HK regulator spots compliance failures among IPO sponsors

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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