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A new accountancy lawmaker

I've always found Hong Kong politics interesting. From a personal point of view, because I spent a short amount of time living there. And professionally, because the island's adoption of functional constituencies means professions are represented as well as wards.

Having met the previous 'accountancy' member a few years ago, I eagerly checked on her fate following the Legislative Council elections on Sunday.

Sadly Mandy Tam, an ACCA member who had a long career with Shell in England before moving back to Hong Kong in the late 1990s, failed to retain her seat.


Tam was a tireless campaigner on issues of democracy, corporate governance, tax and even on liability reform. So I wish her well.

She was beaten by Paul Chan, president of the Hong Kong Institute of Certified Public Accountants (also a former chairman of ACCA Hong Kong and a man who has spoken at ICAEW events).

Chan's election platform makes for interesting reading. Among a long list of pledges were commitments to campaign for a resource centre to provide career advice, training and support to young accountants; to improve accountants' work-life balance; to push for audit liability reform of auditors; and to make the Hong Kong institute more transparent.

Could you imagine the same happening here?

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