Monday, May 4, 2015   

ATV fined for accounting non-compliance
(08-05 16:57)

Asia Television Limited, also known as ATV, has been fined HK$50,000 by the Communications Authority, as it failed to submit the the latest annual audited accounts of the broadcaster to the authority.
The authority "took a serious view of the repeated breach by ATV of the same lisence requirement within a space of eight months'', it said in a statement.
In November 2013, the Authority decided to impose a penalty of HK$200,000 on ATV for failing to submit the audited accounts for four accounting years from 2009 to 2012. The HK$200,000 financial penalty comprised HK$50,000 for each contravention per accounting year, it said.   
Other Hong Kong breaking news:
66,000 visitors at gifts and printing fairs, says TDC (15 mins ago)
Horizon Yachts named best builder at boating awards (25 mins ago)
Tax returns in the mail for 2.48m taxpayers (53 mins ago)
Macau gambling revenue dives by 38.8pc in April (1 hr 8 mins ago)
Plastic bag levy extension smooth (2 hrs ago)
'Stand up and defend' reform proposals: Zhang (2 hrs 1 min ago)
Retiring police chief slams radical protesters (05-04 15:00)
Civic Party calls for vote on CE's resignation (05-04 13:51)
Lu Ping dies (05-04 13:36)
UNICEF HK aims to raise HK$393m for Nepal (05-04 13:27)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.