Corporate Governance Code and Corporate Governance Report - What are the key changes?

May 2015

With the objective of enhancing the standard of corporate governance amongst companies listed in Hong Kong (“the Issuers”), the Hong Kong Exchanges and Clearing Limited (“the Exchange”) released a Consultation Conclusions Paper in December 2014 and confirmed a series of changes to the existing code relating to internal control and risk management (Appendix 14), effective for issuers with accounting periods beginning on or after 1 January 2016.