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Speeches and Presentations

Speeches and Presentations Acting CEO Ms Janey Lai's remarks at LegCo Panel on Financial Affairs on 2024-25 budget 5 February 2024 Chairman Dr Kelvin Wong’s remarks at LegCo Panel on Financial Affairs on 2024-25 budget 5 February 2024 Presentation for members of the Hong Kong Independent Non-Executive Director Association (HKiNEDA) relating to Guidelines on Selecting Auditors and Setting Audit Fees 28 November 2023 Chairman Dr Kelvin Wong’s remark at the Hong Kong Institute of Directors’s Annual Dinner cum Presentation of Directors Of The Year Awards 2023 23 November 2023 Chairman Dr Kelvin Wong’s presentation at the Chartered Institute of Management Accountants (CIMA) Annual Conference 2023 20 November 2023 Presentation on 2023 CPD Carnival Day 18 November 2023

FRC publishes articles with IFEC to educate retail investors

Dr Kelvin Wong, Chairman of the FRC said, “It is encouraging to learn that our readerfriendly, audit related articles have drawn the attention of the general public and the media. The FRC takes it as our responsibility to educate the public on essential financial reporting and audit knowledge, thereby enabling them to understand the key messages and implications embedded in the financial statements and the auditor’s report.

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.

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.”  

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.

Consultations and Studies

Consultation on the Proposed Regulatory Framework for Sustainability Assurance in Hong Kong 30 December 2025 Consultation Conclusions in relation to FRC’s / AFRC’s Disciplinary Process and Sanctions Approach 23 June 2022 Engagement and Consultation on FRC’s / AFRC’s Regulatory Regime (English version only) 9 March 2022 Consultation Paper in relation to FRC’s / AFRC’s Disciplinary Process and Sanctions Approach 9 March 2022 Comparative Study on Audit Oversight Functions 5 June 2017 Consultation paper: Proposal to improve the regulatory regime for listed entity auditors 30 June 2014