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.
Insurers’ social contributions are important too
Managing Director – Advisory Services, Patrick Rozario has partnered with
Management & Excellence (M&E) Chief Executive, Dr. William Cox to publish the article
“Insurers’ social contributions are important too” on Insurance Asia News.
馬施雲香港宣佈三項新委任
馬施雲香港欣然宣佈三項新委任,自2018年10月1日起生效。
黎鴻威加入馬施雲香港為審計董事
馬施雲香港欣然宣佈,黎鴻威加入本所為審計董事。
Amended China Individual Income Tax Law has far reaching impact
On 31 August 2018, the Standing Committee of the National People’s Congress passed the amendments to the Individual Income Tax Law (the “IIT Law”) during the 13th National People’s Congress of the People’s Republic of China. This is the seventh amendments since the enforcement of IIT Law in 1980. The last amendment was made in 2011.
Moore Stephens Company Secretarial Service by First Island Secretaries Limited
With the new requirement by the Companies (Amendment) Ordinance that came into effect on 1 March 2018, we are pleased to announce that our secretarial services that were previously provided by Moore Stephens Associates Limited will now be provided under First Island Secretaries Limited.
Cliff Pak promoted to Assurance Director
Moore Stephens Hong Kong is pleased to announce that Cliff Pak has been promoted to Assurance Director, with effect from 1 July 2018.
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.
What challenges and opportunities has the Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Bill 2017 brought to small-medium-sized accounting firms?
The Anti- Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2017 became effective on 1 March, stepping up the roles of professional accountants and auditors in preventing financial crime.
Challenges to governance - A listing regime for companies from emerging and innovative sectors
At this age of “New Economy”, we are transiting from industrial to a new technology based economy with increased automation in factories, vehicles, offices and homes. The Internet of Things, Cloud Computing, and Big Data are accelerating global automation of every aspect of human existence
How venture capitals and private equities value startups
Most startups nowadays are involved in “New Economy” sectors such as fintech, biotech, tele-communications, medicines, shared economies, blockchain, and artificial intelligence.
Cecilia Hung promoted to Tax Director
Moore Stephens Hong Kong is pleased to announce that Cecilia Hung has been promoted to Tax Director, with effect from 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.
Kenneth Ma joins as Corporate Finance & Valuation Director
Moore Stephens Hong Kong is pleased to announce Kenneth Ma has joined the firm as Director – Corporate Finance & Valuation on 1 February 2018.
Anton Colella is number 29 on the Accountancy Age Financial Power List 2018
Congratulations to our new global CEO, Anton Colella on making number 29 on the Accountancy Age Financial Power List 2018
Welcome cocktail to celebrate the appointment of new global CEO Anton Colella
Participants include global COO Mike Hathorn, Asia Pacific Board members Herjanto Lutanto, Mika Yamada, Leon Hou and Neo Keng Jin, and our Hong Kong directors.
Chairman Richard Moore and UK partners visited Hong Kong office
Richard Moore, Chairman of Moore Stephens International Limited, and UK partners Michael Simms, Head of Maritime Sector and Vincent Wood, tax partner, were here in Hong Kong last week on their way to China
Map Leung promoted to Assurance Director
Moore Stephens Hong Kong is pleased to announce the promotion of Map Leung to the position of Assurance Director with effect from 1 October 2017.
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).
Moore Stephens ranks number 10 accounting firm in Hong Kong
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