Planning Policy Guidance Notes

To instigate foreign investment, increase the attractiveness and efficiency of the capital market, and enhance regional and international market competitiveness: The Capital Market Authority Approves the Rules for Foreign Investment in Securities

Retrieved on: 
Friday, May 5, 2023

RIYADH, Kingdom of Saudi Arabia, May 05, 2023 (GLOBE NEWSWIRE) -- The Capital Market Authority ("CMA") approved the Rules for Foreign Investment in Securities (the “Rules"), Amendments to the Investment Accounts Instructions, Amendments to the Implementing Regulation of the Companies Law for Listed Joint Stock Companies and Amendments to the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority, which shall be effective as of the date of their publications.

Key Points: 
  • The approved Rules only requiring the QFI to open an investment account in accordance with the Investment Accounts Instructions issued by CMA.
  • This is to ensure the obligation of the capital market institution to make sure that the QFI is meeting all relevant qualification conditions.
  • The rules will also contribute to the transformation of knowledge and experiences in local capital institutions and investors, thereby enhancing the role played by institutional investors in the Saudi capital market.
  • In addition, the foreign investors' ownership ratio of the free float total market value increased from 3.77% in 2018 to 14.21% by the end of 2022.

PCPD Offers All-round Support for SME Dedicated Hotline and Email Set Up for SME

Retrieved on: 
Sunday, February 26, 2023

Date: 26 March 2018

Key Points: 
  • Date: 26 March 2018
    PCPD Offers All-round Support for SME
    Dedicated Hotline and Email Set Up for SME
    To strengthen communication and cooperation with small and medium enterprises (SME), the office of the Privacy Commissioner for Personal Data, Hong Kong (PCPD) today launches a dedicated hotline and email service providing advice on data protection to SME.
  • Frequent business activities have made the handling of personal data of customers and staff members a daily routine of SME.
  • However, with limited resources, SME in general find it difficult to comply with the Personal Data (Privacy) Ordinance (the Ordinance).
  • The dedicated hotline and email service for SME aim to provide SME with a readily available channel to make enquiries about how to ensure compliance with the Ordinance.

Telling the World a Good Hong Kong Story Privacy Commissioner Attends the 58th Asia Pacific Privacy Authorities Forum

Retrieved on: 
Wednesday, November 30, 2022

Date: 30 November 2022

Key Points: 
  • Date: 30 November 2022
    Telling the World a Good Hong Kong Story
    Privacy Commissioner Attends the 58th Asia Pacific Privacy Authorities Forum
    The Privacy Commissioner for Personal Data, Hong Kong (Privacy Commissioner), Ms Ada CHUNG Lai-ling, and senior officers of the Office of the Privacy Commissioner for Personal Data, Hong Kong (PCPD) attended the 58th
    Asia Pacific Privacy Authorities (APPA) Forum from 29 to 30 November 2022.
  • During the Forum, the Privacy Commissioner shared with APPA members the enforcement experience of the PCPD as regards doxxing cases and the new crimination investigation and prosecution powers of the PCPD.
  • The Privacy Commissioner, Ms Ada CHUNG Lai-ling, said, The weaponisation of personal data by doxxing has caused great concern in the community.
  • Founded in 1992, APPA is the principal forum for privacy and data protection authorities in the Asia Pacific region to strengthen cooperation, discuss best practices and share information on privacy regulation, emerging technologies and the handling of complaints relating to privacy.

Reaching Out to Businesses – Privacy Commissioner attends meeting of the Business Facilitation Advisory Committee

Retrieved on: 
Friday, November 11, 2022

The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, and the Chief Personal Data Officer of the Office of the Privacy Commissioner for Personal Data (PCPD), Ms Amy CHAN Mei-yee, attended the 49th meeting of the Business Facilitation Advisory Committee (BFAC) on 9 November to introduce to its members the PCPDs role in assisting businesses and companies to enhance data governance.

Key Points: 
  • The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, and the Chief Personal Data Officer of the Office of the Privacy Commissioner for Personal Data (PCPD), Ms Amy CHAN Mei-yee, attended the 49th meeting of the Business Facilitation Advisory Committee (BFAC) on 9 November to introduce to its members the PCPDs role in assisting businesses and companies to enhance data governance.
  • To assist companies in establishing a comprehensive privacy management system, the PCPD has issued the Privacy Management Programme: A Best Practice Guide and established the Data Protection Officers Club.
  • The Privacy Commissioner advocates that companies should embrace personal data protection as part of their data governance and develop their Personal Data Privacy Management Programme and appoint a Data Protection Officer so as to ensure compliance with the requirements of the Personal Data (Privacy) Ordinance.
  • Please click here for the paper submitted by the PCPD to the BFAC.

Enforcement Notice - Decision - 22-0175 - IN THE MATTER OF FORTRADE CANADA LIMITED - Temporary Order

Retrieved on: 
Thursday, November 10, 2022

TORONTO, Nov. 10, 2022 /CNW/ -Following an application made with notice on November 9, 2022, in Toronto, Ontario, a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) granted a temporary order in the matter of Fortrade Canada Limited.

Key Points: 
  • TORONTO, Nov. 10, 2022 /CNW/ -Following an application made with notice on November 9, 2022, in Toronto, Ontario, a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) granted a temporary order in the matter of Fortrade Canada Limited.
  • In respect of the month of October 2022, Fortrade shall provide the audit trail by November 16, 2022.
  • The terms and conditions of the temporary order shall remain in effect until the conclusion of the hearing on the merits or until further order of a hearing panel.
  • The Hearing Panel's temporary order is available at:
    The Notice of Application pursuant to which the temporary order was granted is available at:
    The Temporary Order relates to a disciplinary proceeding to be initiated against Fortrade Canada Limited.

TransGlobe Energy Corporation Operations Update

Retrieved on: 
Wednesday, September 29, 2021

CALGARY, Alberta, Sept. 29, 2021 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) provides the following operations update. All dollar values are expressed in US dollars unless otherwise stated.

Key Points: 
  • Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future.
  • Many factors could cause TransGlobe's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, TransGlobe.
  • Mr. Ron Hornseth, B.Sc., General Manager Canada for TransGlobe Energy Corporation, and a qualified person as defined in the Guidance Note for Mining, Oil and Gas Companies, June 2009, of the London Stock Exchange, has reviewed the technical information contained in this report.
  • While encouraging, readers are cautioned not to place reliance on such rates in calculating the aggregate production for TransGlobe.