The Legal, Compliance & Secretarial Services Division is responsible for providing legal advisory services (other than listing matters handled by Listing) and overseeing regulatory compliance and secretarial services functions of HKEX. It is organised into the following functions:
Legal Services include advising on the legality of projects undertaken by the group, preparing and reviewing contracts to which any group member is a party, amending and advising on the provisions of the rules of the Stock Exchange, the Futures Exchange and the recognised clearing houses, advising on effective case management of any litigation and arbitration involving any group member, and advising on the statutory and regulatory requirements applicable to operational and administrative matters of the group.
Regulatory Compliance seeks to ensure that HKEX and its regulated affiliates (other than LME and LME Clear) have adequate procedures to comply with their regulatory obligations under legislation and memoranda of understanding with regulators. Among other responsibilities, Regulatory Compliance provides an assessment of the adequacy of such procedures that is independent of HKEX business lines and leads or facilitates the self-assessments and on-site reviews performed at the request of HKEX regulators. Regulatory Compliance also develops, maintains and monitors internal compliance policies pertaining to staff ethics/code of conduct.
Secretarial Services is responsible for providing company secretarial services for HKEX group of companies, ensuring HKEX is operating at the highest level of corporate governance and is in compliance with the relevant statutory and regulatory requirements.