HKEx Directors Training | 18 | Corporate Governance Code

Charltons Hong Kong law firm explains the major Hong Kong laws and HKEx Listing Rules applicable to HKEx listed company directors including their obligations under the Corporate Governance Code set out in Appendix 14 to the Listing Rules. The Code contains two tiers of obligations: Code Provisions which are subject to a “comply or explain” requirement and recommended best practices. The Code covers 5 principal areas: Directors; Remuneration of Directors and Senior Management; Accountability and Audit; Delegation by the Board and Communication with Shareholders. Charltons is a dynamic independent Hong Kong law firm focussed on IPOs, Listing Rules, the Takeovers Code, Hong Kong SFC regulatory matters, M&A and corporate finance deals.

HKEx Directors Training | 17 | Corporate Governance

HKEx Directors Training | 19 | Model Code for Securities Transactions by Listed Issuers’ Directors