HK regulator spots compliance failures among IPO sponsors

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By Jonathan Breen
27 Mar 2018

Hong Kong’s Securities and Futures Commission (SFC) has asked IPO sponsors in the city to improve their standards, after discovering a number of compliance failures in their work.

Following an inspection of the work done by 31 sponsors since October 2013, the regulator has found many deficiencies, according to a circular published on Monday. These include not following up obvious red flags in due diligence, failing to

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