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ESG for directors of HKEX listed issuers - where things are and the way forward The massive quantity of materials on ESG can be overwhelming. This briefing provides a quick reference on the latest Hong Kong Listing Rule requirements for ESG reporting and the role and responsibilities of the listed issuers’ directors on ESG governance... HK CFA Clarifies Effect of Exclusive Jurisdiction Clauses on the Court's Insolvency Jurisdiction The Hong Kong Court of Final Appeal (CFA) has recently in Re Guy Kwok-Hung Lam  confirmed that, where a dispute in respect of a petition debt is subject to an exclusive jurisdiction clause (EJC), the Hong Kong court should generally hold the petition... HK Data Privacy Commissioner’s new model framework for procuring, implementing and using AI The Office of the Privacy Commissioner for Personal Data (the PCPD) recently published the Artificial Intelligence: Model Personal Data Protection Framework (the Model Framework), setting out suggested best practices to help organisations protect personal... Financial Regulation Weekly Bulletin – 4 January 2024 Includes developments in relation to: climate-related risks; cyber resilience; EU taxonomy; CSDDD; transition finance; mutual recognition between UK and Switzerland; CRR III; CRD VI; SSM; open banking; ESG; EMIR; digital securities sandbox; UK listings; U... Financial Regulation Weekly Bulletin – 11 January 2024 Includes developments in relation to: European single access point; Rule Review Framework; CRD IV; Financial Conglomerates Directive; UK Special Resolution Regime; IRB approaches; MiFID II; MiFIR; CCP Special Resolution Regime; DAML exemptions; and m... Financial Regulation Weekly Bulletin – 18 January 2024 Includes developments in relation to: DORA; SDR; sustainable finance; CRR; CRD IV; P2P lending; crowdfunding; margin models; BMR; benchmarking; MiFID II; MiFIR; IDD; and AML/CTF. General DORA - ESAs publish first set of final draft RTS and ITS SDR ... An easier bite of the Arbitral Cherry: Supplemental Arrangement Concerning Mutual Enforcement of Arbitral Awards between the Mainland and HKSAR This client briefing will discuss the changes brought by the Supplemental Arrangement and how they improve the existing regime and make both Mainland China and the HKSAR more attractive for arbitration. 20 years after signing the original arrangement in ... Court of Final Appeal clarifies the requisite mental element of money laundering offence in Hong Kong The CFA has clarified in HKSAR v Harjani Haresh Murlidhar that under section 25 of the OSCO, a person commits an offence if he deals with a property which he knows, or has reasonable grounds to believe in whole or in part directly or indirectly, represent... Hong Kong: Duties of directors when companies start to experience financial distress Offers practical steps that directors should consider taking for companies suffering from a sharp decline in revenues and on the brink of insolvency COVID-19 has presented a lot of challenges to businesses across the globe. Many companies are suffering f... Hong Kong: Reporting obligations on Hong Kong employers if an employee contracts COVID-19 With the widening impact of COVID-19 around the globe, governments and businesses alike are making every effort to mitigate the impacts of the global pandemic and the disruption it has caused. In this briefing, we focus on the following practical issues ...