Hong Kong's accounting regulator is confident the process to receive audit reports from mainland China will be streamlined, according to Kelvin Wong, the chairman of the city's Accounting and Financial Reporting Council (AFRC). He also described discussions in April between Beijing and Hong Kong officials aimed at fast-tracking the process as "smooth."
Caixin
Hong Kong confident of smoothly receiving cross-border audits
Accounting regulator says handling of mainland documents to be 'greatly shortened'
The entrance to the Hong Kong Stocks Exchange. It currently takes about nine months for the city's accounting regulator to receive audit documents from mainland authorities. © Reuters
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