Financial Reporting Council welcomes the 2018 Annual Report of Process Review Panel

6 May, 2019

The Financial Reporting Council (“FRC”) is pleased to note that the Process Review Panel (“PRP”) for the FRC concluded in its 2018 Annual Report that the FRC had handled its caseload in 2017 in accordance with its internal procedures.

Dr Kelvin Wong, Chairman of the FRC said, “The FRC welcomes the PRP’s conclusion in its 2018 Annual Report. The annual review of the PRP helps ensure that our actions taken are consistent with our internal procedures and guidelines, which is particularly important in the new regime when the FRC becomes the internationally aligned independent auditor regulator of Hong Kong. ”

For details, please see the press release

2018 Annual Report of the PRP

The PRP’s press release is available at
https://www.info.gov.hk/gia/general/201905/06/P2019050300550.htm?fontSize=1.

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