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Hong Kong – Claim pleading duty of care against auditor struck out for "putting the cart before the horse"
In Chan Kam Cheung v Ronnie K W Choi & Anor [2022] HKCFI 3028, a judge upheld a master's (judicial officer's) decision to strike out the plaintiff shareholder's action against the former auditors of the company.
Read moreUS and Chinese regulators sign landmark agreement on inspection of Chinese audit work
On 26 August 2022, the US Public Company Accounting Oversight Board (PCAOB) and the PRC China Securities Regulatory Commission (CSRC) and Ministry of Finance (MoF) signed a Statement of Protocol that would allow US regulators access to audits of Chinese companies listed on the US stock exchanges.
Read moreHKEX published additional guidance specific to biotech companies
Read moreRPC's growing Singapore office welcomes new Tech Partner
• The move is driven by growing client demand and the firm's ambition to grow its award-winning international Technology practice to support its clients' commercial needs. • RPC has now hired 8 Partners in 2022, in addition to promoting 10 new Partners at the beginning of May, across Hong Kong, Singapore, London and Bristol.
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