The Hong Kong Securities and Futures Commission (SFC) and the Accounting and Financial Reporting Council (AFRC) signed a memorandum of understanding expanding cooperation beyond listed-entity financial reporting and related audits. The MoU covers fin

2026-09-28

The Hong Kong Securities and Futures Commission (SFC) and the Accounting and Financial Reporting Council (AFRC) signed a memorandum of understanding expanding cooperation beyond listed-entity financial reporting and related audits. The MoU covers financial and compliance reporting — and related audits and assurance work by auditors — for licensed corporations, SFC-licensed virtual asset service providers, SFC-authorized funds and registered open-ended funds companies. It also establishes a comprehensive framework for information sharing, case referrals, mutual assistance, and coordinated inspections and investigations on matters of mutual regulatory concern.