Regulators speak at HKICS 2,000 delegates conference on good governance

The Hong Kong Institute of Chartered Secretaries opened its largest annual professional development event at the Hong Kong Convention and Exhibition Centre

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HONG KONG,June 12,2019 --The Hong Kong Institute of Chartered Secretaries (HKICS) is pleased to announce that its largest annual professional development event,the Annual Corporate and Regulatory Update (ACRU) conference,was successfully held on Wednesday,5 June 2019 at the Hong Kong Convention and Exhibition Centre.

The event has a hard-earned reputation for offering first-hand information and updates as to the corporate and regulatory developments and the emerging trends in Hong Kong togovernance professionals that are pivotal to business success in the 21st century.

ACRU 2019,now in its 20th year,has gathered members of HKICS,regulators and other business leaders including company secretaries,directors,governance professionals and senior management,to meet and hear from the regulators and some of the foremost voices in corporate governance and organisational leadership. Representatives from the Companies Registry,Hong Kong Exchanges and Clearing Limited,the Mandatory Provident Fund Schemes Authority and the Securities and Futures Commission delivered presentations at ACRU 2019.

Tickets for the 20th ACRU were sold out a month in advance,and the event has reached a record-breaking attendance of more than 2,000 delegates. The responses from the participants revealed a growing level of interest for both HKICS and its role as guiding light in good governance,according to HKICS President,Mr David Fu,FCIS FCS(PE).

'The ACRU is a reliable weather vane for the prevailing conditions for the governance professionals in Hong Kong,' Mr Fu said at the opening address of theevent. 'The topics we will be addressing at thisyear's ACRU are those at the top of the governance agenda,including: sustainability,ESG disclosures (in particular those related to climate change),listed company regulation and enforcement priorities,and anti-money laundering and counter-terrorist financingrequirements for trust or company service providers.'

Not only will ACRU participants hear directly from the regulators,this year's programme has introduced an innovation in the format of adding a new 'Practitioner Practical Sharing' session which looked at preventive/responsive approaches to inside information/regulatoryinvestigations.

By delivering the best practices to the Hong Kong governance community at a professional development event,HKICS makes good on its mission to be the best of class advocate and educator in the field of good governance.

'It is no doubt that the governance environment in Hong Kong continues to grow in complexity,' said Mr Fu. 'Governance issues are now crucial to a wider field of stakeholders. We welcome governance professionals from different backgrounds to join our Institute,a body which is globally recognised as the natural home to governance professionals.'

More information about the event-- including the programme-- can be found at https://app.norrayhk.com/acru2019/index.htmland further details about The Hong Kong Instituteof Chartered Secretaries is always available atwww.hkics.org.hk

About The Hong Kong Institute of Chartered Secretaries

(Incorporated in Hong Kong with limited liability by guarantee)

The Hong Kong Institute of Chartered Secretaries (HKICS) is an independent professional body dedicated to the promotion of its members' role in the formulation and effective implementation of good governance policies as well as the development of the profession of Chartered Secretary and Chartered Governance Professional in Hong Kong and throughout Mainland China.

HKICS was first established in 1949 as an association of Hong Kong members of the Institute of Chartered Secretaries and Administrators (ICSA) of London. It was a branch of ICSA in 1990 before gaining local status in 1994 and has also been ICSA's China/Hong Kong Division since 2005. The ICSA is in the process of changing its name to The Chartered Governance Institute.

HKICS is a founder member of Corporate Secretaries International Association (CSIA) which was established in March 2010 in Geneva,Switzerland. In 2017,CSIA was relocated to Hong Kong in which it operates as a company limited by guarantee. CSIA aims to give a global voice for corporate secretaries and governance professionals.

HKICS has more than 6,000 members and 3,200 students of the Institute.

For more information,please visit www.hkics.org.hk

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