On 30 January 2014, the International Accounting Standards Board (IASB) published IFRS 14 Regulatory Deferral Accounts. IFRS 14 is an interim standard, pending the outcome of the IASB’s more comprehensive Rate-regulated Activities project, which was re-opened in September 2012. In many countries, industry sectors (including utilities such as gas, electricity and water) are subject to […]
Our Financial Secretary, Mr John Tsang, delivered his seventh Budget on 26 February 2014. The estimated consolidated budget for 2013/14 is expected to be a surplus of $12 billion, instead of an original forecast deficit of $4.9 billion. The 2013/14 estimated surplus is significantly lower compared to over $60 billion in the last two years, though Hong Kong’s fiscal reserves […]
Following the amendment of the minimum level of monthly relevant income for Mandatory Provident Fund (MPF) contributions that took effect on 1 November 2013, there is an upcoming change in the MPF requirement. With effect from 1 June 2014, employers and employees will need to contribute more than they do at present for MPF as the Mandatory Provident Fund […]
For easy reference, the original Companies Ordinance, Chapter 32 is referred below as Cap 32 and the New Companies Ordinance as the New CO. For full article pleae access the link below. BDO Full Article
The New Companies Ordinance has grouped the 2 types of companies limited by guarantee without a share capital available under the original Companies Ordinance, ie, private and non-private, as one category called companies limited by guarantee without a share capital and standardised the requirements. For easy reference, the original Companies Ordinance, Chapter 32 is referred below as […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Portia Tang of BDO Limited Hong Kong. Portia has joined IR as our exclusive Business Advisory Services member in Hong Kong. BDO Limited is the Hong Kong member firm of BDO International Limited, a global accountancy network with over 1,200 offices in more than 140 […]
Louise Barrington will be directing the Accelerated Route towards Fellowship Course in International Commercial Arbitration, Amsterdam The Netherlands. 20, 21 and 22 June 2014 For further details please follow the link below. Event Details
Louise Barrington our exclusive Commercial Arbitration member in Hong Kong will be attending the Third Annual Joint LACBA + ICDR International Arbitration Conference in Los Angeles. For further event details please follow the link below. Conference details
VALUATION OF FINANCIAL INSTRUMENT An Employee Share Option Plan (ESOP) is a scheme that allows employees to buy shares in their company at a favourable price. It is a way for the company to offer incentives to its employees, and reward their performance. An ESOP grants employees the right to buy these shares at a […]
Louise Barrington, our exclusive Commercial Arbitration memebr in Hong Kong will be a speaker at the AIJA International Arbitration Seminar. For further details please see the event program below. International Arbitration Seminar Program
Transnationalism in International Arbitration: East Meets West30 March 2014 – Hong Kong For further details on this conference please follow the link below. Transnationalism in International Arbitration
Ms Louise Barrington (Hong Kong, Canada and France) is a confirmed speaker at Helsinki International Arbitration Day 2014 Date: Thursday, 5 June 2014 Place: Savoy Theatre (Kasarmikatu 46-48, Helsinki, Finland) Time: 1:00 pm – 5:20 pm with cocktail reception to follow (Registration starts at 12 noon) For further details please follow the link below. […]