The Hong Kong Securities and Futures Commission (SFC) has banned Mr He Zhi Hua, former chief executive officer of Ping An of China Securities (Hong Kong) Company Limited (Ping An), for 12 months from any regulated activities due to his role in contributing to serious internal control deficiencies and other matters at Ping An between […]

On 18 September 2014, the FRC published its final Guidance on Risk Management and Internal Control and Related Financial and Business Reporting (following a consultation which was published on 08 November 2013). This new guidance replaces the Turnbull Guidance (Internal Control: Revised Guidance on the Combined Code issued in 2005) and the FRC’s guidance on […]

Most companies understand the strategic benefits of an effective system for internal control. In 2013 alone, Thomson Reuters tracked over 26,000 regulatory changes, and with emerging risks on the horizon, many organizations are seeking new perspectives on how to put principles into practice in their complex operations. The COSO Internal Control – Integrated Framework (2013) […]