Deloitte Hungary's position concerning UNAICO LTD
It has been brought to our attention that the Hong Kong based United Nordic Alliance Investment Company (UNAICO LTD) is claiming that it has engaged Deloitte Touche Tohmatsu International to participate in preparing the company for a future initial public offering. Recently, Deloitte Hungary has been contacted to confirm our relationship with UNAICO LTD.
Neither Deloitte Hungary nor any other subsidiary or affiliate entity within Deloitte Central Europe has any business relationship with UNAICO LTD. Services are provided to clients in countries or geographical areas by independent firms. These firms are members of Deloitte Touche Tohmatsu Limited (DTTL), a UK private company limited by guarantee. Each member firm provides services in a particular geographic area and is subject to the laws and professional regulations of the particular country or countries in which it operates. There is no member firm called “Deloitte Touche Tohmatsu International” that would provide professional services to clients.
“Deloitte” is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management, and tax services to selected clients. These firms are members of Deloitte Touche Tohmatsu Limited (DTTL), a UK private company limited by guarantee. Each member firm provides services in a particular geographic area and is subject to the laws and professional regulations of the particular country or countries in which it operates. DTTL does not itself provide services to clients. DTTL and each DTTL member firm are separate and distinct legal entities, which cannot obligate each other. DTTL and each DTTL member firm are liable only for their own acts or omissions and not those of each other. Each DTTL member firm is structured differently in accordance with national laws, regulations, customary practice, and other factors, and may secure the provision of professional services in its territory through subsidiaries, affiliates, and/or other entities.
About Deloitte Central Europe
Deloitte Central Europe is a regional organisation of entities organised under the umbrella of Deloitte Central Europe Holdings Limited, the member firm in Central Europe of Deloitte Touche Tohmatsu Limited. Services are provided by the subsidiaries and affiliates of Deloitte Central Europe Holdings Limited, which are separate and independent legal entities. The subsidiaries and affiliates of Deloitte Central Europe Holdings Limited are among the region’s leading professional services firms, providing services through more than 3,400 people in more than 30 offices in 17 countries.
About Deloitte Hungary
In Hungary, the services are provided by Deloitte Auditing and Consulting Limited (Deloitte Ltd.) and Deloitte Advisory and Management Consulting Privite Limited Company (Deloitte Co. Ltd.), (jointly referred to as “Deloitte Hungary”) which are affiliates of Deloitte Central Europe Holdings Limited. Deloitte Hungary is one of the leading professional services organizations in the country providing services in six professional areas - audit, tax, legal (legal services to clients are provided by cooperating law firm Ember, Drabos and Szarvas Law Firm), consulting, enterprise risk services and financial advisory services - through more over 400 national and specialized expatriate professionals.
For more information, please visit the Hungarian website at www.deloitte.hu.