Hong Kong Financial Services and the Treasury Bureau: Will pay special attention to the audit risk management capabilities of virtual asset trading companies and other areas

ChainCatcher news, according to Hong Kong Wen Wei Po, the Hong Kong Institute of Certified Public Accountants has released the "2024-25 Annual Inspection Report" and the "2024-25 Annual Survey Report," which show that the proportion of audit projects rated as satisfactory or needing limited improvement has increased from 26% last year to 35%, indicating an overall improvement in audit quality ratings.

The Institute stated that in the 2025 fiscal year, emerging industry projects will be prioritized for inspection, with particular attention to the audit risk management capabilities in areas such as virtual asset trading companies.