Recognition of Membership
Members are recognised as a professional company secretary practicing in Hong Kong in accordance with the Companies (Forms) Regulations of Companies Registry.
Companies Registry defined that Professional Company Secretaries as follows:
a. The reference to “a professional company secretary practicing in Hong Kong” as set out in paragraph 3(2)(b)(vi) and 6(2)(b)(v) of the Regulations means a member of The Hong Kong Institute of Chartered Secretaries (“HKICS”) holding the professional designation of FCIS*, FCS*, ACIS*, ACS*
b. The reference to “a professional company secretary practicing in that place” contained in paragraphs 3(2)(a)(vi) and 6(2)(a)(vi) of the Regulations means a member of the Institute of Chartered Secretaries and Administrators (ICSA) holding the professional designations of either FCIS* or ACIS*.
* FCIS: Fellow of ICSA
FCS: Fellow of HKICS
ACIS: Associate of ICSA
ACS: Associate of HKICS
A professional company secretary practicing in Hong Kong is recognised under the Companies Ordinance (Cap. 622) to certify documents (under section 775(2)(b)(vi)) and translations (under section 4(3)(e)).
2. Hong Kong Exchanges and Clearing Limited
Members are specifically considered by the Exchange as an acceptable qualification for discharging the functions of company secretary in Main Board Listing Rules 3.28 and Growth Enterprise Market (GEM) Listing Rules 5.14.
Members are entitled for the Direct Professional Access (DPA) to practicing barristers for legal advice. DPA allows HKICS members to brief and instruct practicing barristers directly without the intermediary of solicitors.
Members are qualified to be appointed as a provisional trustee of the bankrupt and as a qualified professional to handle insolvency work under the Bankruptcy (Amendment) Ordinance.
(Note 1: The name of HKICS changed from The Hong Kong Institute of Company Secretaries to The Hong Kong Institute of Chartered Secretaries on 2 August 2005.)