How company secretaries can support directors

How company secretaries can support directors

Katherine Ng, Senior Vice-President and Head of Policy, Listing, Hong Kong Exchanges and Clearing Ltd (the Exchange), and a speaker at the Institute’s latest Annual Corporate and Regulatory Update seminar held last month at the Hong Kong Convention and...
Cultivating independence of mind – ACRU 2017 review: part one

Cultivating independence of mind – ACRU 2017 review: part one

The importance of cultivating an independent mindset for both independent non-executive directors and the company secretary emerged as a central theme of this year’s Annual Corporate and Regulatory Update seminar, held last month at the Hong Kong Convention and...
Compliance update – ACRU 2017 review: part two

Compliance update – ACRU 2017 review: part two

CSj highlights the main compliance issues raised by regulators at the Institute’s latest Annual Corporate and Regulatory Update. The Institute’s Annual Corporate and Regulatory Update (ACRU) provides attendees with first-hand knowledge of the emerging...
The future of governance

The future of governance

Since the 1990s, South Africa’s King Reports on Corporate Governance have consistently been at the leading edge of governance best practice. Mervyn King, Chairman of both the King Committee on Corporate Governance in South Africa, and the International...
All hacked out

All hacked out

Gabriela Kennedy, Partner; and Karen HF Lee, Senior Associate; Mayer Brown JSM, assess the latest proposals by the Securities and Futures Commission to reduce hacking risks among licensed corporations. On 8 May 2017, the Hong Kong Securities and Futures Commission...
The role of the board secretary 董事會秘書之職業定位

The role of the board secretary 董事會秘書之職業定位

Guo Xiangdong FCIS FCS, Deputy General Manager and Board Secretary, Guangshen Railway Co Ltd, looks at the role of the board secretary in Mainland China and compares it to the role of the company secretary in Hong Kong. The Company Law of the People’s Republic...
A prescription for a healthier business

A prescription for a healthier business

Sustainability-related risks are forcing companies to rethink the way they operate, argues Pat Dwyer, Founder and Director, the Purpose Business. On a visit to Hong Kong back in January this year, Elon Musk (founder and CEO of Space X) warned anyone considering...
Green bonds: an opportunity for Hong Kong

Green bonds: an opportunity for Hong Kong

Karen Pong, Project Coordinator, CSR Asia Hong Kong, looks at the growing global green bond market and its implications for Hong Kong and China. In a newly released report, Hong Kong as a Regional Green Finance Hub, the Financial Services Development Council (FSDC)...
Contractual risk management: tips for company secretaries

Contractual risk management: tips for company secretaries

Zoe Chan So Yuen FCS, FCIS, LLM, MCIArb, Solicitor, argues that a Supreme Court judgment in the UK will have a significant impact on contractual risk management in Hong Kong. Corporations build up a number of contracts on a daily basis with investors, directors,...
CSj July 2016 (pdf version)

CSj July 2016 (pdf version)

China update – Special edition Click the cover image below to view or download a pdf of the full...
Why disclosure matters – ACRU 2015 review part one

Why disclosure matters – ACRU 2015 review part one

Regulators at the Institute’s latest Annual Corporate and Regulatory Update seminar reaffirmed the key importance that they attach to companies’ disclosure standards. Hong Kong operates a disclosure based regulatory regime. Under this model, the regulatory...
Compliance update – ACRU 2015 review part two

Compliance update – ACRU 2015 review part two

The Institute’s Annual Corporate and Regulatory Update (ACRU) seminar is one of the few forums in Hong Kong where regulators and market participants can engage in a direct dialogue about regulatory compliance. This year’s ACRU, held on 3 June 2015, drew a...
Shared capitalism?

Shared capitalism?

Broad-based employee share plans are increasingly popular in Hong Kong and Mainland China. Our profile candidate this month, Seth Bohart, Managing Director, Computershare Plan Managers Asia, looks at where this trend may take us in the years ahead. Thanks for giving...
Engaging with human rights

Engaging with human rights

A new report from CSR Asia warns companies that they may be indirectly involved in human rights infringement cases unknowingly through their supply chains. Richard Welford, Chairman, CSR Asia, recommends proper due diligence for businesses that want to be involved in...
Competition Ordinance: final preparations

Competition Ordinance: final preparations

Three years after its enactment, full implementation of Hong Kong’s Competition Ordinance is expected towards the end of this year. Mark Jephcott, Adelaide Luke and Lisa Geary at Herbert Smith Freehills Hong Kong, urge businesses to audit their existing...
Cross-border supervision: new SFC proposals

Cross-border supervision: new SFC proposals

Hong Kong’s Securities and Futures Commission (SFC) proposes to amend the Securities and Futures Ordinance to boost the level of supervisory assistance the SFC can provide to overseas regulators. Over recent decades, international cooperation among national...
CSJ July 2015 (pdf version)

CSJ July 2015 (pdf version)

Question Time – ACRU 2015 review. Click the cover image below to view or download a pdf of the full...
Building a compliance culture

Building a compliance culture

Compliance failures often stem from poor management and governance within companies rather than deliberate fraud. Regulators attending this year’s Annual Corporate and Regulatory Update therefore emphasised the importance of their supervisory role in fostering a...
A changing landscape

A changing landscape

Keeping pace with regulatory change is one of the top challenges facing compliance professionals and the Institute’s Annual Corporate and Regulatory Update seminar aims to help attendees do just that – providing them with an opportunity to get first-hand...
Forging a global profession

Forging a global profession

The Corporate Secretaries International Association (CSIA) teamed up with the Global Corporate Governance Forum (GCGF) to publish the ‘Corporate Secretaries Toolkit’ earlier this year. This second part of our interview with Carina Wessels, CSIA President, and...
Know your Institute: the meaning of professionalism

Know your Institute: the meaning of professionalism

This second article in our series on the Hong Kong Institute of Chartered Secretaries gives an introduction to the work of the Institute in the critical areas of professional standards, research and advocacy. What is the purpose of a professional body? Perhaps the...
Preparing for the new competition law

Preparing for the new competition law

The Competition Ordinance, which is expected to be implemented next year, presents unprecedented opportunities and challenges for company secretaries and compliance professionals in Hong Kong. Zoe Chan So Yuen FCS FCIS, Solicitor, argues that it is time for business...
CSj July 2014 (pdf version)

CSj July 2014 (pdf version)

Building a compliance culture – ACRU 2014 review. Click the cover image below to view or download a pdf of the full...
ACRU 2013 review – A guide to regulatory thinking

ACRU 2013 review – A guide to regulatory thinking

If your first contact with Hong Kong’s market regulators is a knock on the door from an investigation team, your engagement with them is already too late. Whether you think of them as shining white knights protecting Hong Kong’s market or, as one regulator...
ACRU 2013 review – Getting the FAQs right

ACRU 2013 review – Getting the FAQs right

Rules, conceded Charles Grieve, Senior Director of Corporate Finance, Securities and Futures Commission, at this year’s Annual Corporate and Regulatory Update (ACRU) seminar, will always be a fairly blunt instrument with which to encourage better corporate...
Psychometric testing in the selection process

Psychometric testing in the selection process

Statistics show that approximately one-third of hiring decisions are regretted. Alarmingly, these hiring mistakes can cost a company up to three times that employee’s annual salary. Therefore, it is no surprise that in addition to the traditional methods of...
Corporate insolvency consultation

Corporate insolvency consultation

The government is currently consulting on its latest proposals to reform Hong Kong’s corporate insolvency and winding-up regime. CSj interviewed the Financial Services and Treasury Bureau about the aims of these reform proposals. W hat are the aims of the new...

Ask The Expert July 2013

Q: When do you expect to see an RMB IPO in Hong Kong? A: There are two types of RMB IPO: 1. Dual tranche dual counter (DTDC) An issuer offers both RMB-traded shares and HKD- traded shares during the IPO, investors paying in RMB are allotted RMB-traded shares,...
CSj July 2013 (pdf version)

CSj July 2013 (pdf version)

Compliance update – ACRU 2013 review. Click the cover image below to view or download a pdf of the full...
The rule is… think for yourself.  A new approach to compliance

The rule is… think for yourself.  A new approach to compliance

One of the central themes of this year’s Annual Corporate and Regulatory Update seminar was that compliance, particularly in a principles-based regulatory regime, cannot be a box ticking exercise – companies, and the company secretaries advising them, need to...
ACRU 2012 review

ACRU 2012 review

Will company secretaries be personally liable for breaches of Hong Kong’s new statutory requirements for the disclosure of price-sensitive information? How should company secretaries prepare themselves for the abolition of par value shares? The pace of...
Is integrated reporting achievable?

Is integrated reporting achievable?

It is essential that organisations get out of a compliance mindset and start to communicate their financial story in the most effective and transparent way. This, argues Geraldine Magarey FCA, Manager, Sustainability and Regional Australia, Institute of Chartered...
Handling a whistleblower tip-off  如何處理檢舉密告

Handling a whistleblower tip-off 如何處理檢舉密告

Much effort has gone into ensuring that companies have channels for whistleblowers to report corporate misdemeanours, but what do you do when you receive a whistleblower tip-off? Colum Bancroft, Managing Director, Kroll Advisory Solutions, indicates some of the things...

Ask the Expert July 2012

  Q: We are looking to allocate excess rights shares, what are the issues we should consider? A: Rights issues have received media coverage recently, particularly some shareholder practices designed to increase the number of excess rights shares allocated to them....
CSj July 2012 (pdf version)

CSj July 2012 (pdf version)

The rule is… think for yourself. Click the cover image below to view or download a pdf of the full...