management process of mutual funds, the SEC encourages asset management companies to strengthen the efficiency of such process. This includes establishing a clear risk management policy and measures
to disclose this information to warn investors before they make investment decisions. For example, leasehold property funds (Type1), which are prohibited from investing in new assets, must give clear
. However, attending the said board meeting does not clear any directors from wrongdoings in the past. If any of them are found to have obstructed a shareholders meeting or prevented it from taking place
of foreign banks only is acceptable. In any case, moreover, clear statement on legal issues must be included for investment decision making.?In case that the foreign bank branches offer for sale of
expected to help tackle with the issues concerning discounted private placement, capital increase without clear objective or use of money raised through capital increase for other objectives.
regulations focus more on clear and adequate information disclosure for investment decision making,? said Vorapol.
aspects are summarized as follows:(1) Enhancing clarity in PFS disclosure requirements by stipulating that disclosures must be clear, transparent, and not misleading regarding the nature, type, risks, or
. Related Party Transactions × XII. INTERESTS OF EXPERTS AND COUNSEL XIII. FINANCIAL INFORMATION A. Consolidated Statements and Other Financial Information × B. Significant Changes × XIV. ADDITIONAL
, featuring experts from relevant agencies, aims to provide information to investors and those affected by business rehabilitation to enhance their understanding of their rights and the related processes
experts who share their views on Hong Kong fund industry landscape, the role of transfer agents, and Hong Kong tax system. The participants include fund managers, custodians, and fund distributors from 29