By Maya Lester KC & Michael O’Kane

Banks delist structured products in Hong Kong due to US sanctions

According to reports, JP Morgan, Morgan Stanley and Goldman Sachs will delist approximately 500 structured products listed on the Hong Kong Stock Exchange to implement Executive Order 13959, which comes into effect today (11 January 2021). Hong Kong Exchange and Clearing explained that the decision was a “direct result” of US sanctions. On 6 January 2021, the New York Stock …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

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