Submissions on the Consultation Paper on the Regulation of Sponsors and Independent Financial Advisers jointly published by the Securities and Futures Commission (SFC) and Hong Kong Exchanges and Clearing Limited (HKEx) have been posted on the HKEx website*.  The consultation conclusions are expected to be considered by the Listing Committee before the end of the year and by the Commission thereafter. 

The submissions can be viewed by visiting the HKEx website at the following link: 

http://www.hkex.com.hk/eng/newsconsul/mktconsul/marketconsultation.htm

* The consultation ended on 31 July 2003.  We have published all submissions except where respondent have requested that their submission not be published.