Thursday June 19 2014
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: Hong Kong
Link: http://www.sfc.hk/edistributionWeb/gateway/EN/consultation/openFile?refNo=14CP4
On 18th June 2014, The Securities and Futures Commission (SFC) began a one month consultation on proposals to amend the Guidelines for the Exemption of Listed Corporation from Part XV of the Securities and Futures Ordinance.
The SFC proposes to amend the Guidelines by providing two additional categories for exemption – Categories 4 and 5, to cover participants of the Stock Exchange and participants of a recognised clearing house who are themselves clearing houses if certain conditions are met.
Click link above for further details.