Issue no. 713 (18 October 2018)
  Dear members/member practices,  
  Membership renewal for 2019  

The 2019 renewal notice will be emailed to you in mid-November. While the 2019 member annual fee will be waived in full for members whose names were on the register at 31 Dec 2017, you will still need to submit your continuing professional development declaration to renew your membership. If necessary, update your contact details here or opt in for hardcopy renewal notice latest by 31 Oct. Click here for more details.


How to decide whether it's CPD
Seminars, conferences and online courses are acceptable as continuing professional development (CPD) activities. When choosing CPD courses, think about whether they contribute to the development of professional competence relevant to your work. Visit the CPD learning resource centre for various courses and learn more about CPD requirements.

Professional Diploma in Insolvency – Call for enrolment
The Institute's Professional Diploma in Insolvency, covering liquidation, personal insolvency, corporate rescue and restructuring, and cross-border insolvency, will begin in November. The programme is reimbursable under the Continuing Education Fund. Enrol by 26 Nov or click here for more details.

Mega trends in sourcing from China
The workshop on 12 Nov will discuss the opportunities and challenges facing Chinese manufacturers, and the impact of the recent geopolitical and economic power shifts currently playing out and determining what the future holds.

Industry updates
Attend the upcoming seminar covering regulatory, accounting and tax updates relating to retirement schemes and the investment funds industry on 14 Nov.

Trade war between China and U.S. – customs and other relevant issues
At the Mainland Business Interest Group lunch seminar on 19 Nov, Derek Lee, Partner of PwC Customs & International Trade, will talk about the impact of the China and U.S. trade war and what companies can do to mitigate the adverse impact of the current tariff environment and will highlight potential opportunities.

Business valuation for IPO and corporate transaction circular
Join the seminar on 22 Nov to learn more about the common valuation items in an initial public offering, notifiable transactions and relevant disclosure requirements and merits of market approach vs. income approach.

The Practice Management Series starting from 29 Oct aims to help small- and medium-sized practitioners better prepare for the challenges and opportunities ahead of them, topics include how to develop a people strategy, expansion through mergers and acquisitions, building and growing your firm, as well as risk management.

Don't forget the seminar on 25 Oct to learn more about the economic outlook of Mainland China, its economic transformation and the latest issues and impacts of U.S.-China trade war.

Last call to join the From CPA to CPA Plus programme in November which features four modules tailored for financial professionals to build a systematic business mindset, from financial investment theory to practical application.

HKSFA Annual Cocktail
Hong Kong Society of Financial Analysts is organizing its Annual Cocktail on 4 Dec. Institute members can enjoy the discounted rate of HK$350 by using the discount code "profess3".
Snooker training courses

Sign up for the 4-sesson beginner or intermediate weekly snooker training course starting on 18 Nov to brush up your snooker skills.

Invitation to comment

The Institute is seeking comments on the Exposure Draft Practice Note 850 (Revised) Reporting on Flag Days and General Charitable Fund-raising Activities Covered by Public Subscription Permits issued by the Social Welfare Department by 10 Nov.

United Nations sanctions notices

The following United Nations Sanctions were published on 16 Oct:

Gazettal of Terrorists and Terrorist Associates under United Nations (Anti-terrorism Measures) Ordinance (Cap. 575) includes updating of specification of terrorists and terrorist associates designated by the United Nations Security Council (SC) Committees.

The updated list of individuals, groups, undertakings and entities under the United Nations Sanctions (ISIL and AL-Qaida) Regulation.

Members can find the latest news regarding AML lists and regulations on the Institute's dedicated webpage.

Merry Monday

Bordeaux wine is popular for reasons including its unique taste, character and the different styles found between the left and right banks of the region. Join the Merry Monday on 5 Nov to find out more about Bordeaux wine and enjoy a relaxing evening.

Tennis training courses

Join the tennis training course beginning on 13 Nov and learn from a professional coach. Elementary and intermediate sessions are available.

Golf day

Swing with your fellow members at the golf day at Phoenix Hill Golf Club in Dongguan on 17 Nov.


Don't miss the weekly swimming classes to improve your techniques at the Victoria Park Swimming Pool between November and January.

Sign up for the CPA Singing Contest on 17 Nov to showcase your vocal talents. If you wish to improve your vocal skill for singing pop songs, enrol in the singing technique classes starting in November.


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