The Market Misconduct Tribunal recently found that a no material adverse change (“no-MAC”) statement published by CITIC Limited in 2008 did not constitute market misconduct under s. 277 of the...
Syren Johnstone
Faculty of Law, University of Hong Kong, Principal Lecturer
Mr. Johnstone has worked for over 25 years in securities regulation and corporate finance. He has undertaken senior management roles regulated by the Securities and Futures Commission and The Stock Exchange of Hong Kong Limited, and is currently a member of the SFC’s Fintech Advisory Group. In 2016, he co-authored Financial Markets in Hong Kong: Law and Practice (OUP). His academic works have been referenced in Legco and by the Court of Appeal. He is a solicitor in England & Wales and Hong Kong.
