought about by the new CO: 1. Adoption of mandatory no...
CSj January 2014 (pdf version)

CSj January 2014 (pdf version)

The new Companies Ordinance – Are you ready? Click the cover image below to view or download a pdf of the full...
The year ahead – A compliance primer for 2013

The year ahead – A compliance primer for 2013

2012 was a momentous year for company secretaries in Hong Kong. In the wake of the dragon’s passing, CSj assesses the implications going forward of the major corporate governance reforms and professional developments of last year. One thing is very clear, all...
Company secretaries, compliance and the Competition Ordinance

Company secretaries, compliance and the Competition Ordinance

Hong Kong’s new Competition Ordinance was enacted in June last year and is expected to come into force late this year or early 2014. Mark Williams, Professor of Law, Hong Kong Polytechnic University, looks at the compliance implications of the Ordinance for...

Ask the Expert January 2013

Q: My company is a listed company in Hong Kong and I would like to know whether we can use solely electronic means to communicate with shareholders? Since December 2010, Hong Kong incorporated companies have been able to communicate electronically with their...
CSj January 2013 (pdf version)

CSj January 2013 (pdf version)

The year ahead – A compliance primer for 2013. Click the cover image below to view or download a pdf of the full...