Issue no. 760 (27 September 2019)
  Dear members/member practices,  
  Download the new HKICPA Events app  

The Institute’s new events app is out now. The app features personalized event browsing, membership dashboard, in-event interaction and many more improvements and functions. The app is available for download from the App Store and the Google Play Store. Click here for more details.

Consequence of non-compliance with CPD requirements

The Professional Accountants Ordinance requires members to comply with the continuing professional development (CPD) requirements as a condition for membership renewal. Click here for details.


Office closure

The Institute's offices and library will be closed on 1 Oct for National Day.

Opening of bank accounts and recent trend on corporate banking services

At the seminar on 4 Oct, representatives from Bank of China (Hong Kong) will share how to fend off possible difficulties in opening bank accounts and key considerations in loan application. The recent trend of electronic payment services will also be discussed.

British Virgin Islands: What professionals need to know
Join the lunch seminar on 14 Oct to meet with a licensed British Virgin Islands liquidator based in the territory. Gain insights on the latest developments in economic substance rules, beneficial ownership the anti-money laundering regime in the BVI, and their implications for professionals.

FSIG lunch seminar – A new era of Hong Kong’s insurance industry
Register for the lunch seminar on 15 Oct where the speaker will outline the latest developments of insurtech, the Insurance Authority’s risk-based capital regime and direct regulation of insurance intermediaries. The regulatory impact on Hong Kong’s insurance industry will also be analysed.

BCGA series: CLP and COSCO share their experience on developing award-winning corporate governance
Enrol in the seminar on 16 Oct to hear from two regular award winners sharing their knowledge and experience of the important ingredients of good corporate governance, including the operation and structure of effective boards, sustainability and social responsibility reporting, risk management and shareholder/ investor relations.

MBIG study tour to Guangzhou
Join the study tour to Guangzhou from 25 to 26 Oct to enhance your understanding of the latest developments in Guangzhou, including its culture, through visits to local enterprises, theGuangzhou International Finance Center and sightseeing.

Accountants, WeCare
The WeCare stress management sessions in October and November will discuss the causes and effects of stress and how it can be better managed to enhance your own well-being and performance.

Workshops on listing on the Hong Kong Stock Exchange
The workshops from October to December will cover the preliminary planning stages, the pre-initial public offering considerations, the initial public offering process, and the continuing obligations of a listed entity. Participants will learn about the key aspects for listing, as well as merger and acquisition of listed/listing entities on the Hong Kong Stock Exchange, illustrated by practical examples and common application issues.

Last call to join the case studies workshop on 5 Oct to learn how to identify investment opportunities and how to apply event-driven investing strategies in equity markets to enhance portfolio returns.

Don’t miss the lunch seminar on 8 Oct to learn more about the latest developments in Singapore in the use of scheme of arrangements in debt restructuring situations.

Last chance to register at the early bird discount rate for the annual IT Conference on 19 Oct to learn how seize opportunities through technology advancement to drive their success.

32nd LAWASIA Conference
The 32nd LAWASIA Conference, jointly organized by The Law Association for Asia and the Pacific (LAWASIA) and The Law Society of Hong Kong, and entitled “Harmonization through Synergy” will take place in Hong Kong from 6 to 8 Nov. Featuring 120+ eminent speakers from all over the world and from different sectors including government bodies, lawyers associations, law firms and other sectors will share their insights on topical areas for the legal profession. Issues to be covered include alternative dispute resolution, banking and finance, human rights and law firm management. Register before 30 Sept to enjoy the early bird rates.

ACFE HK's 20th Anniversary Conference cum Annual Dinner
The Association of Certified Fraud Examiners (ACFE) is organizing its 20th Anniversary Conference cum Annual Dinner on 12 Nov, with the theme “Looking Back, Moving Forward – Future of Fraud Examination”. Speakers will highlight their insights and approaches to prepare fraud examiners to deal with fraud in the future. Interested members can enrol by 18 Oct to enjoy the discounted rate. Click here for event and registration details.
ORO tender notice

The Official Receiver’s Office (ORO) has issued a tender notice for taking up of appointment as provisional trustees under s.12(1A) of the Bankruptcy Ordinance. The deadline for tender submission is 16 Oct 12:00 noon.

HKFRS 16 Leases: Update and practical considerations

The seminar on 8 Oct will discuss the key issues in implementing HKFRS 16 Leases from different perspectives and the impacts of the standard on businesses beyond financial reporting.

IFRS/HKFRS 17 Insurance Contracts – General insurance

The workshops on 28 and 29 Oct will help non-life insurers to develop a working knowledge of the standard. They will focus on specific application and practical examples, as well as reinsurance and interaction with other standards.

IFRS/HKFRS 17 Insurance Contracts – Life insurance

Join the workshops on 30 and 31 Oct to gain in-depth knowledge and acquire practical application skills about IFRS/HKFRS 17 Insurance Contracts in relation to life insurance.

AML notice

Visit the Institute's anti-money laundering dedicated webpage for the updated lists of terrorists, terrorist associates and relevant persons/entities under United Nations sanctions.

Group insurance programme update

The group medical and life insurance programmes for individual members and member practices have been renewed for 2019-20. Click here for the highlights of each policy.

Recruitment of CPA sailing team members

Put your name forward if you are interested in representing the Institute at the Around the Island Race 2019 on 24 Nov. Submit your keel boat experience for selection.

Singing technique classes

Join a singing technique class starting in September to improve your vocal skill for singing pop songs.


Last chance to register for the annual CPA golf tournament on 24 Oct to compete for the Wong Tan Cup and Deloitte Touche Tohmatsu Trophy.

Don’t forget to form teams with QP students and graduates for the annual 7-a-side CPA football competition in November 2019 and January 2020.

ACFE's fraud investigation advanced course
The Hong Kong Chapter of the Association of Certified Fraud Examiners (ACFE) will host a 4-part advanced training course on fraud Investigation on Saturday mornings in October, partnering with the Centre of Criminology of the University of Hong Kong.

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