Issue no. 775 (16 January 2020)
  Dear members/member practices,  

BCGA Series – latest practices in risk management and internal control, and ESG


Join the two seminars in the Best Corporate Governance Awards (BCGA) Series in February and learn ways to improve your governance practices and prepare for changes to reporting requirements in Hong Kong:


The seminar on 20 Feb will share the latest risk management and internal control (RM & IC) practices and tips on what makes an effective RM & IC system.

The seminar on 27 Feb will discuss the latest trends in environmental, social and governance (ESG) reporting and the speaker will share their experience advising a variety of different businesses.


Early closing


The Institute's offices and library will close at 4 p.m. on 24 Jan (Chinese New Year's Eve).


Hedge fund fundamentals
Enrol in the workshop on 26 Feb to learn the key value and risk drivers of hedge fund investment. The speaker will also examine how fund managers pick good hedge funds and their key investment consideration, as well as the new role of hedge funds in merger and acquisitions.

ERP Series – Audit and controls in ERP systems
The Enterprise Resource Planning (ERP) Series from February to May will cover the four critical end-to-end business processes and the embedding of controls when designing ERP systems. The speaker will share her experience on how to design an ERP system to bring managerial and operational efficiencies.

MBIG cocktail reception – Viewing Chinese culture from the Spring Ox picture
Join the Mainland Business Interest Group (MBIG) cocktail reception on 28 Feb to meet the veteran feng shui master, Dr Michael Chiang (蔣匡文), who will explain how the Tongsheng (通勝) and Spring Ox picture (春牛圖) were used to predict the weather and economy. This is also a good opportunity to network with fellow members in an informal atmosphere.

Last chance to join the seminar on 31 Jan to learn the benefits, procedures and criteria for obtaining Hong Kong tax resident status in order to enjoy treaty benefits under comprehensive double taxation agreements and arrangements.

Don’t miss the workshop on 12 Feb which will cover how to evaluate various spinoff models and how to plan a successful spinoff for a listed company.

Join the seminar on 12 Feb for discussions on the latest interpretations of certain provisions within Public Notice [2015] No. 7, corporate income tax implications for corporate restructuring and application of tax treaty protection for cross-border transactions.

Join the three workshop sessions on 18 Feb, 3 and 10 Mar to understand the nature of financial gimmicks and use of corporate actions.

IFAHK 6th Asia Pacific Regional Conference
The International Fiscal Association, Hong Kong Branch (IFAHK) will hold the 6th Asia Pacific Regional Conference on 26-28 May with the theme “The Future of Tax in the Asia Pacific Region”. Register before 1 Apr to enjoy the early bird rates offered to Institute members at HK$4,821 or HK$4,354 for members under 35 years old.
Dance Fun Night

The annual Dance Fun Night returns on 7 Mar at 百樂會 in Tsim Sha Tsui, which provides you an opportunity to have a glimpse of different types of Ballroom dance, Latin dance and Jazz Funk dance.

Definition of a business (Amendments to HKFRS 3)

The workshop on 22 Apr will cover the amendments to HKFRS 3 Business Combinations, including the revised definition of a business and the optional concentration test that help assess whether a company has acquired a group of assets, rather than a business. The speaker will also share examples and practical application issues.

Reminder HKFRS 15: Sharing application experience

Don’t forget to join the workshop on 10 Feb to hear common examples of applying the HKFRS 15 Revenue from Contracts with Customers, including misconceptions or misapplications.

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.

Ngong Ping Charity Walk 2020

Two Institute teams took part in the 20km and 34km races at the Ngong Ping Charity Walk on 12 Jan. The 20km team finished third at the corporate team category. Click to see photos.

Singing technique classes

Enrol in the singing technique classes starting in mid-January to improve your vocal skill for singing pop songs. Join a class that suits your level or the stage performance technique class to build up your confidence on stage.

Bridge training course

Polish your bridge playing skills by enrolling in the bridge training course beginning on 8 Feb.


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