Individual accountability – ACRU 2020 review: part one

Individual accountability – ACRU 2020 review: part one

A central theme to emerge from the Institute’s 21st Annual Corporate and Regulatory Update (ACRU) webinar, held on 5 June, was that regulators in Hong Kong will increasingly be holding individual executives, board members and professional practitioners accountable for...
Disclosure in times of crisis – ACRU 2020 review: part two

Disclosure in times of crisis – ACRU 2020 review: part two

Corporate disclosure issues featured highly in the discussions at this year’s Annual Corporate and Regulatory Update (ACRU). This second part of our ACRU review looks at the insights into corporate disclosure offered by regulators and practitioners speaking at the...
AML/CTF compliance – ACRU 2020 review: part three

AML/CTF compliance – ACRU 2020 review: part three

This third and final part of our review of ACRU 2020 focuses on the insights shared at the forum regarding anti–money laundering and counter–terrorist financing (AML/CTF) compliance. Two years on from the implementation of Hong Kong’s new anti–money laundering and...
The social credit system – are you prepared?

The social credit system – are you prepared?

Carl Li, Senior Partner, AllBright Law Office, makes recommendations for meeting the compliance requirements of the social credit system, which is scheduled to become fully operational in the Mainland by the end of 2020. Corporate compliance is becoming increasingly...
Bank culture reform in Hong Kong

Bank culture reform in Hong Kong

Herbert Smith Freehills looks at a new report issued by the Hong Kong Monetary Authority on its review of self-assessments on bank culture made by 30 authorised institutions. On 22 May 2020, the Hong Kong Monetary Authority (HKMA) published a report on its review of...
PRC Individual Income Tax reforms: anti-avoidance tax provisions

PRC Individual Income Tax reforms: anti-avoidance tax provisions

In the second of this two-part series, Henry Kwong, Tax Partner, and Matthew Cheung, Tax Manager, Cheng & Cheng Taxation Services Ltd, assess the salient features of the anti-avoidance tax provisions, recently introduced as part of the PRC Individual Income Tax...
Careers in Governance – Dominic Wu ACIS ACS

Careers in Governance – Dominic Wu ACIS ACS

What is your role as a governance professional? ‘I provide oversight of all sorts of risks for several business lines within my bank. Risk management is a key component of governance, assisting the business to better identify and manage risks so as to accomplish...