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Process Review Committee

(Appointed by the Chief Executive)

Enquiry: Hong Kong Monetary Authority
55/F, Two International Finance Centre,
8 Finance Street, Central, Hong Kong.
Telephone: 2878 1078

Professor Andrew CHAN Chi-fai (Chairman)
Mr. CHAN Kay-cheung
Dr. Stella CHO LUNG Pui-lan
Mr. Nicholas Peter ETCHES
Mr. Mervyn Robert John JACOB
Ms. Judy WONG Sau-pik

Secretary: Mr. Osbert LAM
(Tel.: 2878 8795)

Terms of Reference

(1) To review and advise the Hong Kong Monetary Authority (HKMA) upon the adequacy of the HKMA's internal operational procedures and guidelines for applying the standards set under the Clearing and Settlement Systems Ordinance (CSSO) (Chapter 584 of the Laws of Hong Kong) to those designated systems in which the HKMA has a legal or beneficial interest;
(2) to receive and consider periodic reports from the HKMA on all completed or discontinued files in respect of alleged non-compliance of the CSSO by those designated systems in which the HKMA has a legal or beneficial interest; and
(3) to submit annual reports and, if appropriate, special reports on designated systems in which the HKMA has a legal or beneficial interest, to the Financial Secretary.


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