Paul SH Cheng Partner, Financial Services
Qualifications
- Master of Science in Finance, University of Leicester
- Member of the Hong Kong Institute of Certified Public Accountants
Background
Paul joined Financial Services team of Forvis Mazars in Hong Kong in 2023. He has over 20 years of financial services audit and advisory experiences and held internal audit roles with various international investment banks in Hong Kong and New York.
Specialising in performing assessment of corporate governance and risk management framework, Paul has conducted regulatory compliance and internal audit in the financial services industry, advised and recommended target operating model and market practices to ensure compliance with rules and regulations of Hong Kong Monetary Authority and Securities and Futures Commission.
Paul’s focus is on delivering tailored governance, internal audit, risk management, compliance and assurance services to financial services clients.
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Pages associated to Paul SH Cheng
Industries
- Financial reporting of European banks: benchmark study 2024
- Financial reporting of European banks: benchmark study 2023
- Financial reporting of European banks: benchmark study H1 2022
- Financial reporting of European banks: benchmark study 2022
- Financial performance of European banks in the context of Covid-19: benchmark study 2021
- How 5G is going to transform digital banking in APAC by 2025
- Banking & Capital Markets Insights
- Real estate funds & investment management
- Insurance
- Banking & capital markets
- Asset management
- Financial services
Services
Insights
- Insurance Authority Guideline on Cybersecurity (GL20) - December 2024
- Financial Services Team x QAX Cybersecurity Luncheon (11 July 2024)
- Internal Sharing Session in CTBC Bank Hong Kong Branch (5 December 2023)
- Update on the thematic review of risk management practices related to data risks of licensed corporations by the SFC
- SFC licensing regime for virtual asset trading platform operators in Hong Kong
- Partners from Mazars in Luxembourg visit Mazars in Hong Kong (24 May 2023)
- MZHK Financial Services Consulting Roundtable Luncheon (03 May 2023)
- Update on Supervisory Policy Manual module IC4 on complaint handling and redress by the Hong Kong Monetary Authority
- Mazars in Hong Kong strengthens Financial services consulting team with new Partner appointment (1 Feb 2023)
- Anti-money laundering and counter-financing of terrorism solutions
- Update on the New Regulatory Requirements for Conducting Bookbuilding and Placing Activities in Hong Kong
- Licensing Regime for Dealers in Precious Metals and Stones
- Update on the latest regulatory requirements for selling of Protection Linked Plan
- New licensing regime for Virtual Asset Service Providers in Hong Kong
- Concurrent SFC-HKMA thematic review on distribution of non-exchange traded investment products
- Regulatory framework and licensing requirements for trustees and custodians – Type 13 regulated activity
- Regulatory policy on virtual asset-related activities in Hong Kong of the SFC and the HKMA
- Establishing an effective compliance function for financial intuitions in Hong Kong
- Regulators’ expectations on corporate culture for financial institutions
- Operational resilience regulatory framework for financial services providers regulated by the HKMA and the SFC
- Responsible banking practices: benchmark study 2021
- Regulatory review /mock inspection for securities dealers and asset managers licenced by the SFC
- Update on latest regulatory requirements for insurance products and insurance-linked securities
- Regulatory standards and measures on operational resilience and remote working arrangements of the SFC
- Consultation conclusions on proposed amendments to the AML Guidelines of the Securities and Futures Commission (“SFC”)
- The launch of cross-boundary Wealth Management Connect (“WMC”) pilot scheme in the Greater Bay Area (“GBA”)
- SFC consultation conclusions on the management and disclosure of climate–related risks by fund managers
- Regulatory compliance services on conduct and governance of insurance companies, insurance agents and insurance brokers
- Regulatory compliance and risk management services for securities brokerage companies regulated by the SFC
- Regulatory compliance and risk management services for asset managers in Hong Kong
- Responsible banking practices: benchmark study 2020
- Preparation for regulators’ (HKMA / SFC / IA) on-site inspections and reviews
- Selling practices of authorized institutions in respect of investment and insurance products
- How RPA can facilitate digital transformation in financial services
- Suitability obligations/investment product selling practices
- Revised HKMA requirements on recovery planning
- Internal audit services for financial institutions
- Licence application with the Securities and Futures Commission
- Application for a banking licence with the Hong Kong Monetary Authority
- Concurrent SFC-HKMA thematic review of spread charges and other practices
- Responsible banking practices: benchmark study 2019