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Exchange Introduces E-training for Listed Companies’ Directors

Regulatory
18 Dec 2018

The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), today (Tuesday) introduced e-training for directors of companies listed on the Exchange. 

The e-training is part of the Exchange’s ongoing commitment to promote and maintain good corporate governance standards and practices amongst issuers. 

The e-training comes as new amendments to the Listing Rules on corporate governance will take effect on 1 January 2019, following the Exchange’s publication of its “Consultation Conclusions on Review of the Corporate Governance Code and Related Listing Rules.

The first e-training course covers six topics that will take around 45 minutes to complete:

  • Corporate governance update 2018
  • Appointment of independent non-executive directors (INEDs)
  • INEDs’ role
  • Directors’ attendance at meetings and dividend policy
  • Weighted voting rights issuers’ corporate governance requirements
  • Key messages and conclusions

“Our first e-training is designed to help directors of companies listed on the Exchange understand our new corporate governance requirements that take effect on 1 January 2019,” said David Graham, HKEX’s Head of Listing.  “Directors should participate in training to develop and refresh their knowledge and skills so as to ensure that their contribution to the board remains informed and relevant. We will continue to look for innovative ways to provide training for directors.”  

Please see the HKEX website for further details of the e-training.

 

Ends

Updated 06 May 2020