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Results: 35 user(s) and 1832 document(s)

17/11/2022page

COP27 Mitigation: Can a data-driven approach help break the loss and damage deadlock?

Loss and damage caused by extreme weather events such as drought, rising sea levels and the recent devastating floods in Pakistan hit the headlines at the opening of COP27. While financial pledges and initiatives to help with loss and damage have been evolving for years, consensus and formal agreements on feasible action plans still need to be improved.

17/11/2022page

COP27 Adaptation: Using encouragement and positivity to raise ambitions

If we want to improve adaptation measures, we must change the narrative and start viewing COP as an opportunity. While it can be frustrating, it’s not just about speed of outcomes. When people convene for a set purpose to vocalise issues from a local and global perspective, it can be very productive in raising awareness and putting different points of view out there. Robust discussions are needed to achieve credible outcomes.

17/11/2022page

Transitioning to a different business model

Privately-owned companies face a uniquely challenging business environment. From geopolitical shocks such as the war in Ukraine, to global supply chain pressures, and the increasing momentum of sustainability transformation requirements, there is a greater need than ever to realign business strategy to adapt to these changes for a resilient future.

28/05/2024page

Complaint form

Our values set a platform for what we believe will build long term sustainable success for the organisation. We want to work in a way that promotes our values and ensures we provide the best possible service for our clients, and best possible environment for our team.

11/11/2022page

November 2022 - Bill on the proposed refined foreign source income exemption regime (“FSIE Regime”)

In July 2022, we issued a Hong Kong tax newsletter summarizing the proposal put forward by the Financial Services and the Treasury Bureau to refine the FSIE Regime in Hong Kong. Under the proposed FSIE Regime, in-scope offshore passive income received by covered taxpayers in Hong Kong will be deemed taxable unless exception applies.

11/11/2022page

Beyond the GAAP – October 2022

On 28 October, the EU’s financial markets regulator, ESMA, published its European Common Enforcement Priorities for the annual financial and non-financial reporting for 2022.

09/11/2022page

Improving business efficiency

Improving business efficiency should be a key objective of any business strategy, and one that remains consistently monitored for potential improvement. Improved efficiency supports the achievement of two overarching goals: increased revenues and reduced costs. Whilst improving operations is good business sense at any time, this is particularly important to enable strategically important transformations, such as M&A activity or attracting external growth capital, leading to a tangible impact on business value.

07/11/2022page

COP27 Finance: Transforming ambitions into credible actions

One of the key features of COP26 was recognition that the scale and speed of the changes needed to transition to a more sustainable economy require all forms of finance. Public finance to develop infrastructure to transition to a greener and more climate-resilient economy, and private finance to fund technology, innovation, research, and sustainable business models.

07/11/2022page

COP27 insights: joining the global effort to build a better future

Climate change is no longer a minority belief, it is a global priority for every one of us. Increasing concerns for the state of the planet and life as we know it has led to a fundamental shift in behaviors in both individuals and organisations, with sustainability now front and centre of the international agenda.

03/11/2022page

APAC payroll newsletter 2022 Vol. 3

APAC's payroll complexities go beyond geography. There are plenty of regional details, legislation, and practices to consider when dealing with APAC payroll. To meet APAC payroll requirement successfully, businesses need to develop a comprehensive understanding of the unique regional requirements and the issues at play in their chosen business location. Our APAC payroll newsletter helps you stay on top of payroll updates with tips and advice to simplify what can be a complex part of running your business.

02/11/2022page

Mazars 2022 China International Import Expo events wrapped successfully up (5-10 November 2022)

Mazars, an international audit, tax and advisory firm, is taking part in the China International Import Expo (CIIE) again this November. This year, under the theme “Growing with purpose”, Mazars showed how we achieve sustainable growth with responsibility to the global audience.

01/11/2022page

Mechanisms to optimise business value

Optimising business value relies on having the correct infrastructure and foundations in place to support growth and value generation.

27/10/2022page

Anti-money laundering and counter-financing of terrorism solutions

To fight against financial crimes, regulators in Hong Kong including the Securities and Futures Commission, the Hong Kong Monetary Authority and the Insurance Authority are continuously updating their anti-money laundering (“AML”) and counter-financing of terrorism (“CFT”) regulations. With the everchanging regulatory requirements in AML/CFT, the challenges that financial institutions have to face become unprecedented

25/10/2022page

Webinar: The impact of inflation on transfer pricing (8 November 2022)

The economic impact of inflation has considerable consequences on transfer pricing for multinational entities (MNEs). Combined with the Covid-19 crisis and the war in Ukraine, rising inflation adds further complexity to the management of transfer pricing policies for MNEs.

24/10/2022page

Mazars New Manager Development Program for 2022

Our Managers, Amy Yam, Connie Leung, Matthew Lo, Ricky Lau, and Stephanie Hung took part in this event which was held in Bangkok Thailand, where they were able to connect with Mazarians from other countries and learn more about the skills needed to be a good manager.

21/10/2022page

Report: Myths and barriers preventing the progression of women

The benefits of diversity no longer need to be proven. However, it is clear that gender inequalities persist, particularly in executive committees and among CEOs. This report, "Myths and barriers preventing the progression of women: analysis and solutions", developed by Forvis Mazars in partnership with the Observatory for Gender Balance, is designed for leaders who wish to concretely advance equality in their organisation.

21/10/2022page

What value means for a successful business

Managing a successful business requires consistent drive and ambition to create long term shareholder – or ‘capital’ – value. However, the definition of value for one business will naturally be different to another. This means the starting point for any discussion around creating value needs to first identify what value means in the specific context of the business and its strategy.

21/10/2022page

Increasing value for sustainable growth

Building a successful business requires a constant focus on long-term value creation. However, the meaning of value can vary, and it’s important for business leaders to determine the the right strategy for their business to grow successfully.

20/10/2022page

Mazars in Hong Kong supports Hong Kong Cancer Fund Dress Pink Day (19 Oct 2022)

On 19 October 2022, Mazars in Hong Kong participated in Dress Pink Day to support the annual breast cancer campaign “Pink revolution” organized by Hong Kong Cancer Fund. To raise awareness on breast cancer and encourage fundraising for Cancer Fund’s free services, our colleagues transformed the office into a sea of pink by wearing pink clothing. It’s a meaningful initiative and let’s spread love to those in need!

18/10/2022page

Karen Lau delivered workshop of the International Tax Course introduced by HKICPA (Oct 2022)

Our Tax Senior Manager, Karen Lau was one of the facilitators of the International Tax Course of Hong Kong Institute of Certified Public Accountants (HKICPA) Professional Diploma in China Tax and Professional Diploma in Hong Kong Tax this year. With the extensive experience in transfer pricing, Karen provided participants with a key concept of international taxation, as well as shared practical taxation skills and competent tax advice with respect to cross border transactions in the transfer pricing workshop and tutorials.

17/10/2022page

Beyond the GAAP – September 2022

In September, the IASB issued amendments to IFRS 16 on leases to clarify the subsequent measurement of a lease liability arising from sale and leaseback transactions where the lease payments are variable and not dependent on an index or rate. As requested by stakeholders, the IASB has ultimately provided no clarification on how to measure the proportion of the seller-lessee's retained interest in the asset. This issue of Beyond the GAAP presents the details of this amendment, which has been expected for several months.

14/10/2022page

MZHK sponsors the FCCIHK Annual Dinner 2022 (05 Oct 2022)

Mazars in Hong Kong is honoured to support as one of the ‘Gold Sponsor’ for the Annual Dinner organized by French Chamber in Hong Kong this year.

12/10/2022page

Forvis Mazars in Asia Pacific

The Asia Pacific region has an important role to play as a driver of the global economy, and as international businesses look to expand overseas, the region presents some of the best opportunities for growth.

12/10/2022page

Update on the New Regulatory Requirements for Conducting Bookbuilding and Placing Activities in Hong Kong

To address intermediaries’ conduct issues in Hong Kong’s Equity Capital Market and Debt Capital Market, the Securities and Futures Commission has recently revised its Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission (the “Code”) to include conduct requirements for bookbuilding and placing activities. The relevant requirements have come into effect on 5 August 2022.

07/10/2022page

Sustainability reporting in Asia: Are the EU’s initiatives the benchmark for ESG disclosure in the region?

Corporate sustainability reporting is now a strategically important space that impacts corporate valuations, supply chains, and business models. However, a lack of convergence of regulatory frameworks in Europe and Asia is hampering transparency, reporting quality, comparability, and investment and trade objectives. In our latest sustainability report, we aim to provide a better understanding of the EU’s sustainability reporting landscape and how it compares to four key Asian jurisdictions: Japan, Korea, Thailand, and Singapore.