Corporate Finance Advir Code of Conduct October 2011
Table of contents
Definitions 1 Corporate Finance Advir Code of Conduct 3
1.Introduction 3
2.Conduct of business 5
3.Competence 6
4.Conflicts of interest 7
5.Standard of work 8
6.Duties to the client 11
7.Communication with Regulators 12
8.Personal account dealings 12
Definitions
Advising on corporate
finance
See paragraph 1.2 of the Code
Authorized financial institution A bank, a restricted licence bank or a deposit-taking company
Code Corporate Finance Advir Code of Conduct
Corporate Finance Advirs Persons or entities who carry on the business of advising
on corporate finance in Hong Kong and are licend or
registered under the Securities and Futures Ordinance
(Cap. 571) as a licend reprentative, licend
corporation or registered institution. For a registered
institution, this also includes its Relevant Individuals
Designated Compliance Officer The person within a Corporate Finance Advir who supervis and overes the compliance function of the Corporate Finance Advir, who may carry out other functions or responsibilities
IFA Independent financial advir肺宁口服液
Listed company A company or corporation the shares of which are listed on
the Stock Exchange
Listing Rules The Rules Governing the Listing of Securities on the Stock
Exchange and the Rules Governing the Listing of
Securities on the Growth Enterpri Market of the Stock
Exchange
Regulators The SFC and/or the Stock Exchange as appropriate Relevant Individuals Individuals who advi on corporate finance for or on
银行辞职behalf of or by an arrangement with a registered institution
and who names are entered in the register maintained by
the Monetary Authority under ction 20 of the Banking
Ordinance (Cap.155)
Relevant Persons Employees or directors of a Corporate Finance Advir
臧的读音
who are likely to have access to confidential information in
relation to a matter where the Corporate Finance Advir is
advising on corporate finance
Senior Management Managing director, the board of directors or the chief
北的组词executive officer of a corporation or other nior operating
课程资源包括哪些内容management personnel in a position of authority over a
corporation’s business decisions
SFC Securities and Futures Commission
Share Repurcha Code The Hong Kong Code on Share Repurchas
Stock Exchange The Stock Exchange of Hong Kong Limited
Takeovers Code The Hong Kong Code on Takeovers and Mergers Takeovers Executive The Executive Director of the Corporate Finance Division of
the SFC or any delegate of the Executive Director
Corporate Finance Advir Code of Conduct
1. Introduction
1.1 Purpo of this Code
This Code ts out requirements and guidelines in respect of the conduct of Corporate Finance Advirs.
员工福利礼品1.2 Corporate finance advice
内账“Advising on corporate finance” means giving advice:
(a) concerning compliance with or in respect of regulations including the Listing
Rules, the Takeovers Code and the Share Repurcha Code respectively;
(b) concerning:
(i) any offer to dispo of curities to the public;
(ii) any offer to acquire curities from the public; or
(iii) acceptance of any offer referred to in sub-paragraph (i) or (ii), but only in so far as the advice is given generally to holders of curities or a class of
curities; or
(c) to a listed corporation or public company or a subsidiary of the corporation or
company, or to its officers or shareholders, concerning corporate restructuring
involving curities (including the issue, cancellation or variation of any rights
attaching to any curities),
but does not include advice given by:
(i) a person who is licend to deal in curities who gives such advice
wholly incidental to the carrying on of that curities dealing business;
几何(ii) an authorized financial institution which is registered to deal in curities and gives such advice wholly incidental to the carrying on of that
curities dealing business;
(iii) an individual -
(A) who name is entered in the register maintained by the Monetary
Authority under ction 20 of the Banking Ordinance (Cap. 155) as
engaged in the business of dealing in curities by an authorized
financial institution registered for that business; and
(B) who gives such advice wholly incidental to the carrying on of that
curities dealing business.
(iv) a corporation solely to any of its wholly owned subsidiaries, its holding
company which holds all its issued shares, or other wholly owned
subsidiaries of that holding company;
