Sharing the common goal of maintaining an open, fair and transparent securities market in Hong Kong, China, the Independent Commission Against Corruption (ICAC) of the Hong Kong Special Administrative Region of the People’s Republic of China has been collaborating with The Hong Kong Exchanges and Clearing Limited (HKEX) to incorporate anti-bribery requirements in the Listing Rules. These include requiring listed companies to establish on a comply-or-explain basis anti-corruption and whistle-blowing policies and systems, as well as to disclose their compliance information and performance in anti-corruption in their corporate governance report and environmental, social and governance (ESG) report. In addition, ICAC has been providing corruption prevention services to HKEX and relevant professional bodies to strengthen the anti-corruption capacity of listed companies. ICAC publishes corruption prevention guides, provides input to HKEX in its review of the ESG reporting requirements and Corporate Governance Code, gives seminars and training for listed companies executives and industry practitioners, and disseminates anti-corruption information to stakeholders.
Source: Hong Kong Stock Exchanges Listing Rules, https://www.hkex.com.hk/Listing/Rules-and-Guidance/Listing-Rules?sc_lang=en
