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FRC launches new Whistleblowing Policy

They are therefore an important and highly valued source of intelligence to the FRC. Through our new policy, we aim to ensure an efficient flow of intelligence from this important channel.”

AFRC Concludes Successful First Day of the Regional Regulatory Forum 2025, Fostering Dialogue on Accounting's Future

Panel discussions on corporate governance and culture, audit quality, artificial intelligence, and sustainability assurance underscored the need of the profession to be purposeful, progressive, and resilient amid changing regulatory, environmental, and technological landscapes, so as to secure the long-term integrity and competitiveness of capital markets. ... We have established a co-ordination mechanism that regularly brings regulators together to share market insights and intelligence, and to address cross-sectoral issues or emerging issues, ensuring that our regulatory frameworks remain agile, forward-looking and responsive to market situations, and facilitate market innovation.＂ Mr Chan added, “Looking ahead, the accounting profession in the region must rise to today’s and tomorrow’s challenges, while capturing the opportunities arising.

AFRC publishes the Complaint Guidelines

AFRC publishes the Complaint Guidelines 7 December 2022 Complaints are an important source of intelligence for the Accounting and Financial Reporting Council ( AFRC ) to combat potential misconduct and accounting noncompliance.

AFRC Welcomes Process Review Panel Report 2024-25

The report also recognises the AFRC’s efforts in implementing previous recommendations and offers constructive suggestions on enhancing specialist expertise, leveraging artificial intelligence and strengthening case information management.

AFRC supports the Chief Executive’s 2025 Policy Address

The AFRC endorses the government’s focus on promoting artificial intelligence (AI) for Hong Kong’s future development.

AFRC to Organise Regional Regulatory Forum in Hong Kong for the Accounting and Auditing Profession

Panel discussions on governance, audit quality, artificial intelligence (AI), and sustainability assurance will examine the shifting regulatory, environmental, and technological demands.

AFRC sets out Strategic Priorities for 2025-2027

The three-year strategic plan considers the impacts of a dynamic business landscape, including the complexities of accounting standards and regulatory requirements, talent shortage challenges, rapid advancements in technology especially relating to artificial intelligence, and an increasing focus on sustainability.

AFRC publishes global audit regulation study, reinforcing dedication to world‑class standards

• Strategic Priorities: Future-proofing the profession for a digital age Audit regulators require a clear understanding of the evolving landscape of the profession, including the rise of artificial intelligence (AI) and talent shortages. The AFRC’s strategic priorities recognise these realities, with initiatives focused on digital transformation, talent development, and market intelligence. Dr David Sun, Chairman of the AFRC, said, “Robust audit regulation is essential to safeguarding market integrity, sustaining investor confidence, and reinforcing Hong Kong’s standing as a leading international financial centre.

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