Hong Kong SFC appoints Cleary partner as corporate finance director

The Hong Kong Securities & Futures Commission (HKSFC) has appointed Cleary Gottlieb Steen & Hamilton partner Megan Tang as director in its corporate finance division.

Tang will report to corporate finance division executive director Brian Ho when she joins the commission next month. The division is responsible for regulating takeover and merger activities, administering the dual filing and corporate disclosure regimes, and overseeing listing policy matters.

Tang joined Cleary’s Hong Kong office as a partner in 2008 from Shearman & Sterling, where she was counsel. Her practice focuses on capital markets, M&A and private equity transactions. She has also advised many public companies and their major shareholders and management on corporate governance and compliance matters, such as general disclosure obligations, insider trading, the Foreign Corrupt Practices Act and anti-corruption regulations.

The HKSFC has hired a number of lawyers from private practice in recent years. In October 2011, the HKSFC appointed former Herbert Smith Asia head Ashley Alder as its chief executive for a three-year term (1 August 2011).