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MOORE: Helping you thrive in a changing world

Moore Stephens Hong Kong relaunches our brand to become ‘Moore’. This is part of a wider rebrand of the Moore Stephens global accountancy and consultancy network, of which Moore Stephens Hong Kong is a member.

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Due diligence by external consultants plays a crucial role in merger & acquisitions

On 4 July 2019, the SFC of Hong Kong issued the “Statement on the Conduct and Duties of Directors when Considering Corporate Acquisitions or Disposals”, reiterating the importance of independent professional valuations in relation to the fiduciary duties of the directors of public companies in their planned acquisitions or disposals. The authority particularly points out the importance of due diligence, which is an area that many valuation practitioners in Hong Kong do not possess the relevant expertise nor resources to advise and work on.

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Moore Stephens International Global Directors Conference and Moore Stephens Da Hua 10th Partners Conference in Chengde

Moore Stephens Hong Kong Managing Director Helen Tang and Assurance Director Leo Cheung attended Moore Stephens International Global Directors Conference and Moore Stephens Da Hua 10th Partners Conference in Chengde during 8-11 July 2019.  

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Moore Stephens as Corporate Associate Member of Hong Kong Venture Capital and Private Equity Association

Moore Stephens has become a corporate associate member of the Hong Kong Venture Capital and Private Equity Association (HKVCA).

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Hong Kong Tax Returns Filing Due Dates

On 1 April 2019, The Hong Kong Inland Revenue Department had issued the Profits Tax Returns, Employer’s Returns and Property Tax Returns for the year of assessment 2018/19.  On 2 May 2019, it will issue the 2018/19 Individual Tax Returns for individuals. 

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Building cyber resilience among insurers

With technology advancement, there are more and more digital insurers. Though digitalisation helps insurers increase efficiency and enhances customers experience, cyber threats must be anticipated.     The cyber insurance market is still far from mature. What should the regulators do? What role can insurance play in addressing cyber risks?

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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.  

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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.  

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Moore Stephens new appointments

Moore Stephens Hong Kong is pleased to announce three new appointments, with effect from 1 October 2018.  

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Bryan Lai joins Moore Stephens as Assurance Director

Moore Stephens Hong Kong is pleased to announce Bryan Lai has joined the firm as Assurance Director.

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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.

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Interview with MetroProsperity都市盛世 - ASAPVal Business Ratings

Our Director – Corporate Finance & Valuation Kenneth Ma speaks to MetroProsperity on how ASAPVal Business Ratings could help SMEs make better decisions when it comes to financing and equity transactions negotiation.