Issue no. 650 (13 July 2017)
  Dear members/member practices,  

Best Corporate Governance Awards


At a press briefing this afternoon, the Institute invited companies to enrol in the Best Corporate Governance Awards 2017. This year marks the 18th year of the awards and along with a new category for mid-size non-HSI companies, commendations will be handed out to companies in both the private and public sectors with outstanding corporate governance standards. Click here to read the full press release.

SFC enforcement on corporate misconduct and fraud
The joint Restructuring and Insolvency Faculty and Forensics Interest Group lunch seminar on 19 July will cover developments in SFC enforcement to tackle fraud and misconduct of listed companies.

IP protection for innovation in financial sector
The seminar on 24 Aug. will provide an overview on how innovation in the financial sector can be protected under PRC and Hong Kong law, and discuss the management of brands and service marks used by financial sector companies.

The seminar on 28 July will cover China money market updates, liquidity management and possible tax implications.
Enrol in the seminar on 8 Aug. to learn how to establish credit control measures when trading with companies in Asia.
Join the soft skills workshop on 15 Aug. to acquire skills for building a highly engaged team.

Global Directorship Programme
The Hong Kong Institute of Directors is partnering with the Institute of Sustainability Leadership at the University of Cambridge to launch the Global Directorship Programme, which will focus on sustainability that inspires board leaders to go beyond compliance, and excellence in board practices in a global setting. Institute members are entitled to a special rate for enrolment.

Conference on business ethics
Join the ICAC Conference on Business Ethics for Listed Companies on 1 Sept. to learn about the latest developments in corporate governance and the importance of ethical leadership.
Discount Offers

Wolters Kluwer – 15% discount on subscriptions for selected online database on accounting, taxation and law.

Hong Kong Dance – 10% discount on tickets of Mindful Theatre Vipassana at Hong Kong Cultural Centre Studio Theatre showing from 8 to 10 Sept.
Chung Ying Theatre – 10% discount on tickets of Water Margin’s Lou Luo at Hong Kong City Hall showing from 18 to 27 Aug.
Seminar on IFRS 17 Insurance Contracts

On 24 July, two insurance experts will introduce the key changes in accounting for insurance contracts following the issuance of IFRS 17, and share their first impressions of the new standard. Click here to enrol.

Financial reporting and auditing alert
This alert summarizes the latest financial reporting considerations for 2017 including:

Implementation and disclosure of possible impacts of upcoming major HKFRSs

Reminders on Companies Ordinance provisions

Common financial reporting deficiencies

CPA Table Tennis Competition

Take the challenge and compete against fellow table tennis lovers at the annual CPA Table Tennis Competition on 13 and 27 Aug. Members can choose from men's singles, men's doubles, women's singles and mixed doubles.


The monthly dance dinner will be held on 21 July at 百樂會 in Tsim Sha Tsui, and Jazz class for beginners will begin on 29 July.

Sign up for the golf days on 12 and 26 Aug. to swing with your fellow members this summer.
Sign up for the Trailwalker practices in July if you intend to participate in the 2017 Oxfam Trailwalker.
Enrol for the sailing day cruise to Lamma Island to escape hectic city life and enjoy a day out on the water.

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