Employers are required by law to inspect the job seeker's:

1. Hong Kong identity card
   and

The financial services industry faces challenges on almost every front in the fight against money laundering and terrorist financing; it’s estimated that only 1% of all money laundered in the UK is detected.

Hong Kong's Securities and Futures Commission (SFC) issued a circular on 31 October 2019 clarifying its expectations of the SFC-licensed corporations utilsing electronic data storage providers to store or process records electronically.

In order to protect the company from various potential risks, a background check is considered an imperative pre-employment screening step before making a hiring decision. Most of the times, companies assume that the applicants are telling the truth on their resumes. Most of the times, applicants are honest but there are few areas where they can hide the truth from you. To ensure that your company is hiring the right person, a background check needs to take place.

The International Accounting Standards Board defines an asset as a “resource controlled by an entity as a result of past events and from which future economic benefits are expected to flow to the entity.”