The Hong Kong Securities and Futures Commission has published a consultation paper concerning the regulation of sponsors: see here (pdf). Concerns with the quality of sponsors' work are noted in the paper, particularly with regard to the completion of due diligence before making a listing application.
Friday, 18 May 2012
Hong Kong: the regulation of sponsors
The Hong Kong Securities and Futures Commission has published a consultation paper concerning the regulation of sponsors: see here (pdf). Concerns with the quality of sponsors' work are noted in the paper, particularly with regard to the completion of due diligence before making a listing application.
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