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The Financial Secretary has appointed four new members to the Standing Committee on Company Law Reform (SCCLR) for a term of two years starting from Sunday (February 1).
They are Mr Chew Fook-aun, who will assume the post of Executive Director and Group Chief Financial Officer of Esprit Holdings Limited; Mr Goo Say-hak, Associate Professor of the Faculty of Law at the University of Hong Kong; Mr Johnson Kong Chi-how, Managing Director of BDO McCabe Financial Services Limited and Ms Catherine Morley, Partner, Professional Practice Department of KPMG.
At the same time, the incumbent Chairman, Mr Benjamin Yu, SC, and five other non-official members have been re-appointed for a term of one to two years starting February 1. The re-appointed members are Mr David Stannard, Ms Teresa Ko, Mr Godfrey Lam, SC, Mr Paul Winkelmann and Mr Patrick Wong.
A government spokesman said today (January 30), ˇ§With the professional background and expertise of its members, the SCCLR will continue to provide valuable advice to the Government, particularly on matters relating to the rewrite of the Companies Ordinance.ˇ¨
ˇ§It is essential to maintain Hong Kongˇ¦s position as an international business and financial centre which has to be underpinned by company law of an international standard and responsive to the needs of the business community,ˇ¨ the spokesman said.
ˇ§We are also grateful to Mr John Poon, Ms Vanessa Stott, Mr Carlson Tong, JP and Mr Felix Chan, MH, the outgoing members of SCCLR, for their invaluable contributions to the work of the Committee over the past years.ˇ¨
The SCCLR was set up in 1984 to advise the Financial Secretary on amendments to the Companies Ordinance and other related legislation as and when necessary.
Members of the SCCLR include representatives of relevant government departments and regulators, as well as personalities from the relevant sectors or professions such as accountancy, legal and company secretarial.
Ends/Friday, January 30, 2009
Issued at HKT 16:00
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