HONG KONG INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
Membership Details for the Year 2025
Securities Regulatory Advisory Panel
| Objective |
| The Securities Regulatory Advisory Panel (“Advisory Panel”) is grouped under the auspices of the Auditing and Assurance Standards Committee (“AASC”) to develop and update practice notes and other guidance to members on the matters related to securities intermediaries. |
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| Composition |
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The Advisory Panel reports to the AASC. Members include representatives from the industry and subject experts from firms. The Advisory Panel consists of six to eight members who collectively possess the following skillsets:
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| (a) |
have practical experience and direct knowledge of financial and regulatory reporting in relation to securities intermediaries; and |
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| (b) |
be knowledgeable on the latest development of relevant legislation and regulations. |
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Terms of Reference
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| 1. |
To advise if the following affect the interests of members and the profession:
| (a) |
matters related to securities intermediaries; and |
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| (b) |
rules and regulations issued by the securities industry regulator, namely, the Securities and Futures Commission. |
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| 2. |
To review and comment on consultative papers, existing and proposed legislation and regulations related to securities intermediaries which affect the interests of members and the profession. |
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| 3. |
To provide support to the Financial Reporting Standards Committee, AASC and the Ethics Committee in developing and updating accounting, assurance and ethics standards and guidance/ practice notes to members on matters related to securities intermediaries, including: |
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| (a) |
reviewing and commenting on related exposure drafts issued by the Institute or other professional bodies (e.g. IASB and IFAC etc.); and |
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| (b) |
updating the relevant practice notes and where appropriate, making reference to the latest development of the standards, regulatory requirements and industry practice. |
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| 4. |
To attend meetings with the Institute, the Securities and Futures Commission and other professional bodies on ad hoc accounting and assurance matters specific to securities intermediaries. |
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| 5. |
To contribute to the activities of the Institute by taking up the role of leader, forum chair and/ or article writer for designated securities related matters or projects. |
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