Corporate governance
The Hong Kong Institute of Certified Public Accountants is active in promoting better corporate governance in Hong Kong. The Institute believes that in order for Hong Kong to remain successful in an increasingly competitive global market and to maintain its status amongst the world's leading financial and commercial centres, it must continue to promote and aspire to achieve international best practice in corporate governance, both in terms of regulations and prevailing practices.
The Institute has undertaken various initiatives to promote and enhance Hong Kong's corporate governance standards. These include:
- Best practice guidance: Producing a series of study reports and practice guidance
- Promotional events and activities: Organizing the Best Corporate Governance Disclosure Awards
- Representation and advocacy: Commenting on consultation documents and proposals relating to corporate governance or with corporate governance implications
- External and international involvement: Participating in external events and activities and collaborate with other professional and regulatory bodies to promote corporate governance in Hong Kong
Useful links and references
Websites
- OECD (Organization for Economic Co-operation and Development) - corporate governance section
- Financial Services and the Treasury Bureau
- Securities and Futures Commission
- Hong Kong Exchanges and Clearing Limited
- The Hong Kong Institute of Chartered Secretaries
- The Hong Kong Institute of Directors
- Asian Corporate Governance Association
References
- OECD Principles of Corporate Governance: 2004
- OECD White paper on Corporate Governance in Asia
- Hong Kong Monetary Authority - Supervisory Policy Manual: Corporate Governance of Locally Incorporated Authorized Institutions
- Office of the Commissioner of Insurance - Guidance Note on the Corporate Governance of Authorised Insurers
- The Hong Kong Institute of Chartered Secretaries - The Duties and Responsibilities of Independent Non-Executive Directors of Hong Kong Main Board Listed Companies (2006)
- The Hong Kong Institute of Directors - Publications