Internal Investigation of Market Market for Fortune Global 200 Financial Institution
Lead counsel to a Fortune Global 200 financial institution in the conduct of an internal investigation relating to possible market manipulation.
We have a market leading practice representing clients in Market Misconduct Tribunal (“MMT”) proceedings. Our MMT practice is part of our Financial Services Regulatory offering, for which we have been consistently recognized as an outstanding, leading and recommended practice by independent editorial publications, including the International Financial Law Review 1000 (ILFR1000), the Legal 500, Chambers and Partners and Asialaw Profiles, and for which our lawyers have been consistently recognized as “leading”, “highly regarded”, “well regarded” and “market-leading” lawyers.
We are one of a very small number of Hong Kong law firms who have defended clients in multiple MMT proceedings. Our clients include hedge fund traders, market players involved in asset management and portfolio management, market commentators, listed companies and their directors.
The MMT proceedings on which we have acted have been pioneering cases, setting landmark precedents in significant areas of securities law in Hong Kong, including in respect of the disclosure of false or misleading information inducing transactions under section 277 of the Securities and Futures Ordinance (“SFO”) and the statutory disclosure of inside information under Part XIVA of the SFO.
We advise clients routinely in SFC inspections and audits and SFC investigations and prosecutions to pre-empt or mitigate any risk of SFC prosecution or MMT proceedings.
The areas which we frequently advise on include market misconduct prohibitions (e.g. stock market manipulation, insider dealing, disclosure of false or misleading information) and the disclosure of inside information by market manipulation, insider dealing, disclosure of false or misleading information) and the disclosure of inside information by listed companies and their directors under the SFO.
Lead counsel to a Fortune Global 200 financial institution in the conduct of an internal investigation relating to possible market manipulation.
Lead counsel before the Market Misconduct Tribunal, the Court of Appeal and the Court of Final Appeal in precedent setting market manipulation case stemming from the issuance of a short selling report targeting a PRC based company listed on the Stock Exchange of Hong Kong.
Financial Services Regulatory
Leading Practice
2011
Financial Services Regulatory
Leading Individual
2016
Financial Services Regulatory
Leading Lawyer
2019
Financial Services Regulatory
Well Regarded Lawyer
Financial Services Regulatory
"Positively Ranked"
2018
Financial Services Regulatory
Highly Regarded Lawyer
2019
Financial Services Regulatory
Leading Individual
Financial Services Regulatory
“Recommended Practice”
Financial Services Regulatory
Leading Practice
2016
Financial Services Regulatory
Outstanding Practice
2018
Financial Services Regulatory
Market Leading Lawyer
2017
Financial Services Regulatory
Leading Lawyer
2018
Insider dealing restrictions under the Hong Kong SFO can raise practical problems for hedge fund and private equity managers
Market Misconduct Tribunal proceedings for mishandling of insider information can result in fines and disgorgement orders
We provide guidance on how the SFC enforces the mishandling of inside information and other MNPI (material non-public price sensitive information)
Find out more about how we can help
Contact Us