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HKIFA was pleased to have Jingyuan Shi, Partner at Simmons & Simmons, to share updates about China’s cross-border data transfer rules.

Published in March by the Cyberspace Administration of China, the Provisions to Promote and Regulate Cross-Border Data Flows are more business-friendly in general. Jingyuan gave an overview of the new rules, and discussed the implications for fund managers.

Amid the growing interest in investing in India, HKIFA invited an Indian law firm to share updates on the recent regulatory development in India and the implications for fund managers, particularly on the disclosure requirements set out by the Securities Exchange Board of India for foreign portfolio investors (FPI).

Cyril Shroff and L Viswanathan, Managing Partner and Partner at Cyril Amarchand Mangaldas respectively, provided an overview on FPI, and the requirements on the identification of beneficial owners.

Stay connected with HKIFA for more insights into global regulatory updates!

The latest HKIFA x PWMA webinar series featured Dr. Guo Peiyuan from SynTao Green Finance and China SIF, who shared the findings based on his research report “Top 10 Trends of Responsible Investment in China 2024”, and the broader ESG landscape in China. He also discussed the implications of the new sustainability reporting guidelines for listed companies, which were released by the China stock exchanges for public consultation in February 2024.

Thank you Dr. Guo for his insightful sharing with members of the two associations!

Representatives from the Hong Kong University of Science and Technology and the Securities and Futures Commission provided a demonstration for our members on the recently launched greenhouse gas emission tools last week.

Developed by the HKUST and the Green and Sustainable Finance Cross-Agency Steering Group, the tools help address the ESG data gaps by enabling users, such as small and medium-size enterprises and financial institutions, to calculate or estimate greenhouse gas emissions.

The GHG Emissions Calculation and Estimation Tools are available for free public use here: https://sustainablefinance.org.hk/en/data-technology

HKIFA is delighted to host a webinar with representatives from Simmons & Simmons on retail fund offerings in the Middle East last week.

Muneer Khan, Head of Middle East Region and Eva Chan, Head of the Hong Kong office and Hong Kong Funds Practice from Simmons & Simmons, shared with HKIFA members the regulatory landscape and strategic considerations pertinent to fund distribution in this dynamic region.

Stay connected with HKIFA for more insights into global fund distribution and strategies.

HKIFA webinar – “China PIPL”- practical implementation issues (such as implications to offshore entities, assessments to be conducted, which approaches to choose for outbound transfer, roles of the respective parties in the chain of transfer)

As more guidance has been issued by the mainland regulators re China PIPL recently, we will schedule a webinar at which representatives from Simmons and Simmons will deep dive into the implementation details.

Key learning from the first session of the 14th National Committee of the Chinese People’s Political Consultative Conference and the first session of the 14th National People’s Congress

With the successful conclusion of the two sessions in the mainland, we are very honored to invite Dr. Hon TAN Yueheng, JP, Member, Legislative Council of the HKSAR to share with us his insights re the key learning.

In recent years, China has accelerated the opening-up of China’s financial service sector, releasing a series of new policies and guidelines to provide foreign financial institutions easier access to China market. With the further deepening of financial reform and opening-up, a series of foreign financial institutions continue to increase their investment and business in Beijing. Beijing has also further promoted the facilitation of cross-border investment through QDLP and QFLP pilot program.

To enable foreign institutions to better understand China and in particular, Beijing’s foreign investment implementation policies, Beijing Private Equity Association (北京基金业协会) has lined up Hong Kong Venture Capital and Private Equity Association (香港创业及私募投资协会) and HKIFA to jointly hold Beijing QDLP, QFLP Pilot Program Seminar.

14 06 2024 08:13:04am