On 25 September 2025, The Institute published a joint research report with KPMG titled 'Enhancing Accountability: Revised Corporate Governance Code on Risk Management and Internal Control Systems – Four Essential Questions for Directors To Ask & Answer'.

The report highlights how Hong Kong’s enhanced disclosure requirements are placing a greater emphasis for a structured review process of RMIC among listed companies supported by governance professionals as trusted advisers.

The revised CG Code, effective for financial years starting on or after 1 July 2025, introduces more comprehensive Mandatory Disclosure Requirements (MDRs) for boards to confirm and evidence the appropriateness and effectiveness of their RMIC systems. These requirements include detailed disclosures on the scope and findings of annual reviews, including any significant control failings or weaknesses, as well as the responsibilities of internal and external parties in the review process, which governance professionals, apart from an advisory role, serve to coordinate.