Issue no. 681 (2 March 2018)
  Dear members/member practices,  

2018-19 government budget - Institute supportive of broad direction


The government's 2018-19 budget reflects a good year for Hong Kong's economy and offers a positive outlook for the near and medium-term. The Institute commented it could have included more specific measures to improve the competitiveness of the tax system, as well as to help both the less fortunate in society and small and medium sized enterprises. Click here for the Institute's press releases and budget proposals submitted earlier.

In the evening after the budget announcement, members attended a lively panel discussion on the budget with Hon. Regina Ip and Hon. Kenneth Leung.

A PlusLeading the battle
The February issue of A Plus features an interview with the president of the Financial Action Task Force on Money Laundering; investigates research and development activities in Hong Kong and the government's support for them; starts a new series of interviewing members aged 35 and under with six CFOs discussing their career highlights and difficulties; and thought leadership on design thinking.

Spring Cocktail 2018 highlights
Guests from the Hong Kong Special Administrative Region and the central governments, businesses, and regulators joined the Institute's Council and committee members to celebrate the year of the dog at the spring cocktail reception on 23 Feb. Click to see photos.

U.S. income tax system overview and implications of the U.S. tax reform
Join us at the seminar on 8 Mar to learn more about the implications of the recently passed U.S. tax reform bill and the possible actions to be taken to address the changes.

National Customs Clearance Integration Regime Reform and Royalty and Customs Valuation
At the event on 12 Mar, the speaker will outline the main contents of the reform, as well as the risks and challenges faced by enterprises and some tips to cope with these changes. Key concerns on royalties and customs valuations from the customs' angle will also be highlighted.

ForensIG spring debate and cocktail 2018
Join us on 15 Mar for ForensIG spring debate on this year's hot topic "More Regulation vs. Less Regulation" and whether the development of the world economy is improved through more or less regulation. A cocktail and networking session will follow to celebrate the year of the dog.

IT series
The IT series in April will focus on the latest technology development relevant to the finance industry and enable you to start planning your own FinTech roadmap.

Practical insight: Asian bond investments in new era
Enrol in the seminar on 24 Apr to learn more about the major Asia bond markets and their latest developments, key features of bond investment, and key early warning signals for bond investment in Asia.

Don't forget to enrol in the seminar on 16 Apr on preventing and dealing with discrimination in the workplace.
to CPD learning centre and events calendar for more activities.
Anti-money laundering guidelines
The Institute's Anti-money laundering guidelines come into effect on 1 March 2018.

United Nations sanctions notices

The latest update of the United Nations sanctions list is now available in Chinese and English. Click here for further information in regards to the United Nations sanctions.

Members' handbook updates

Updates no. 215 and 216 both pertain to the Code of Ethics for Professional Accountants (revised).

IASB Update

The February IASB Update is now available.

Tennis training courses

Come join the 4-session tennis training course starting in early April and learn from a professional coach. Elementary and intermediate sessions are available.

Table tennis league

Sign up for the table tennis league on 15 Apr to put your skills to the test. Don't miss this match experience.

Snooker training courses

Sign up for the 4-session beginner or intermediate snooker training course starting on 8 Apr if you are interested in this cue sport.


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