Hong Kong: HKEx concept paper on weighted voting rights

The Hong Kong Exchange has published a concept paper in which it seeks views on whether governance structures that give certain shareholders voting power, or other rights, disproportionate to their shareholding, should be permissible for listed companies or those seeking a listing: see here (pdf).

India: SEBI review of continuous disclosure regime for listed companies

The Securities and Exchange Board of India has published for comment a revised version of Clause 36 - containing the core principles on the disclosure of price sensitive and material information by listed companies - that will be included in the Listing Agreement and/or draft SEBI (Listing Obligations and Disclosure Requirements) Regulations 2014: see here (pdf).

UK: FCA consultation on early implementation of the requirements for reports on payments to governments

The Financial Conduct Authority has published a consultation paper in which it sets out how it proposes to amend its Disclosure Rules and Transparency Rules in order to implement early the Transparency Directive Amendment Directive 2013/50/EU in respect of the obligation of issuers in the extractive industries to report annually on payments made to governments in the countries in which they operate: see here (pdf).

UK: Scotland: Law Commission trust law reform proposals published

The Scottish Law Commission published its Trust Law report today: see here. Major reforms are proposed, including placing the law within a single statute. A press release and impact assessment can be found here.

UK: Lib Dem manifesto proposals for executive pay

The Liberal Democrats have published proposals concerning executive pay that will be included in their 2015 election manifesto: see here. The detail is sparse, but more disclosure and employee consultation is promised.