Financier Worldwide Magazine’s Post

This is an insightful article by Gordon Walker published in the Company and Securities Law Journal on “Capital Market Law Reform in Papua New Guinea”. A look into law reforms in 2015-2024 adopting Malaysian models and the significant amendments to the SCA vesting the executive power of the Chair over capital markets to the Board of Commissioners. A power once vested in a single chair.

Quick Facts for SFC Licensed Corporations - Intermediaries Supervision In our first video of our new legal series, we look at the SFC's philosophy in regulating firms.   What is Intermediaries Supervision? Intermediaries supervision is the regulation of corporations licensed by the SFC. Under the risk-based approach, the SFC prioritises the regulation of risks which have greater potential for damage to the investing public.    If you would like to find out more on this topic or contact one of our lawyers, please see the link in the comments below. #TimothyLoh #SFC #Regulation #LawFirm #HongKong

The Practising Law Institute (PLI)'s Eighth Annual Institute on Corporate & Securities Law in Asia 2024 took place in Singapore last week. DVC member Jacqueline Law was invited to join as a panel speaker on Day 2 to compare recent developments in arbitration in Singapore and Hong Kong. Moderated by Yuet Min Foo (Drew & Napier LLC), other panelists included Prof Darius C. (Singapore Management University), Sui-Hang Hui (Sidley Austin LLP Hong Kong) and Vicky Zhao (JunHe LLP Beijing). Speakers shared their observations on contrasting contingency arrangements/third party funding (ORFS rules in HK), and comparing the enforcement of interim measures/awards (especially vis-à-vis Mainland China). The panel also examined the multi-tiered clauses in the case 𝑪𝒗𝑫 𝒗𝒆𝒓𝒔𝒖𝒔 𝑰𝑹𝑪 𝒗 𝑳𝒖𝒇𝒕𝒉𝒂𝒏𝒔𝒂, and the impact of recent rule changes in HKIAC/SIAC. The two-day event brings together experts from governments, corporations, banks, academic institutions, and private law to discuss the latest insights into the issues facing corporate & securities law practitioners in Asia. #DVC #DesVoeuxChambers #Hongkong #Singapore #arbitration #internationalarbitration #ORFS #thirdpartyfunding #tpf #HKIAC #SIAC

At #ISLG, we dive deep into the legal instruments shaping investor-state disputes. Our latest ISLG Reports highlight the crucial frameworks every legal professional should be familiar with: 🔗 Bilateral Investment Treaties (BITs) 📜 Free Trade Agreements (FTAs) 🌍 International Treaties and Rules 🌎 NAFTA (replaced by USMCA) 🏛️ National Investment Law #ISLGReports offer comprehensive insights into these and other legal instruments, equipping legal professionals with the knowledge they need to navigate the complexities of investor-state disputes. Which investment treaty or legal instrument do you find most impactful in your practice? #legalresearch #investmentlaw #isds #arbitration #legalcounsel

Fried Frank partners David Mitchell and Nihal Patel will participate in panels at FIA, Inc.'s Law and Compliance Division Conference on April 25. David will speak on the "Buyside Hot Topics" panel to discuss the regulatory, legal and operational issues that are top of mind for asset managers and investments funds. Nihal will speak on the panel, "No Shelter Here: Global Regulations Impacting US Firms," sharing practical insights on how laws and regulations outside the United States stand to impact firms and their clients. Click below for more details and to register!

Tina Meigh and Hailee Robinson discuss derivatives law and regulations within the Cayman Islands in this article for The International Comparative Legal Guide: Derivatives 2024 published by Global Legal Group. For more, visit https://lnkd.in/e5_8NfsW. #CaymanIslands #Derivatives

https://lnkd.in/gSwGpyaG. "Vague provisions in #HongKong new #nationalsecurity law around #statesecrets and links to foreign entities have put on edge many global businesses in the #financialhub, with some consultants and hedge funds updating contingency plans and seeking legal advice in a bid to counter this #politicalrisk." The only thing to fear is fear itself is not the case. Don't just make plans. Act to minimize the risk. #FDi #dataflows #datatranfers #regulatoryrisk #decoupling #diversification #riskmanagement #espionage Reuters #duediligence

CSRC's Power Grab: Local Offices Get New Teeth, Law Firms Bite Back The China Securities Regulatory Commission (CSRC) is shaking up the legal world. Effective May 18, 2024, the CSRC has handed over significant oversight powers to its local offices. This power grab means law firms will now deal with multiple regulatory bodies, each with its own rules and expectations. While the CSRC claims this move will streamline processes, many fear it could lead to a regulatory patchwork. With local offices having the final say on changes in material matters and annual registrations, law firms face a daunting task of complying with potentially conflicting rules. This could stifle innovation and increase costs for businesses. Moreover, the decentralization of power raises concerns about the overall effectiveness of oversight. The CSRC's ability to detect systemic issues or fraudulent activities could be compromised. As the dust settles, law firms will need to adapt quickly to this new landscape. Building strong relationships with local CSRC offices will be crucial. But the broader implications for the Chinese legal and business environment remain to be seen. Only time will tell if this power shift will be a boon or a bane for the industry. [Insert link to CSRC Notice] #CSRC #lawfirms #oversight #china #securities #regulation #compliance #localoffices #decentralization #financialmarkets #legal #business #economy #investing #finance #news #policy #government #change #impact #risk #opportunity #reform #powergrab #regulatory #legalindustry #china

The Mexican Securities Market opens to Simplified Issuers (small and medium enterprises). Review our analysis on the recent amendments to the Mexican legal framework. #mexicosecurities #Mexicanstockexchange #mexicoESG #BMV #BIVA