EXPLANATORY NOTES
Following the network definition of the IFAC Code of Ethics, HLB International is considered to be a network. As such, it is under the obligation to maintain an International Independence Register.
The Register is required to contain details of all listed companies and other “entities of significant public interest” and this system has been designed to collect this information from all HLBI member firms.
Each country should have a definition of “entities of significant public interest”, but if this is not the case in your country, guidelines are included in the IESBA-Handbook-Code-of-Ethics-2021