Hong Kong watchdog to start announcing investigations of ‘high public interest’

Hong Kong’s audit regulator will start announcing investigations in cases it views as of “high public interest”, its chairman said.The Financial Reporting Council (FRC) previously only announced the results of its investigations, but has in recent months made the public aware that it was initiating probes into the financial reports and auditors of companies such as China Evergrande Group, Next Digital and Convoy Global Holdings.“If we are conducting an investigation in a case that involves high…

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