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SW International admitted as a Member of the Forum of Firms

SW International admitted as a Member of the Forum of Firms cover

SW International admitted as a Member of the Forum of Firms

We are delighted to announce that SW International was officially admitted as a member of the Forum of Firms (“FoF”) on 1 July 2022. Joining the FoF, a prestigious and globally recognised association of international networks of accounting firms under the International Federation of Accountants (“IFAC”), is a momentous milestone for SW International and will be of great benefits to our member firms across the world.

Being a FoF member affirms SW International as a network committed to delivering high quality transnational audit services. Mr. Zhang Ke, Chairman of SW International, stated: “In order to gain FoF membership, SW International had to demonstrate it had successfully implemented a global quality monitoring program to monitor the effectiveness of member firms’ audit quality control policies and procedures. The program ensures that member firms of SW International and their personnel comply with professional standards and applicable legal and regulatory requirements. Our admission to FoF steps up our long-term strategy to enhance our consistent application of quality control and ethical requirements globally.”

SW International’s FoF membership will enable us to engage constructively in global developments of the accountancy profession and work at par with firms that perform transnational audits. The FoF membership will provide members of SW International with enhanced reputation and business opportunities, for example in gaining transnational audits of world class financial services institutions and large multi-national companies.

Looking forward, SW International, as a member of FoF, will foster sound and close relationships with international regulatory and standard setting bodies. With a globally integrated quality management system, we are dedicated to ensuring a consistent application of high-quality audit practises across the network and creating global growth opportunities for both our clients and our people.

About the Forum of Firms

The FoF is an independent association of international networks of firms that perform transnational audits. The Forum’s objective is to promote consistent and high-quality standards of financial reporting and auditing practices worldwide — bringing together firms that perform transnational audits and involving them more closely with IFAC’s activities in audit and other assurance-related areas. Forum members must demonstrate their commitment to adhere to and promote the consistent application of high-quality audit practices worldwide, as detailed in the Forum’s Constitution, operating procedures, and governance arrangements.
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SW International hosted its 2022 Managing Partners Forum

shinewing managing partner forum

SW International hosted its 2022 Managing Partners Forum

shinewing managing partner forum
SW International hosted its 2022 Managing Partners Forum on 9 August 2022, bringing together SW International’s Board Members and Managing Partners from 17 countries/regions. The on-line forum focused on recent network developments, strategic business co-operation, professional services, audit quality, and talents recruitment.

Mr. Zhang Ke, Chairman of SW International, presented statistics on the network’s steady growth over the years. He acknowledged the lead role of managing partners who acted as the navigators steering the direction of their firms. He continued, “In a turbulent period of economic, political and social volatility, SW remains agile and independent in providing world-class professional services.”

Mr. Marco Carlei, Managing Director of SW International, shared SW international’s development strategy and strategic planning of talents retention through the network’s global mobility program. He said, “Asia Pacific, Middle East, Latin America, South Africa and Western Europe will continue to be the key areas of focus for SW International. When selecting our future partners, our priorities are quality of work, service capability, as well as brand and culture.”

Mr. Mauricio Benitez, International Partner of BLTA, together with Mr. Ricardo Ihnen and Mr. Tsz-Hsin Shen, Managing Partner and Partner of Eluchans, both SW International members in Chile, made an introduction of their respective firms’ historical origins, organisational structure, professional teams and service offerings. In particular, they shared how the implementation of China-Latin America economic and trade and the “Belt and Road” initiative in Latin America aligned with SW International’s growth strategy.

Ms. Leanne Liang, Chair of SW International’s Quality Management Committee and Ms. Eve Wang, Global Monitoring Leader, elaborated on SW International’s globally co-ordinated monitoring program and process. Ms. Liang added, “SW International’s FoF membership has demonstrated that our network’s auditing and financial reporting practises are in line with international requirements and standards.”

Mr. Roy Lo, Board Member of SW International and Managing Partner of SW Hong Kong, continued with the various brand and marketing initiatives. He said, “We are planning to launch a global community engagement campaign which is set to run concurrently across all SW member firms. The campaign celebrates our commitment to collectively making philanthropic efforts through volunteering activities or charity opportunities in the communities where we live and work.”

Mr. Kunal Mehra, Managing Partner of SW India, introduced SW India’s newly established Global Shared Services. He stated, “Offshore services provide a myriad of benefits to business looking to maintain a competitive edge. This is not only cost effective, but also enables businesses to enhance efficiency and have access to global pool of workforce.”

The Managing Partners Forum drew upon insights from our member firms, while highlighting the importance of resilience amid changes in the global landscape at all times. With our continued focus on quality and independence, we look forward to serving both global and Chinese enterprises with a broader vision and accelerating their successes.
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SW expands its global footprint in South America with 2 new associate firms

SW expands its global footprint in South America

SW expands its global footprint in South America with 2 new associate firms

SW is pleased to announce the addition of 2 associate firms in Chile, namely BLTA and Eluchans Abogados, to drive growth and enhance service offerings in South America.

Mr. Zhang Ke, Chairman of SW International, said, “As an emerging global accounting network with distinctive and dynamic vision, SW International has been committed to partnering with suitable and distinguished partners in South America to help expand the business of our clients. Both BLTA and Eluchans Abogados have teams of dedicated and experienced professionals as well as far-sighted management team with clear strategic blueprint, being well aligned with SW’s vision for delivering quality services. We are truly happy to have two robust and outstanding professional firms to join our global network, establishing an important bridge for SW to connect with the clients in the South American market.”

Mr. Mauricio Benitez, International Partner of BLTA, said, “We are thrilled to represent the network in Chile and this move would empower us to integrate resources and further grow our business in the long run. We have a proven track record of serving Chinese enterprises in the South American market. We firmly believe that joining SW International can allow us to better explore a wide variety of transnational opportunities and provide clients with quality and sound professional services through our close collaborations among member firms within the network.”

Mr. Edmundo Eluchans, Former Speaker of the Chilean House of Representatives and Senior Partner of Eluchans Abogados, together with Partner Mr. Guillermo Malatrassi, and Mr. Tsz-Hsin Shen commented, “We’re proud to be part of the SW network. Eluchans Abogados is well established in Chile with a long history of providing professional and high-quality legal services to local and international clients. Clients from Asia have been our key strategic focus for the development of our firm. As China continues to be one of the major drivers behind the global economic growth, we also strive to provide professional services for Asian clients who are looking to expand and grow in Chile. We look forward to creating more exciting opportunities in South America for clients all over the world.”

Mr. Roy Lo, Board Member of SW International and Managing Partner of SW Hong Kong added, “Leveraging our growing local expertise and global knowledge, and through our close collaborations among member firms, SW will be focusing on delivering new and better experiences for our global clients, becoming more agile and reaching untapped markets to compete in a globally connected world. I am certain that having Chile representatives in our network would enable both parties to grow our business together and strengthen our position in South America.”

BLTA is a professional services firm based in Santiago, Chile, registered in the Registry of Companies of External Auditors of the Commission for the Financial Market (CMF). It provides a broad range of professional services, covering tax and legal consulting services, financial audit, internal audit, convergences to IFRS standard, risk management, business process outsourcing. Their teams of professionals are dedicated to serving clients with Chinese, English, German and Spanish backgrounds.

 

Eluchans Abogados has a long history that could be dated back to 1914. It is a Chilean law firm with extensive experience in a wide variety of industries spanning across infrastructure and real estate, mining and energy, manufacturing and processing, food and agricultural products, information technology, financial industry, non-profit organizations. It specializes in cross-border mergers and acquisitions, corporate restructuring and liquidation, foreign investment and international trade, labor law, government qualification applications, banking and finance law, and consumer protection.

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2021 ShineWing International Partner Conference

2021 Shinewing Partner Conference

2021 ShineWing International Partner Conference

SW held its 6th annual International Partners Conference on 9 and 10 November 2021, attended by over 200 partners from 16 countries and regions. The 2-day on-line conference featured the theme of “Transformation of cross-border collaborations in a post-pandemic world”, focusing on key strategic collaborations among member firms to seize new opportunities globally.

We were glad to unveil our new brand to the world during the conference, highlighting a major milestone in the rapid growth of SW’s global network and echoing our global vision of developing SW into a world-leading brand in professional services.
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ShineWing unveils a dynamic new brand in SW to support global growth strategy

catalyst-for-success

ShineWing unveils a dynamic new brand in SW to support global growth strategy

ShineWing International, a global network of independent accounting and advisory firms, today unveiled a new look to the world that included a new simplified brand name SW, along with new logo design and visual identity. It is a complete rebrand to better reflect the global nature of businesses and target markets, while also capturing our position as a global professional network with deep Asian roots.

The various dots in the new logo represent SW’s rapidly growing global professional services network, with three orange dots in an arrow shape illustrating our capability to drive progression. The modern calligraphy-style font echoes the SW network’s heritage while recognising our dynamic look and image.

The rebrand comes at an important time amid business and wealth growth around the world as it starts to emerge from a pandemic hibernation. Our industry is reshaped by the convergence of accounting practices across multiple jurisdictions, ever-changing regulatory requirements, along with different tax reforms. A deep local knowledge of the laws, regulations and business culture is extremely valuable, as businesses and individuals look to maximise efficiency. We have the reach and resources to deliver precisely that expertise.

“Our branding was in need of a revamp to reflect the nature of the business, which is now radically different from how it was years ago,” said Mr. Zhang Ke, Chairman of SW International. “The new branding represents the growth and global reach of SW, while maintaining continuity in our history and strengths.”

The new SW tagline, “Catalyst for success”, puts emphasis on how SW supports and accelerates the process of achieving the aspirations of clients, member firms and employees, driven by a rapidly expanding network of offices with the expertise to facilitate transnational opportunities.

The SW network now has more than 10,000 professionals, including over 480 partners, located in more than 80 offices in 16 regions around the world.

Mr. Marco Carlei, Managing Director of SW International added, “Our strategy is to expand growth in Europe, Africa, Middle East, America and other parts of the world. We are a leading international professional services organisation that has deep roots in Asia. We remain totally committed to offering quality and seamless services and creating benchmarks for the future. We look forward to growing our presence and business to drive continued success.”
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ShineWing TY TEOH has invited as one of the judging panel to the Malaysia National Business Awards 2021

Malaysia IBA
Invitation to judge the Malaysia IBA

ShineWing TY TEOH has invited as one of the judging panel to the Malaysia National Business Awards 2021

ShineWing TY TEOH has invited as one of the judging panel contributed to the credibility of the Malaysia International Business Awards 2021. Other panelists include the representative from Deloitte, BDO, KPMG, RSM and Mazars.


Malaysia National Business Awards is an initiative to honour exceptional local businesses in Malaysia. The awards will recognize the contributions of local firms to SEA economies.


The inaugural Malaysia National Business Awards is a prestigious event that recognises exceptional homegrown companies in Malaysia. The program will recognise the remarkable contributions of local firms to Southeast Asia economies.


Watch this short video to know more! 

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The First Managing Partners Video Conference

SWI Conference-1

The First Managing Partners Video Conference

On 14 May 2020, ShineWing International hosted its first Managing Partners video conference. Along with all the ShineWing International Board Members, all Managing Partners of the ShineWing international network covering 14 different countries and regions also joined the event, namely China, Hong Kong, Australia, Singapore, Japan, Pakistan, Egypt, Malaysia, UK, Indonesia, India, Taiwan, Thailand and Germany. The video conference was chaired by Mr. Marco Carlei, the Managing Director of ShineWing International.

Mr. Zhang Ke, Chairman of the ShineWing International, delivered an opening speech and shared his insights on the tremendous impact of the COVID-19 outbreak on the global market, covering production, work methods, supply chain, lifestyle and many other areas. All Managing Partners have reported the latest working status of their regional offices and it is inevitable that every member firm is enduring the shock wave of this pandemic to a certain extent. For this reason, all Partners have come up with a consensus that we should take this opportunity to enhance the internal IT infrastructure to strengthen the operating modes, re-examine and transform the existing business models and explore any flexible work methods beyond time and location constraints. Going forward, all ShineWing member firms are encouraged to turn the challenges posed by the outbreak into a driving force in order to actively explore new business opportunities and reduce operating costs.

All Managing Partners from the 14 member firms had also exchanged their views on their local policies and actions in response to the epidemic, the material impact brought by the pandemic to the firm in their local markets, the future development plans and the expectations on the strategic goals of ShineWing International.

Facing the daunting challenges caused by COVID-19, ShineWing International has still demonstrated high agility and coherency in its global development. For example, ShineWing Indonesia admitted 5 new partners and now has more than 100 staff in total; ShineWing Pakistan launched another new office in its capital, Islamabad; ShineWing India has recruited two new partners who are specializing in taxation and Information & Technology respectively enhancing our service capability in new technology, automation and digital business. Besides, member firms in Australia, Hong Kong, Malaysia, Singapore and Thailand have also made significant achievements in diversifying business portfolios and sourcing new clients.

Under the on-going pandemic, all member firms have adopted a strict prevention policy to ensure the health and safety of our staff. We have implemented adequate workplace policies and prevention measures to minimize the chance of virus infection, including allowing remote working and requiring mandatory health declaration.

At the end of the conference, Mr. Marco Carlei stressed that ShineWing International would continue to expand the presence in Europe and Latin America. He encouraged all Managing Partners to actively engage in business exchanges and experience sharing in order to realize the full potential of the global network and to empower the connectivity with the clients.

ShineWing International will continue to strive for continued growth along with our strategic roadmap, navigate new business opportunities through challenges and enhance our competitiveness and presence in the global markets.
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The latest world rankings of international accounting networks published by International Accounting Bulletin (IAB) in March 2020

We-are-now-the-19th-Largest-Accounting-Network-in-the-World
We are now the 19th Largest Accounting Network in the World

The latest world rankings of international accounting networks published by International Accounting Bulletin (IAB) in March 2020

According to the latest world rankings of international accounting networks published by International Accounting Bulletin (IAB) in March 2020, ShineWing International has moved up from our position of last year, ranking 19th with fee income of $489 million. We also recorded an increase of staff numbers by 19% reaching 9,816, ranking 17th in the world.

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Invitation to judge the Malaysia International Business Awards 2019

IBA Judging-1

Invitation to judge the Malaysia International Business Awards 2019

Dr. TY TEOH, Country Managing Partner from ShineWing TY TEOH was invited as one of the judging panel contributed to the credibility of the Malaysia International Business Awards 2019. Other panelists include the representative from Deloitte, KPMG, RSM, Baker Tilly and Mazars.
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ShineWing TYTEOH Malaysia visited ShineWing China Shanghai offices

ShineWing TYTEOH Malaysia visited ShineWing China Shanghai offices

ShineWing TYTEOH Malaysia visited ShineWing China Shanghai offices

ShineWing TY TEOH Malaysia visited ShineWing China Shanghai offices to explore the cross border opportunity and connectivity.


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