site stats

Section 213 sfo

Web2 Generally, section 213 of the SFO gives the SFC the power to apply to the court for an injunction and/or other orders where a person has contravened the relevant provisions of … WebAfter over two and a half years since US-based hedge fund manager Tiger Asia Management LLC and its three officers (collectively “Tiger Asia”) sought to strike out the application by the Securities and Futures Commission (“SFC”) for orders under section 213 of the Securities and Futures Ordinance (“SFO”) in the SFC’s market misconduct …

Cap. 571 Securities and Futures Ordinance - e-Legislation

http://hk-lawyer.org/content/section-213-%E2%80%93-sfc-does-it-%E2%80%9Cits-way%E2%80%9D Web20 Jun 2024 · Key proposals include amendments to section 213 SFO to allow the SFC to apply to the Court of First Instance for injunctions and other orders after exercising any of its powers under section 194 or 196 SFO (disciplinary action) against a regulated person, and amendments to the exemption under section 103(1) SFO so that unless authorised by the … eric anderson homes https://hypnauticyacht.com

Consultation on proposed amendments to enforcement-related …

Web4 Jun 2013 · Section 213 empowers the Hong Kong Courts on the application of the Commission to make a broad range of orders designed to remedy and prevent the recurrence of breaches of the Securities and ... WebXIV of the SFO, the relevant section (i.e. section 213(1)(a) (i)(A)) does not give, and was never intended by the Legislature to give, the SFC the result it contends. Moreover, Tiger … Weborder under section 213(8) against a regulated person to pay damages where the SFC has exercised any of its disciplinary powers against a regulated person. As noted above, the … eric anderson hp

Gibson Dunn: Hong Kong SFC Consults on Significant …

Category:Hong Kong – SFC Proposes Amendments To Securities And

Tags:Section 213 sfo

Section 213 sfo

SFC’s powers to seek compensation for investors

Web20 Feb 2024 · S.213 and helps fill the gap for the lack of a class action regime in Hong Kong and provides more effective relief to investors than criminal proceedings in the Market … Web1 Aug 2024 · Decisions of the MMT and of the Court of First Instance (the latter in respect of injunctive and remedial orders under section 213 of the SFO (see Question 17, Insider …

Section 213 sfo

Did you know?

Web24 Jun 2024 · Section 213 of the SFO enables the SFC to apply to the Court of First Instance for various orders including injunctions and the payment of damages, where there has … WebIt is also noteworthy that, since the case of Securities and Futures Commission v Tiger Asia Management LCC (2013) 16 HKCFAR 324, SFC now has the power to apply for a number …

http://hk-lawyer.org/content/section-213-%E2%80%93-sfc-does-it-%E2%80%9Cits-way%E2%80%9D WebSection 214 SFO From an enforcement perspective, the most eye-catching part of the guidance note to directors is the SFC's commentary on section 214 of the SFO. The SFC stressed that it will take enforcement action under section 214 in situations where the business or affairs of a listed have been conducted in a manner: Client Briefing June 2024

Web11 Oct 2024 · Referring section 110(1) of SFO, how the information be submitted in respect of advertisement, invitation or documents-----Securities and Futures (Client Securities) Rules (Cap.571H) ... L.N. 213 of 2002 (Originally) List out the classes of transactions that section 170(3)(e) and the classes of persons that section 171 of SFO not to be applied ... WebOrdinance (SFO) – paving the way for the SFC to pursue compensatory claims on behalf of investors. (See our previous client briefings for more information on the background of …

http://www.ifphk.org/pdf/2024/Response-to-SFC-Consultation-Paper-on-Proposed-Amendments-to-Enforcement-related-provisions-of-the-Securities-and-Futures-Ordinance.pdf

Web8 Mar 2016 · The SFC’s frustration with the DOJ was probably part of the reason why the SFC drove an aggressive agenda to stretch the scope of section 213 SFO. Through the … find my ipad soundWeb29 Nov 2024 · Details. This HMPPS Policy Framework sets out the requirement to complete a SFO review when a supervised individual is charged and appears in court for a qualifying … find my ipad setupWebThe SFC proposes to expand section 213 of the SFO to allow it to apply to the CFI for injunctions and other orders, including orders to pay compensation, where it has … eric anderson mckinney txWebHousing Act 2004, Section 213 is up to date with all changes known to be in force on or before 29 March 2024. There are changes that may be brought into force at a future date. … eric anderson mogadore ohioWeb2 Dec 2024 · Section 213 of the SFO creates a statutory cause of action vested in the SFC, as a regulator, to bring an action on behalf of investors who have sustained losses from … eric anderson insurance agentWeb1 Jul 2024 · On 10 June 2024, the Securities and Futures Commission (“SFC”) launched a consultation on proposed enforcement-related amendments to the Securities and Futures Ordinance (“SFO”) to allow more effective enforcement action. The proposed amendments are as follows:-Injunctions and other orders: The SFC proposes that section 213 of the … eric anderson obituary washingtonWeb30 Jun 2024 · Section 213 of the SFO allows the SFC to apply for injunction and other orders from the Court of First Instance (“CFI”). Under the current legislative regime, the SFC can … eric anderson law firm