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Submissions and Reports
Budget, Policy Address & Major Submissions
Digital, Information & Telecommunications
Environment & Sustainability
Financial & Treasury Services
HKCSI: Trade & Service Industry related Policies
Industry & Technology
Real Estate & Infrastructure
Retail & Tourism
Shipping & Transport
Small & Medium Enterprises
Trade & Business Facilitation
Consultation Paper on Review of the Environmental, Social and Governance (ESG) Reporting Guide and Related Listing Rules
The Chamber welcomes the Hong Kong Exchanges and Clearing Limited‘s efforts to improve the quality of ESG reporting through this consultation exercise. We believe that such enhancements should be supplemented by further investments in education and training to promote better understanding of the intentions behind and benefits of ESG reporting .
Trade Marks (Amendment) Bill 2019
The Chamber supports the updating of Hong Kong’s laws to allow the implementation of the Madrid Protocol domestically.
Consultation Paper 2 on 2018 Draft Convention on the Recognition and Enforcement of Foreign Judgments
The Chamber has called for clarification of a few matters outstanding from the last round of consultation in 2016. The Chamber has also suggested that instead of a selective approach, all antitrust (competition) matters should be excluded from the Convention.
Law Reform Commission's Consultation Paper on Archives Law
The Chamber supports the proposal to introduce legislation on the management of government information subject to a number of conditions. These include clarification on the definition of “public interest” where an application for exemption under the Personal Data (Privacy) Ordinance is made, and that the proposed Law be applicable to all government and public bodies rather than on a selective basis.
Law Reform Commission's Consultation Paper on Access to Information
The Chamber welcomes the proposal to provide statutory backing to the access of government-held records. At the same time, the Chamber has drawn attention to the need to protect business information and accord the latter with the same level of protection as personal data, while calling for a definition of “public bodies” and those subjecting these the proposed Access to Information Law. The Chamber has also argued that no fee should be levied on requests for information.
Consultation Paper on Proposed Amendments to the Codes on Takeovers and Mergers and Share Buy-backs
The Chamber has called on the SFC to carry out a comprehensive evaluation before implementing its proposals to amend the codes on takeovers and mergers and share buybacks.
Consultation on a Proposed New Listing Regime for Emerging and Innovative Companies
The Chamber welcomes and supports the proposal to broaden capital market access in Hong Kong and to enhance the competitiveness of its listing regime by allowing the listing of companies with weighted voting rights. In addition to ensuring that the new listing conditions serve their intended purpose of attracting quality issuers from the emerging and innovative sectors, the Chamber also advocates fairness, investor protection and education.
Consultation on the Guideline on the Keeping of Significant Controllers Register by Companies
In its response to the Company Registry on the consultation on the Guideline on the Keeping of Significant Controllers Register by Companies, the Chamber supports for the publication of the Guideline to provide clarity and certainty to businesses in complying with the relevant legal requirements but has cautioned against giving statutory backing to the Guideline.
Submission on Anti-Money Laundering and Counter-Terrorist Financing
The Chamber supports the Government’s efforts to comply with the Financial Action Task Force’s recommendations on countering money laundering and terrorist financing activities but also reiterates the need to ensure that such undertakings do not affect our ability to compete.
Consultations on the New Board and Review of the Growth Enterprise Market and Main Board Listing Rules
In its response to the Hong Kong Stock Exchange’s consultations on the New Board and Review of the Growth Enterprise Market and Main Board Listing Rules, the Chamber has extended qualified support to the proposals for attracting more companies to list in Hong Kong.
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Admiralty, Hong Kong
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