GDPR compliance: a marathon not a sprint

GDPR compliance: a marathon not a sprint

Chadi Hantouche, Head of Cybersecurity and Digital Trust Asia-Pacific, Wavestone, offers advice on how to prioritise compliance objectives in the run-up to the implementation of the EU’s new General Data Protection Regulation, which becomes effective in May this year....
The ethics of data privacy

The ethics of data privacy

In the emerging data privacy landscape in Hong Kong, Stephen Kai-yi Wong, Privacy Commissioner for Personal Data, argues that a consideration of ethics is just as important as adherence to the law. Thanks for giving us this interview. The landscape for data privacy in...
Pitfalls of non-compliance – A new landscape for listed companies

Pitfalls of non-compliance – A new landscape for listed companies

In a follow-up to their cover story last month on the Securities and Futures Commission’s new ‘front-loaded’ approach to regulation, Timothy Loh, Managing Partner; and Greg Heaton, Senior Consultant; Timothy Loh LLP, look at what this new regulatory...
Blockchain for good?

Blockchain for good?

Christine Chow, Director – Engagement, Hermes Investment Management, looks at applications of blockchain technology for responsible supply chain management. Following the launch of Bitcoin futures on 10 December 2017, it seems an opportune time to look into the...
Cross-border insolvency law

Cross-border insolvency law

Alexander Tang, Senior Associate, Stephenson Harwood, looks at recent developments in cross-border insolvency law adopted by the Hong Kong judiciary to overcome the deficiencies in our outdated insolvency legislation. There are an increasing number of cross-border...
Can the board remove a director or an auditor?

Can the board remove a director or an auditor?

The usual mechanism for the removal of a director or an auditor is by ordinary resolution of members at a general meeting. Dr Davy Wu, Senior Lecturer, Hong Kong Baptist University, looks at whether the board of directors can do the same without a resolution by...
CSj February 2018 (pdf version)

CSj February 2018 (pdf version)

Privacy compliance – A marathon not a sprint Click the cover image below to view or download a pdf of the full...
Governance perspectives

Governance perspectives

Corporate governance practices vary internationally, but is a global consensus emerging on corporate governance best practice? Moreover, how will the changing attitudes to governance affect the company secretary role? Edward Speed, the London-based Chairman; and Alice...
Thailand: building the foundations of the profession

Thailand: building the foundations of the profession

CSj interviews Pensri Suteerasarn, President of the Thai Listed Companies Association, on the latest initiatives in Thailand to strengthen the local corporate secretarial profession. Thanks for giving us this interview, can we start with some background about...
Enforcement focus

Enforcement focus

Thomas Atkinson, who took up his appointment as Executive Director of Enforcement at the Securities and Futures Commission (SFC) in May last year, gives an overview of the SFC’s enforcement priorities going forward. Ever since I started my challenging new role...
Misleading the market: an analysis of the Citron Research case

Misleading the market: an analysis of the Citron Research case

The recent Market Misconduct Tribunal (MMT) decision in the Citron Research case confirms the usefulness of Section 277 of the Securities and Futures Ordinance (SFO) for regulators seeking to prevent a false market in the shares of Hong Kong listed companies....
First concluded case on late disclosure of inside information

First concluded case on late disclosure of inside information

Alexander Que, Partner, and Rhoda Yung, Partner, Deacons, look at the implications of the first finding of breaches of the inside information disclosure requirements under the Securities and Futures Ordinance. The first set of proceedings in the Market Misconduct...
Board portals – a company secretarial perspective

Board portals – a company secretarial perspective

CSj interviews company secretaries in Hong Kong for their views on how board portals have impacted their work, which systems they prefer and why the old-school paper system is still favoured by some. Board portals first came to prominence in the early 2000s, and were...
Going global

Going global

Eric Mok FCIS FCS,
Company Secretary and Assistant General Counsel,
Lenovo Group, tells CSj about the challenges and rewards of working as a company secretary for an organisation that has made the transition from a domestic to a multinational corporation. Computer...
Risk focus

Risk focus

The latest HKICS Regional Board Secretaries Panel (RBSP) meeting, held in Hong Kong last month, focused on the management of risk from the perspective of Mainland companies listed in Hong Kong. On 14 January this year, more than 30 corporate secretaries representing...
The new ESG reporting requirements – Your questions answered

The new ESG reporting requirements – Your questions answered

Karen Pong, Project Coordinator, CSR Asia Hong Kong, gives a quick guide to the stock exchange’s upgraded environmental, social and governance (ESG) reporting requirements. Listed companies in Hong Kong should by now be aware of the decision of Hong Kong...
CSj February 2016 (pdf version)

CSj February 2016 (pdf version)

Board portals – A company secretarial perspective Click the cover image below to view or download a pdf of the full...
Preparing for the Competition Ordinance

Preparing for the Competition Ordinance

Hong Kong’s new Competition Ordinance, scheduled to be implemented later this year, will have significant compliance implications for companies in Hong Kong. CSj takes advice on the best way for compliance professionals to prepare for the new law. In most...
Antitrust compliance comes of age

Antitrust compliance comes of age

Frank Fine, Head of International Antitrust at DeHeng Law Offices and Executive Director of the China Institute of International Antitrust and Investment, gives an introduction to managing antitrust risk in the current global regulatory environment. On 30 September...
Dawn raids in Hong Kong

Dawn raids in Hong Kong

Mark Jephcott, Partner, Head of Competition Asia, and Grace Aylward, Associate, Herbert Smith Freehills LLP, offer a practical guide to preparing for an unannounced inspection by the Hong Kong Competition Commission. It is anticipated that the Hong Kong Competition...
Talking strategy

Talking strategy

Dr Maurice Ngai, CEO of SW Corporate Services Group Ltd, discusses his aspirations as the newly elected president of the HKICS. Congratulations on your election as HKICS President – can we start by discussing what you would like to achieve in this role? ‘I would...
Attaining the truly paperless boardroom

Attaining the truly paperless boardroom

Al Percival, Managing Director, Asia Pacific, Diligent APAC Board Services, identifies seven best practices that will help ensure that your board portal will deliver on its paperless promise. Given the amount of information that is distributed to board members before...
When is it reasonable to suspect money laundering?

When is it reasonable to suspect money laundering?

A recent decision of the Court of Final Appeal clarifies the law relating to suspected anti-money laundering cases in Hong Kong. In November 2014 the Court of Final Appeal (CFA) quashed a conviction by the Court of Appeal in a money laundering case. The CFA...

Ask the Expert February 2015 #1

Q: Can a private company limited by shares and incorporated under the Companies Ordinance (Cap 622) appoint any corporate directors if it belongs to a group of companies, of which a member company incorporated overseas is listed on the Hong Kong stock exchange? A:...

Ask the Expert February 2015 #2

Q: We are considering introducing an online proxy voting channel – what are the legal and corporate governance aspects we should consider? A: The Hong Kong Companies Ordinance which became effective in March 2014 has introduced a number of changes for companies...
Global compliance

Global compliance

Ensuring compliance with one set of listing rules is difficult enough, so spare a thought for the practitioners who need to ensure compliance with multiple, and potentially conflicting, sets. Senior company secretaries working for companies with multiple international...
The new Companies Ordinance: are you ready?

The new Companies Ordinance: are you ready?

In this second and final part of their article, Billy Lam, Loretta Chan and Wilson Fung of Mayer Brown JSM, highlight the key issues that directors and company secretaries need to watch out for in the new Companies Ordinance. As we all know, the new Companies...
Trends in sustainability disclosure

Trends in sustainability disclosure

Benchmarking the world’s stock exchanges Which of the world’s stock exchanges are home to the world’s most advanced sustainability reporters, and, perhaps more significantly, why? A new study by CK Capital, the investment research arm of Corporate...

Ask the Expert February 2014

Q:  Why all of a sudden have board portals become a buzz word in Hong Kong? Our traditional board had not previously been interested in technology. What’s changed? A:  Introduction of the iPad fundamentally opened the boardroom to technology by making it...
Behavioural ethics – Don’t rely solely on good intentions

Behavioural ethics – Don’t rely solely on good intentions

  The business ethics debate is still hampered by our abiding fascination with the story of the goodies and the baddies, the heroes and the villains. The real picture, of course, is a little more complicated. In this article, Jeffrey M Kaplan, Partner, Kaplan &...
Public governance

Public governance

The governance of not-for-profit entities, public bodies and indeed the government itself is just as important as the governance of corporations, but receives far less attention. In a two-part article starting this month, Gordon Jones FCIS FCS, author and Hong...
Corporate governance: a director's duty

Corporate governance: a director's duty

Ultimately the board is responsible for maintaining a company’s corporate governance standards, but a number of cases handled by Hong Kong’s Independent Commission Against Corruption (ICAC) indicate that some directors in Hong Kong need to be reminded of...
Making the best of your career

Making the best of your career

Last year the Institute started a series of informal get-togethers under the guise of ‘Happy Friday for Chartered Secretaries’ – an opportunity for the Institute’s members of all ages and backgrounds to meet and discuss topical professional issues. At one...
The big picture

The big picture

The latest Global Risks report published by the World Economic Forum is an excellent resource for boards prepared to think more widely about the global trends shaping the future of businesses around the world Since the global financial crisis, companies have become...
Ask the Expert February 2013

Ask the Expert February 2013

Q: My board is concerned about data privacy and security – will an online platform increase or decrease these risks? A: One argument often wheeled out against the transition to a board portal is that security will be compromised. The idea, however, that asking...
CSj February 2013 (pdf version)

CSj February 2013 (pdf version)

Behavioral ethics – A new approach to ethical compliance. Click the cover image below to view or download a pdf of the full...