19 May 2020

Dear PIE auditors,

Application for Exemption from Compulsory Quarantine under Compulsory Quarantine of Certain Persons Arriving at Hong Kong Regulation (Cap. 599C) for a category of persons of the accounting profession

In accordance with the recently amended Compulsory Quarantine of Certain Persons Arriving at Hong Kong Regulation (Cap. 599C), the Chief Secretary for Administration has designated the following category of persons of the accounting profession for exemption from the compulsory quarantine arrangement, subject to completing certain required application procedures.

 

The category of persons is

  ¡§Certified public accountants (practising), partners, directors or employees of practice units registered with the Hong Kong Institute of Certified Public Accountants under the Professional Accountants Ordinance (Cap. 50), who are required to travel to the Mainland to conduct audit work for companies listed on a recognized stock market (as defined by section 1 of Part 1 of Schedule 1 to the Securities and Futures Ordinance (Cap. 571)) and having Mainland operations, to assist those companies to fulfil their obligations under relevant Ordinances or other regulatory instrument that govern the operation of the companies or their business.¡¨

 

The Institute has been working closely with the Financial Services and the Treasury Bureau (¡§FSTB¡¨) on the matter and is providing administrative support in implementing the exemption for this category of persons in accordance with the operating procedures prescribed by the FSTB.

Please refer to the attached information paper for the exemption mechanism and details of the application conditions and procedures. Annex 1 and Annex 2 outline the requisite information to support the application by the practice unit and the applicant. Please note that Annex 1 and Annex 2 have restricted editing features enabled. You may only input in the areas shaded in yellow.

Should you wish to apply for the exemption, please return the duly completed Annex 1 and Annex 2, together with the requisite supporting documents to Member Support Department, Hong Kong Institute of Certified Public Accountants, 27/F, Wu Chung House, 213 Queen¡¦s Road East, Wanchai, Hong Kong. You may in parallel send a scanned copy of all the documents via email to 599Cexemption@hkicpa.org.hk. Please note that approval would only be granted when original copy of the application is received.

After approving the application, FSTB will issue an authorisation letter to each exempted person, which will be dispatched through the Institute to the practice unit.

Should you have any enquiries, please contact Ms. Canny Liu by phone at 2287 7030.

 

Yours sincerely,
Hong Kong Institute of CPAs

 

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