FINANCIAL REPORTING BODY CHAIR NAMED

8-11-2024

gov_rss

The Government announced today that the Chief Executive has, pursuant to the Accounting & Financial Reporting Council Ordinance, appointed David Sun as Chairman of the Accounting & Financial Reporting Council (AFRC) for two years starting January 1, 2025.

Mr Sun was Director of Audit between 2012 and 2018, prior to which he was President of the Hong Kong Institute of Certified Public Accountants and Chairman of an international audit firm.

Aside from noting that Mr Sun is an esteemed accounting veteran with abundant experience in public administration, financial markets, and the audit profession, Financial Secretary Paul Chan said that he is also committed to public service and commands respect from the accounting sector.

“I look forward to the AFRC's continued efforts under the leadership of Mr Sun in regulating local financial reporting and driving the development of the accounting profession, thereby contributing to the further development of the financial markets and corporate governance in Hong Kong."

Mr Chan added that the outgoing council chairman Kelvin Wong has made remarkable contributions during his tenure, including leading the AFRC in the smooth implementation of the accounting and audit regulatory reforms, and bringing the regulatory regime in line with international developments in an orderly manner.

“I would like to thank Mr Wong for his endeavours and contributions over the years."




PREVIOUSNEXT

Latest Business News

最新商業資訊


Views sought on toy safety  2-12-2024

gov_rss

The Government today launched a public consultation on the proposed updates to Schedules 1 and 2 to the Toys &...


Mega ACE Fund enhanced  30-11-2024

gov_rss

The Government today announced details about the enhancement of the operation of the Mega Arts & Cultural Events (ACE...


Multiple-entry scheme to resume  29-11-2024

gov_rss

The Hong Kong Special Administrative Region Government today said it warmly welcomes and is grateful for the central gove...


Mortgage loans up 9.5%  29-11-2024

gov_rss

The value of residential mortgage loans approved in October was $19 billion, a 9.5% increase compared with September, the...