On 27 November 2023, the Financial Services and the Treasury Bureau (FSTB) published a Consultation Paper seeking feedback on proposals aimed at promoting paperless corporate communication by Hong Kong companies. The FSTB is proposing to introduce an implied consent mechanism and streamline the notification requirement for Hong Kong-incorporated companies disseminating corporate communications by means of their website.
The FSTB is seeking public feedback on its proposals and the deadline for responding to the Consultation Paper is 26 January 2024. Submissions can be made in writing to [email protected] or by mail to Division 6, Financial Services Branch, Financial Services and the Treasury Bureau, 15/F Queensway Government Offices, 66 Queensway, Hong Kong. The FSTB intends to finalise the proposals and introduce an Amendment Bill to the Legislative Council in the second half of 2024.
