Hong Kong: reforming listing regulation - joint consultation paper published

The Securities and Futures Commission (SFC) and the Hong Kong Exchange (HKEX) have published a joint consultation paper setting out proposed reforms to the regulatory framework for listing: see here (pdf). Included in the proposed reforms is the creation of two new committees - the Listing Policy Committee and the Listing Regulatory Committee - with the SFC and HKEX equally represented on both. The reforms are designed to achieve greater cooperation and coordination between the SFC and HKEX.