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Hong Kong – SFC Licensing And Compliance Hints.

1 May, 2014

 

Legal News & Analysis – Asia Pacific – Hong Kong – Regulatory & Compliance

 

What’s in a name? We last discussed company names in a previous article (please click here). We are raising the topic again because of the implementation of the Companies (Disclosure of Company Name and Liability Status) Regulation, subsidiary legislation under the new Hong Kong Companies Ordinance which came into effect on 3 March 2014. If your company has registered its name in both English and Chinese, you need to check that the name appears in both English and Chinese in business letters, notices, official publications, contracts and other transaction instruments and on your website. Under the Regulation, failure to state the company’s registered name(s) in full in communications, documents, transaction instruments and websites is a criminal offence.

 

CPT Again! As the first quarter of 2014 is already behind us, it is time to remind all licensed individuals to plan ahead to meet their 2014 CPT requirements to avoid a year-end rush. Don’t forget that internal training such as AML refresher courses and regulatory updates can be counted for CPT purposes provided it meets the SFC’s requirements, which are set out in the Guidelines on Continuous Professional Training.

 

Deacons

 

For further information, please contact:

 

Rebecca Yip, Deacons

rebecca.yip@deacons.com.hk

 

Heather Mak, Deacons

heather.mak@deacons.com.hk

 

Deacons Regulatory & Compliance Practice Profile in Hong Kong

 

Homegrown Regulatory & Compliance Law Firms in Hong Kong 

 

International Regulatory & Compliance Law Firms in Hong Kong  

 

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