Showing 217 - 224 of 274 results
New Memorandum of Understanding to strengthen collaboration between the HKMA and the AFRC
The enhanced cooperation will facilitate the AFRC’s regulatory efforts in upholding the quality of financial reporting, auditing and the accounting profession’s work in relation to the banking sector, which is vital to the HKMA in assessing the financial resilience of banks and ensuring their safety and soundness.
FRC welcomes the Government’s 2022-23 Budget
The FRC will continue to deliver effective regulatory outcomes in respect of audit regulation to safeguard and further strengthen Hong Kong’s position as a vibrant and competitive international financial centre.
Press Releases
Press Releases AFRC Issues 2025–26 Annual Report 24 June 2026 AFRC reprimands former CPAs, Mak Kwong Yiu, Chan Lai Yee and Wong Shuk On, for CPA misconduct and imposes fines totalling HK$760,000 following criminal convictions for conspiracy to defraud 18 June 2026 AFRC Welcomes Process Review Panel Report 2024-25 5 June 2026 AFRC imposes HK$300 million fine and six-month practice limitation on PricewaterhouseCoopers and HK$10 million in fines on its two former registered responsible persons over the Evergrande Audits 23 April 2026 Court of Appeal dismisses applications of Chiang Sham Lam Anthony and Anthony S.
Press Releases
Press Releases AFRC Issues 2025–26 Annual Report 24 June 2026 AFRC reprimands former CPAs, Mak Kwong Yiu, Chan Lai Yee and Wong Shuk On, for CPA misconduct and imposes fines totalling HK$760,000 following criminal convictions for conspiracy to defraud 18 June 2026 AFRC Welcomes Process Review Panel Report 2024-25 5 June 2026 AFRC imposes HK$300 million fine and six-month practice limitation on PricewaterhouseCoopers and HK$10 million in fines on its two former registered responsible persons over the Evergrande Audits 23 April 2026 Court of Appeal dismisses applications of Chiang Sham Lam Anthony and Anthony S.
Press Releases
Press Releases AFRC takes first ever disciplinary actions against multiple practice units for non-compliance with anti-money laundering requirements and imposes fines totalling HK$290,000 5 March 2026 AFRC reprimands and fines Forvis Mazars CPA Limited HK$1.4 million and Grant Thornton Hong Kong Limited HK$2.32 million for widespread and systemic failures to archive files on a timely basis 3 March 2026 AFRC welcomes the Government’s 2026-27 Budget 25 February 2026 AFRC advocates the value of transparency reports in driving trust and market confidence 16 February 2026 AFRC issues open letter to PIE auditors on upholding audit quality and professional integrity amid rising IPO engagements 13 February 2026 Cross Agency Steering Group announces Strategic Priorities for 2026–2028 30 January 2026
FRC Welcomes Government's Budget
The FRC is building a strategic relationship with the Ministry of Finance on cross-border audit regulation to deliver effective regulatory outcomes and serve the public interest, which plays an important role in supporting Hong Kong in strengthening its leading position in the global financial market.”
Honorary Advisory Panel
Prior to his retirement in June 2014, Peter served as an audit partner in the Beijing office of KPMG China, bringing extensive expertise in delivering audit services for both PRC and international companies. ... With over 35 years of audit and assurance experience, he was a member of the Financial Reporting Review Panel (FRRP) between July 2018 and July 2024. ... He is currently a Senior Adviser at Information Systems Audit and Control Association (ISACA) and a member of CPA Australia.
Advisory Committee
He held the position of Director of Audit at the Audit Commission of the Hong Kong SAR Government from 2012 to 2018. ... He is the founding Chairman of the Hong Kong Association of Registered Public Interest Entity Auditors, the Chairman of the Consumer Council and the Chairman of the Audit Committee of the HKICPA. ... With decades of experience in Chinese Mainland and Hong Kong, her background includes auditing, talent development and business transformation.