Paperless Listing - Exchanges publishes new Consultation Paper
On 16 August 2024, The Stock Exchange of Hong Kong Limited published a consultation paper titled "Proposals to Further Expand the Paperless Listing Regime and Other Rule Amendments" seeking public feedback on proposals to further expand its paperless listing regime and other rule amendments.
Key proposed amendments include:
- electronic securities holders’ instructions: to provide securities holders with the option to send Requested Communications to issuers electronically;
- real-time electronic payment of Corporate Action Proceeds: to provide securities holders with the option to receive Corporate Action Proceeds (including dividends) electronically via the Clearing House Automated Transfer System; and
electronic subscription monies: to provide existing securities holders with the option to pay subscription monies for offers electronically.
Click here to read more.
分享文章
相关专业知识
相关文章
The UK Market Abuse Regime for Cryptoassets (“MARC”) – the FCA’s final rules
Financial Services Regulation
Sanctions, export controls and other trade restrictions: Overcompliance in a conflict-of-laws era- why "when in doubt, don't perform" may no longer be the safest strategy
Corporate
Prologis / Segro: Recommended deal announced - what businesses should be doing now
Competition
Stephenson Harwood advises Caledonia on majority investment in Conquip Engineering Group
Private Equity
Stephenson Harwood advises Optio on its acquisition by Cinven and La Caisse
Private Capital & Funds
UK Takeovers: Panel Proposes Miscellaneous Amendments to the Takeover Code
Equity Capital Markets
Beyond drip pricing: what the Ryanair investigation tells us about the CMA’s consumer enforcement agenda
Competition
AI: The new frontier for competition authority monitoring and enforcement
Competition
Virtual assets in Hong Kong: upcoming regimes for VA advisors and managers, and trading of relevant stablecoins
Finance
Corporate M&A - Mid Year 2026 opportunities and challenges
Corporate