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Kalec Tang
Director, Restructuring & Insolvency - Hong Kong, Hong Kong
Issac Tang
Director, Restructuring & Insolvency - Hong Kong, Hong Kong
Gilles-Alexandre Salansy
Head of Outsourcing Services - Hong Kong, Hong Kong
Anson Li
Partner, Head of Restructuring & Insolvency - Hong Kong, Hong Kong
17/10/2020page
How do we work?
"We focus on the core issues facing the financial services industry today, which is undergoing tectonic changes and creating both unprecedented opportunities and challenges”- Sean Choo, Partner (Financial services consulting APAC)
17/10/2020page
Financial services consulting - APAC
“A strategic partner to clients, leveraging expert insight and rigorous analytics to enhance competitiveness and transform businesses” - Justin Tan, Ex-Partner (Financial services consulting APAC)
17/10/2020page
Financial services consulting
We provide integrated solutions to financial institutions to help them anticipating change in a complex and volatile environment and meeting challenges of increasingly stringent regulations.
17/10/2020page
Financial advisory
Support for the critical moments that define your business’ success.
17/10/2020page
Risk consulting
Tailored solutions for assurance and value creation in a changing world.
17/10/2020page
Consulting
Companies thrive when their people, processes and tools are all aligned behind shared objectives.
17/10/2020page
Global compliance & reporting
An integrated team to help you navigate the complexities of global regulation.
13/10/2020page
COVID-19 – Hong Kong Employment Support Scheme
To combat the impacts of COVID-19 in Hong Kong, the Government has announced a second round of Anti-epidemic Fund for HK$137.5 billion on 8 April 2020 which was approved by LegCo on 18 April 2020. It is a further response to the HK$120 billion relief package in the 2020-21 Budget announced on 26 February 2020 and the HK$30 billion Anti-epidemic Fund approved by LegCo on 21 February 2020. A new Employment Support Scheme (“ESS”) of HK$81 billion was introduced to help business and retain workers in employment.
13/10/2020page
COVID-19 – Application Details for Hong Kong Employment Support Scheme
Following our previous newsletter, application details to the Employment Support Scheme (“ESS”) were announced by Mrs Carrie Lam, Chief Executive of Hong Kong on 12 May 2020. Application period for the First Tranche of subsidy (covering June to August 2020) will last three weeks starting from 25 May 2020. The Government expects to release subsidies to employers before the end of June.
13/10/2020page
COVID-19 – Hong Kong Employment Support Scheme: Application Method and Penalty Mechanism
The Government had further announced the details on the application method and penalty mechanism for Employment Support Scheme (“ESS”) which will open for online application on 25 May 2020.
13/10/2020page
Extension of maternity leave in Hong Kong
The proposed Employment (Amendment) Bill 2019 for extending the maternity leave in Hong Kong was passed by the Legislative Council on 9 July 2020.
13/10/2020page
COVID-19 – second tranche of Hong Kong employment support scheme
To assist the affected industries and the public, the application details for the Second Tranche of Employment Support Scheme (“ESS”) were announced by Mrs Carrie Lam, Chief Executive of Hong Kong on 18 August 2020. The application period for the Second Tranche of subsidy (covering September to November 2020) will be from 31 August to 13 September 2020. The Government expects to release subsidies to employers starting from the end of September.
13/10/2020page
Tax compliance and Tax structuring services
Pragmatic advice to ensure compliance with tax regulations.
13/10/2020page
TISAX audit
We get you ready for your TISAX certification. Forvis Mazars has developed a procedure whereby the client seeking TISAX certification receives organisational, administrative and technical support throughout the audit process, can ‘refresh’ their Information Security Management System (ISMS), Data Protection Management System (DSMS) and physical site security as part of their preparation for the audit, and receive operational support during the audit to successfully obtain certification.
13/10/2020page
Value creation/ cost cutting
In times of economic downturn, companies need to act quickly and intelligently to manage the associated challenges. In this context, it is crucial to reduce costs in the short-term without compromising the growth of the company. Cost reductions alone will only improve your bottom line to a limited extent. To establish a cost-optimised structure in your company, consistent cost control measures are necessary. As soon as funds are freed up by the implemented cost reduction measures, your company should invest in its flexibility and future growth in the medium- and long-term.
13/10/2020page
Carve-out
From the development of the strategy and identification of the affected structures and processes to the transition and post-contractual negotiations, our business transformation team will actively support you as a competent consultant throughout the entire process. Consistent change management, which is also part of our services, also ensures the sustainable success of a carve-out program.
13/10/2020page
IT transformation
We support you in setting up your IT transformation agenda. We find the right, agile technologies for your company, and then lead them systematically and step-by-step into efficient processes so that you can generate added value for your company. We do all this without major disruption to your ongoing operations, so you can continue to focus on your core business.
13/10/2020page
Business transformation
Increasingly complex markets, disruptive megatrends and ever tougher competitive conditions are making holistic changes necessary. Our business transformation approach is consistently oriented towards the five elementary dimensions of change: the (strategic) business model, an efficient and effective target operating model, a finely tuned collaboration model. We also consider the important soft factors, the so-called corporate culture, as well as the relevant strategy-oriented management and controlling mechanisms.