In August 2013, Vistra issued a bulletin to its clients introducing the passage of the new Hong Kong Companies Ordinance and a summary of the major reforms that were passed into law by the Hong Kong Legislative Council in July 2012.

Angela SY Yim, Partner, and Phoebe MC Fok, Senior Associate, Mayer Brown, evaluate recent amendments to health and safety regulations in Hong Kong, and suggest a number of practical measures to prioritise workplace safety.

A Hong Kong director was sentenced to 120 hours of community service and ordered to pay HK$93,000 in outstanding wages after her companies failed to pay employees on time. The case demonstrates that corporate officers can face serious criminal liability, including fines up to HK$350,000 and three years' imprisonment, when employment law breaches occur with their consent, connivance, or neglect.

For the sixth year in a row, we've sponsored and supported the Hong Kong Institute of Chartered Secretaries' Annual Corporate and Regulatory Update (ACRU),

In its Statement of Disciplinary Action dated 24 August 2023, the HKEX imposed a "Prejudice to Investors' Interests" Statement against six directors of a delisted company - two of whom are INEDs - in addition to a public censure against them.

In Hong Kong, the Securities and Futures Ordinance ("SFO") was introduced in March 2003 and powers of investigation were given to the Securities and Futures Commission ("SFC").

The concerns over COVID-19 have arguably been the required trigger - against the backdrop of increasing unease ‒ for market participants to take stock and review their financial arrangements.

In our recent blog post, we discussed the English High Court's decision to block the shareholder derivative action commenced by an activist shareholder, ClientEarth, against Shell's directors.

The Stock Exchange of Hong Kong Limited (Exchange) issued a public censure and Director Unsuitability Statement on 5 March against two former directors...

In a recent disciplinary action against four former directors of Freeman FinTech Corporation Limited (now known as Arta TechFin Corporation Limited), the Hong Kong Stock Exchange (HKEX) looked...

The Stock Exchange of Hong Kong Limited (Exchange) published earlier this week a new 'Guidance Note on Cooperation' (Cooperation Note) and a revised Sanctions Statement, urging listed issuers...

Social welfare services in Hong Kong are supported by the government, as well as a variety of non-governmental organisations.

His reprimand and suspension underlines his responsibility to supervise regulated activities of a licensed corporation.

In the recent case of Byers and others v Chen Nanning [2021] UKPC 4, the UK Privy Council examined the duties of a director in relation to an insolvent British Virgin Islands (BVI) company

Having recently completed the listing on Nasdaq of BLOOMZ, the Cayman Islands incorporated holding company of a Japanese audio production company, and being currently engaged to act on a number of IPOs...

The world is facing unprecedented impacts from COVID-19. The impact to people, businesses and supply chains is unfolding, with challenges in almost every location on the globe.

The World Health Organisation has declared a global health emergency over an outbreak of a novel coronavirus ("COVID-19") since December 2019.

At the same time as corporate governance reforms are requiring more independent non-executive directors to be appointed, there is a growing recognition that the companies who appoint them, their shareholders, the authorities and the general public are expecting higher and higher standards of care and skill.

In the recent Hong Kong case of Chen Ming v Chen Jiagan, the Court dismissed a director's claim that a resolution of the board removing him as chairman of a Company...

Dual-class shares may now be listed in Hong Kong, with Xiaomi as the first dual-class share structure to have listed