All posts tagged "Accountants"
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83Hong KongHong Kong Introduces Bill to Boost FRC’s Regulatory Powers
Under the proposed regime, regulatory powers currently vested with the HKICPA will be transferred to the Financial Reporting Council.
July 26, 2021 -
83AML / KYCAustralian Senate to Launch Inquiry into DNFBP Regulation
The inquiry will examine the impacts of bringing DNFBPs into scope under Australia's AML/CTF regime, including AUSTRAC's capacity to regulate 100,000 more entities.
June 25, 2021 -
208AML / KYCWEF Offers Framework to Help Prevent Illicit Financial Flows
The "Unifying Framework" published this month sets out five core practices for gatekeepers to use to identify and respond to potential illicit activity.
June 16, 2021 -
107Enforcement
HKICPA, FRC Agree to Share Information, Refer Cases
The MoU is expected to enhance audit quality, contribute to the development of the Hong Kong audit market, and promote confidence in the capital markets.
May 11, 2021 -
290Australia & NZAustralia Considers Making CDR Data More Portable
Under draft rules, accredited businesses would be able to share CDR data with their agents, or sponsor other parties to become accredited.
May 6, 2021 -
258AML / KYCUS Lawmakers Call for ‘War-like Footing’ Against Corruption
In a letter to Janet Yellen, two lawmakers have called for AML obligations to be expanded to hedge funds, private equity, and other professional enablers.
May 6, 2021 -
392FeatureHKEX to Lessen Profit Requirement Hike for Main Board IPOs
The three-year profit requirement will be raised from HK$50mn to HK$80mn, compared to the HK$125mn or HK$150mn options proposed in November.
May 6, 2021 -
261AML / KYCFATF Publishes New Zealand Mutual Evaluation Report
Of the 40 recommendations, New Zealand is 'Compliant' on 21, 'Largely Compliant' on 7, and 'Partially Compliant' on 12.
April 30, 2021 -
205Securities & TradingUS SEC Identifies Accounting Issues with SPAC Listings
Some warrants issued to early SPAC investors may have been recorded as equity instruments when they should have instead been recorded as liabilities.
April 15, 2021 -
400AML / KYCAustralia Lags Regional Peers on DNFBP Regulation: Report
Australia is sending a message to financial criminals around the world that its lawyers, accountants and property market are open for business.
April 3, 2021
