最新资讯

How cyber security breaches impact personal data protection in particular in relation to the European Union General Data Protection Regulation (GDPR) on Hong Kong businesses

The news of cyber security breaches come waves after waves. Cathay Pacific leaks information consist of passengers’ names, nationalities, dates of birth, travel document numbers and historical travel details. The hacking of Marriott’s Starwood reservation system exposes data of up to 500 million guests. Just over a week ago, Hong Kong credit reporting agency TransUnion was forced to suspend its online services over unauthorised access of personal credit information.
 
Hong Kong business has largely ignored the EU General Data Protection Regulation (GDPR) that replaced the preceding data protection laws in all European Union (EU) countries on 25 May 2018. The potential impact of GDPR on Hong Kong business with ineffective cyber security measures could be severe.
 

Two-tiered profits tax rates regime

On 29 March 2018, the Inland Revenue (Amendment) (No.3) Ordinance 2018 was gazetted to implement the two-tiered profits tax rates regime proposed by the Chief Executive. The two-tiered profits tax rates regime applies to both corporations and unincorporated businesses in any year of assessment commencing on or after 1 April 2018.

How IFRS 17 affects Hong Kong insurers

This new IFRS Standard for insurance contracts which are aimed at helping investors and others better understand insurers’ risk exposure, profitability and financial position. IFRS 17 replaces IFRS 4 and will be effective from 1 January 2021.

New global CEO appointed

We’re delighted to announce that Anton Colella has been appointed as Moore Stephens International’s new global Chief Executive Officer following a worldwide search.
 
Anton Colella is currently global Chief Executive of the Institute of Chartered Accountants of Scotland (ICAS).
 
  • 1
  • 2
  • Showing results 1 to 20 of 25