We provide an overview of Hong Kong audit requirements for companies, including yearly statutory audits and audits for tax filing.
New draft rules require companies to undergo regular audits to ensure compliance with the China Personal Information Protection Law (PIPL).
US regulators have gained access to the audit documents of Chinese companies for the first time ever, preventing possible forced delisting from US stock exchanges.
May 27 – The U.S. Public Company Accounting Oversight Board (PCAOB) and the Chinese Securities Regulatory Commission (CSRC) have reached a deal that will allow greater oversight by U.S. financial regulators of Chinese companies listed on American stock exchanges. The agreement was reached through a memorandum of understanding (MoU) that gives the PCAOB access to […]