AML/CTF:  Hong Kong reforms

AML/CTF: Hong Kong reforms

CSj looks at the implications for company secretaries and risk and governance professionals of the government’s latest proposals designed to strengthen Hong Kong’s anti-money laundering and counter-terrorism financing regime. Next year, the Financial...
AML compliance

AML compliance

Dominic Wai, Partner, ONC Lawyers, looks at the role of company secretaries and directors in anti-money laundering compliance. Millions of dollars come into and go out of Hong Kong every day, legitimate or not, as Hong Kong is an international financial centre with no...
A brief introduction to China's Cybersecurity Law

A brief introduction to China's Cybersecurity Law

Cecilia Xianying Lou, Partner; and Mark Guangrui Fu, Managing Associate; of King & Wood Mallesons, give an introduction to China’s Cybersecurity Law which becomes effective this month, and assess the implications of the law for companies with a business...
Future-proofing  sustainable business

Future-proofing sustainable business

Richard Welford, Chairman, CSR Asia, gives his top 10 tips to ‘future-proof’ your business. The world is changing. Challenging economic times, volatile world events, a deteriorating environment, a growing social divide and fast-changing technology are leaving...
Towards an inclusive governance – part two

Towards an inclusive governance – part two

This second and final part of the winning paper of the Institute’s Corporate Governance Paper Competition 2016 completes the authors’ elaboration of their five-stage inclusive stakeholder model of corporate governance. In this article, we advocate an inclusive...
Gender diversity on boards: are quotas the answer?

Gender diversity on boards: are quotas the answer?

Alicia Yi, Managing Director, Board and CEO Services, Korn Ferry, discusses whether quotas will be required to increase the number of women on the boards of Asian listed companies. Asian companies continue to lag the rest of the world when it comes to gender diversity...
CSj June 2017 (pdf version)

CSj June 2017 (pdf version)

AML compliance – Your best practice guide Click the cover image below to view or download a pdf of the full...
Governance needs you: ACRU 2016 review

Governance needs you: ACRU 2016 review

Regulators at the Hong Kong Institute of Chartered Secretaries’ latest Annual Corporate and Regulatory Update (ACRU) conference highlighted the roles directors, professional practitioners and regulators need to play to ensure good governance standards are maintained...
New guidance  on ESG reporting

New guidance on ESG reporting

Katherine Ng, Senior Vice-President, Hong Kong Exchanges and Clearing Ltd, highlights the new guidance materials on the Exchange’s website relating to environmental, social and governance (ESG) reporting. Businesses are facing increasing demands to recognise...
Asking the right questions – The Sun Tzu Art of War for engagement

Asking the right questions – The Sun Tzu Art of War for engagement

Christine Chow, Associate Director, Hermes EOS, Hermes Investment Management, is practised in the art of engaging companies on their approach to environmental, social and governance issues. In this interview with CSj, she discusses her career and shares some tips on...
AML/CFT compliance: a new HKICS initiative

AML/CFT compliance: a new HKICS initiative

CSj takes a look at a new initiative launched by the Hong Kong Institute of Chartered Secretaries (HKICS) to promote anti-money laundering and counter-financing of terrorism (AML/CFT) in the corporate service provider(s) sector in Hong Kong. In 2008 the HKICS issued...
Board communication: new CSIA guidance

Board communication: new CSIA guidance

Having access to the right information plays a major part in boards making the right decisions. A new set of guidelines published last month by the Corporate Secretaries International Association (CSIA) aims to help corporate secretaries fulfill their role supporting...
Hong Kong's new OFC regime

Hong Kong's new OFC regime

Anne-Marie Godfrey, Partner, Akin Gump, highlights the features and discusses the implications of the government’s proposed open-ended fund company (OFC) regime for Hong Kong. Under the current legal and regulatory regime relating to the establishment of...
CSj June 2016 (pdf version)

CSj June 2016 (pdf version)

Governance needs you – ACRU 2016 review Click the cover image below to view or download a pdf of the full...
Responsible ownership: Hong Kong in the global context

Responsible ownership: Hong Kong in the global context

With the Securities and Futures Commission recently publishing proposals designed to encourage proactive engagement between investors and publicly listed companies in Hong Kong, Lucy Newcombe, Global Corporate Communications Director at Computershare, looks at the...
Shareholder engagement and the corporate secretary

Shareholder engagement and the corporate secretary

CSj takes a look at new best practice recommendations for corporate secretaries on shareholder engagement. Since the launch of the UK’s Stewardship Code in 2010, shareholder engagement has been climbing the corporate and regulatory agenda around the world. The...
Carbon accounting and reporting in Hong Kong

Carbon accounting and reporting in Hong Kong

Few companies in Hong Kong are monitoring and reporting on their greenhouse gas emissions. CSj takes a look at the growing stakeholder and regulatory pressure to ensure businesses catch up with international best practice in this area. In 2013, Carbon Care Asia (CCA)...
An Earth Year

An Earth Year

Governments around the world will be gathering in December this year to sign a new global agreement on greenhouse gas emissions reduction. Johan Rockström, Professor of Global Sustainability, Stockholm University, looks at what needs to be agreed in order to avoid...
Disclosure of inside information – an update

Disclosure of inside information – an update

One of the toughest challenges facing companies seeking to comply with Hong Kong’s statutory regime for the disclosure of inside information, as set out in Part XIVA of the Securities and Futures Ordinance, has been identifying what is and what is not inside...
Domain name disputes: does arbitration work?

Domain name disputes: does arbitration work?

Internet domain name disputes are still a relatively new area for companies in Hong Kong. Zoe Chan FCIS FCS, Solicitor, gives some advice on the hazards of getting arbitration awards in this area enforced. One of the reasons businesses prefer arbitration proceedings...

Ask the Expert June 2015

Q: Please advise whether the word ‘audited’ has to be added in the preliminary annual results announcement of a company listed on the Hong Kong Stock Exchange to reflect that such results have been audited by the company’s independent auditors. A: There is...
CSj June 2015 (pdf version)

CSj June 2015 (pdf version)

Shareholder engagement – The company secretary role. Click the cover image below to view or download a pdf of the full...
The ESG challenge

The ESG challenge

How to prepare a business review In March this year, with the implementation of the new Companies Ordinance, Hong Kong imposed its first mandatory environmental, social and governance (ESG) reporting requirement. Hong Kong-incorporated companies, unless exempted, will...
Forging a global profession

Forging a global profession

The importance of the corporate secretarial role, particularly as the gatekeeper for good governance, is now recognised globally, but there is an increasing demand in emerging and transition economies for practical guidance on how this role should be best carried out....
Privacy and data protection: from compliance to accountability

Privacy and data protection: from compliance to accountability

Allan Chiang, Hong Kong’s Privacy Commissioner for Personal Data, outlines the competitive benefits to be gained by adopting a comprehensive privacy management programme. The Personal Data (Privacy) Ordinance (the Privacy Ordinance) came into force 18 years ago...
Open-ended fund companies

Open-ended fund companies

Salina Yan, Deputy Secretary for Financial Services and the Treasury (Financial Services), of the Financial Services and the Treasury Bureau, outlines a new initiative to further develop Hong Kong’s asset management industry. Asset management has become...
中國報導 / 上市公司独立董事履职情况报告 摘要 (下)

中國報導 / 上市公司独立董事履职情况报告 摘要 (下)

《上市公司独立董事履职情况报告》是根据中国上市公司协会所发出的《上市公司 独立董事履职状况调查问卷》的调查结果而撰写﹐旨在对已实施十多年的中国上市 公司独立董事制度进行全面而客观的评估。上期刊载了该报告的摘要第一部分﹐本 文是第二部分﹐亦即最後一部分﹐论述独立董事制度存在的问题﹐并提出完善独立 董事制度的建议。 独立董事制度存在的问题 我国上市公司引入独立董事制度10多 年来,在优化上市公司治理结构,促 进上市公司规范运作方面发挥了积极 的作用。调查显示,调查对象对独立 董事在“促进公司整体发展”、“促...

Ask the Expert June 2014

Q:  Three out of the 10 directors on our board still request paper board packs – can you suggest the best ways to persuade these directors of the advantages of the digital pack? A:  Firstly, I would say that your experience in this regard is common, particularly in...
CSj June 2014 (pdf version)

CSj June 2014 (pdf version)

The ESG challenge – How to prepare a business review. Click the cover image below to view or download a pdf of the full...
Breaking new frontiers with boardroom diversity

Breaking new frontiers with boardroom diversity

The clock is counting down to 1 September 2013 when Hong Kong’s new Corporate Governance Code provision on board diversity becomes effective. Rosie Halfhead, Programme Director, Diversity on Boards, Community Business, urges companies and company secretaries to...
Gender agenda

Gender agenda

Elsie Leung, Hong Kong’s former Secretary of Justice, and Susie Cheung, General Counsel and Company Secretary of the Hong Kong Mortgage Corporation, picked up awards at the latest ‘Asia Women in Business Law Awards’. In this interview with CSj, they...
Professionalising the board secretary in Taiwan

Professionalising the board secretary in Taiwan

In Taiwan, while there are regulations concerning the need for board support, there are no regulations concerning the officers carrying out that function. Professor Louis Chen, Chairperson of the Association for Research & Development of Corporate Organisation in...
Building China's rule of law 建设法治中国

Building China's rule of law 建设法治中国

Andrew Sheng and Xiao Geng of the Fung Global Institute argue that if China’s economic rise is to advance it must develop the rule of law. This means institutions and practices consistent with representative government must be created. It’s a long road...

Ask the Expert June 2013

Q: We currently prepare paper board packs and want to keep control of sensitive board information in-house. If we switched to a board portal how could we control who sees what? A: A good board portal supplier takes strong measures to ensure that sensitive data is...
CSj June 2013 (pdf version)

CSj June 2013 (pdf version)

Board diversity – New frontiers for the company secretary. Click the cover image below to view or download a pdf of the full...
A global profession

A global profession

Who are your global peers? This seemingly simple question is not as easy to answer as you might imagine. Corporate secretaries around the world don’t always carry the same job title or carry out the same duties. This month, CSj looks at the many faces of the global...
Russia: building a governance community

Russia: building a governance community

In this first article in our ‘Peer to Peer’ series, CSj talks to Alexander Kamensky, corporate secretary of one of the largest power companies in Russia, about the way corporate secretaries in Russia, in the absence of a dedicated professional body, are building...
Is Hong Kong serious about corporate governance reform?

Is Hong Kong serious about corporate governance reform?

Hong Kong has the potential to be a world leader in corporate governance, believes Gordon Jones FCIS FCS, Hong Kong’s former Registrar of Companies, but it will not realise this potential if it continues to allow vested interests to obstruct the corporate...
ESG – why now?

ESG – why now?

Arguments against companies addressing their environmental and social responsibilities have been soundly trounced, argues Josh Dowse, Principal, Dowse CSP, not so much by moral imperatives, but by the business case for engagement with environmental, social and...
Shareholder disputes

Shareholder disputes

Wilfred Wu, Principal, Specialist Advisory Services, BDO, suggests some simple and practical ways to mitigate or resolve shareholder disputes Disputes are an unavoidable fact of human life. People will often disagree with one another because of different opinions or...
Shanghai International Board  上海國際板

Shanghai International Board 上海國際板

The launch of an international board on the Shanghai Stock Exchange, originally slated for 2010, has been delayed again. While there is no official timeline for its introduction, it is the centerpiece of China’s plans to turn Shanghai into a global financial...
CSj June 2012 (pdf version)

CSj June 2012 (pdf version)

Global profession – Who are your global peers? Click the cover image below to view or download a pdf of the full...