SFC Elaborates on the Liabilities of Directors and Senior Executives

SFC Elaborates on the Liabilities of Directors and Senior Executives

In the May 2017 issue of its newsletter, Enforcement Reporter, the Securities and Futures Commission (SFC) discussed director and senior executive liabilities and senior management accountability in listed companies, particularly in relation to corporate fraud and misfeasance. The regulator also listed some of its enforcement powers that could be used to pursue directors and senior executives who are responsible for misconduct, and reminded readers of a recent guidance in relation to valuations in corporate transactions. Read more…