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Adobe PDFHong Kong Enacts a Statutory Disclosure Regime: Statutory Obligation for Hong Kong-Listed Corporations to Disclose Price Sensitive Information Becoming Effective on January 1, 2013
Michael G. DeSombre, Kay Ian Ng, Gwen Wong; Sullivan & Cromwell (Hong Kong);
Legal Alert/Article
May 17, 2012, previously published on May 14, 2012
With effect from January 1, 2013, Hong Kong will implement a statutory disclosure regime requiring Hong Kong-listed corporations to disclose price sensitive or inside information. Such regime will have the force of law and failure to make timely disclosures may attract civil sanctions, including a...