As Hong Kong faces a change in political dynamics and increased control from Beijing, global audit and consulting firms are implementing new security measures. Reportedly, Deloitte and KPMG have advised some US-based executives to use burner phones when visiting Hong Kong.

A burner phone is a low-cost mobile phone used for short-term, occasionally anonymous, usage, after which it can be disposed of. While certain people may use burner phones with cash to avoid contracts, others employ them for unlawful activities.

Hong Kong is one of the leading financial centres in the Asia Pacific.

ALSO READ: Why is FBI asking US athletes to take temporary phones to China for Beijing Olympics?

The 2020 National Security Law by the Beijing-led Chinese Government, brought in strict regulations and a legal foundation for preventing, suppressing, and penalising actions and behaviours that pose a threat to national security.

While Deloitte and KPMG have put out such rules, not all Big Four firms have followed them. PwC told the FT that it does not have a similar policy.

Summing up the recent dissolution of Hong Kong's autonomy, the city's chief executive, John Lee, said, "One country, two systems."

QOSHE - KPMG and Deloitte ask staff to use burner phones in Hong Kong: Treat it as mainland China - Dailybite
menu_open
Columnists Actual . Favourites . Archive
We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

KPMG and Deloitte ask staff to use burner phones in Hong Kong: Treat it as mainland China

9 0
28.11.2023

As Hong Kong faces a change in political dynamics and increased control from Beijing, global audit and consulting firms are implementing new security measures. Reportedly, Deloitte and KPMG have advised some US-based executives to use burner phones when visiting Hong Kong.

A burner phone is a low-cost mobile........

© DailyO


Get it on Google Play