25 November, 2012

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

Miscellaneous amendments to Hong Kong’s Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission will come into effect on 1 December 2012. The changes include:

• the obligation to report suspected market misconduct by clients
• the prohibition of the use of mobile phones for taking client orders
• the requirement for third party authorisations to be in writing
• it will generally not be permissible to prevent staff from providing expert witness services

​

For further information, please contact:

Jane McBride, Partner, Deacons

jane.mcbride@deacons.com.hk