Corporate counsel are transitioning from simply a technical expert on a subject matter to be a trusted adviser, which implies that in-house counsel should be aware of the business operation of their companies holistically, and contemplate how the legal piece can fit into the company’s bigger business model.
The role of corporate counsel is no longer simply about what is legal and what is not. They are expected to advise on the best way forward for the company, and how to navigate that legally.
Capricious capital market. Late last year, China Securities Regulatory Commission (CSRC) announced plans for a sweeping overhaul in its approval regime for IPOs which created a lot of excitement in the market. However, the attractiveness of listing in China has been eclipsed by the recent unprecedented volatility of the Chinese stock markets and the aggressive response by the regulators.
Lin Shi is the new president of Hong Kong Corporate Counsel Association. She is also the co-deputy head of the IPO transactions department in the listing division of Hong Kong Exchanges and Clearing Limited