The proposed rules would empower Hong Kong’s main securities regulator, the Securities and Futures Commission, to investigate and impose fines on those who have breached its rules following a demand from the body for greater responsibility over stock market listing rules.
They would also put false accounting disclosure on the same level as insider trading and price manipulation. Previously, such misconduct was only subject to a reprimand from the exchange, according to the Financial Times.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned