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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.  

12 Dec 2018 Read more
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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.  

5 Nov 2018 Read more
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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.  

1 Oct 2018 Read more
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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.

7 Sep 2018 Read more
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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.

5 Sep 2018 Read more
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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.  

3 Sep 2018 Read more
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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.

21 Aug 2018 Read more
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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.  

1 Jul 2018 Read more
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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.

25 Jun 2018 Read more
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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.

5 Jun 2018 Read more
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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.

16 Apr 2018 Read more
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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

16 Apr 2018 Read more
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