《證券及期貨條例》第XV 部 – 披露權益: 上市公司董事及股東須知 Disclosure of Interests: Part XV of the SFO – Essentials for Directors and Shareholders of a Listed Company

*Please note this course will be conducted in Cantonese*

Although the Disclosure of Interest regime under the SFO has been in place for over 14 years, it is still a minefield for many, in particular for those substantial shareholders, directors, chief executives who are required by law to disclose their interests in a listed company secretaries, financial controllers or legal counsels who may have to assist in preparing these forms. This course will give a comprehensive overview of the current disclosure of interests regime under the SFO, concentrating on the requirements for directors and shareholders of listed companies.

Speakers

Speaking Opportunities

Detailed Information

Highlights of the course include:

  • Who needs to disclose?
    o Disclosure obligations of substantial shareholders, directors and chief executives
    o What are “deemed interests”?
  • Family interests
  • Trusts
  • Controlled corporations
  • Associated corporations
  • Founder
  • Beneficiary
  • Concert parties
  • What needs to be disclosed?
    o What is an “interest” in shares?
    o Short positions & stock lending
    o Derivatives interests and underlying shares
    o How about H Shares or non-voting shares?
  • When do you need to disclose?
    o What is change in the nature of an interest?
  • De minimis exceptions and other exemptions
  • New forms and and a new Disclosure of Interests Online (DION) System effective 3 July
  • Investigations by listed companies of shareholders
  • Listed company to keep Registers
  • Breach of Part XV and potential liabilities
  • Practical worked examples

Registration Conditions

To view our registration conditions click here.