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FRC issues Annual Investigation and Compliance Report and Interim Inspection Report
3 Nov, 2021

Financial Reporting Council (FRC) today issues its Annual Investigation and Compliance Report (I&C Report), covering the 18-month period from 1 October 2019 to 31 March 2021.  It also publishes its Interim Inspection Report (Inspection Report) in the middle of its first 3-year inspection cycle.  Both reports can be accessed on the FRC's official website – www.afrc.org.hk.

Dr Kelvin Wong, Chairman of the FRC remarked, “As the independent auditor regulator of Hong Kong, the FRC is held accountable to the protection of public interest. Our reports not only serve communication and education purposes but also facilitate public oversight of our regulatory performance in respect of inspection and investigation.  This is how we garner public trust in our determination in combating financial misconducts, enhancing the reliability of financial information and safeguarding Hong Kong's position as an international financial centre."

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