The Market Misconduct Tribunal’s first finding of breaches of the inside information disclosure requirements for listed companies in AcrossAsia Limited (“AcrossAsia”)

New disclosure requirements imposed on listed companies under the Securities and Futures Ordinance (“SFO”) have been effective since on 1 January 2013.

Under these requirements, a listed company is obliged to disclose inside information as soon as reasonably practicable when the information has or ought reasonably have come to the knowledge of an officer of the listed company.

Filed under:
Indonesia, Capital Markets, Company & Commercial, Insolvency & Restructuring, Litigation, White Collar Crime, Kennedys Law LLP
Authors:
Joanie Ko , Kevin Yam , Mark West , Rudy Chung , Rachel Yuen
Location:
Indonesia
Firm:
Kennedys Law LLP