New video has emerged of Jada Pinkett Smith laughing just moments after her husband Will Smith slapped Chris Rock. 

The video – which was uploaded to TikTok – comes as Rock spoke out for the first time since the infamous incident.

The academy’s board of governors met on Wednesday to begin action against Smith for violating the organisation’s standards of conduct.

Discipline for Smith could include suspension, expulsion or other sanctions, the academy said.

Smith remained seated in the front row after the incident, and the academy suggested it attempted to remove the actor from the audience.

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“Things unfolded in a way we could not have anticipated,” the academy said.

“While we would like to clarify that Mr Smith was asked to leave the ceremony and refused, we also recognise we could have handled the situation differently.”

After Smith struck Rock in response to a joke about his wife, Jada Pinkett Smith, several stars including Denzel Washington, Bradley Cooper and Tyler Perry spoke with the 53-year-old Smith.

Within an hour, Smith won best actor for King Richard, receiving a standing ovation. During his acceptance speech, Smith talked about defending his family and apologised to the academy.

The academy said Smith had the opportunity to defend himself in a written response before the board met again on April 18.