Institute submission on the Financial Reporting Council (Amendment) Bill 2021 now available (6 September 2021)

Dear members,

As promised in our last email, this is an update on our submission to the Bills Committee on Financial Reporting Council (Amendment) Bill 2021 on the regulatory reform of the accounting profession.

Ahead of the 7 September meeting of the committee the Institute’s submission has been published.

In our submission we set out how these proposals will have a significant impact on the role and responsibilities of the Institute and result in major reorganization with potential operational and financial implications for the Institute. Our response reiterates the views of members and students, as expressed through the survey regarding the regulatory reform, and reports 11 key issues to the Bills Committee that have been under consideration. We also proposed six amendments for the committee’s consideration.

Yours sincerely,

Hong Kong Institute of Certified Public Accountants

Install the HKICPA Events app

Disclaimer: Some sections contain information from outside sources. We endeavour to link to reputable sources but the Institute is not responsible for the accuracy of the content and the content does not necessarily represent the views of the Institute.

This email together with the file(s) transmitted is intended solely for addressee(s) only and may contain confidential or privileged information. If you received this email in error, please contact the sender and delete it together with its attachment(s) from your computer(s). You should note that the views expressed in this email are those of the author and do not necessarily represent those of the Institute. The recipient should check this email and all attachments for the presence of virus. The Institute will not accept liability for any damage caused by any viruses transmitted with this email.

Manage communication preferences | Privacy policy | Personal information | Contact us