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The Financial Secretary has appointed members to the Financial Reporting Review Panel (FRRP) for a term of three years with effect from next Friday (July 16).
The FRRP is an organ established under the Financial Reporting Council (FRC) Ordinance to enquire into non-compliance with legal, accounting or regulatory requirements in a listed entity's financial reports.
The appointments are as follows -
Convenors-cum-members:
Mrs Edith Chan Ngan Man-ling
Mr Wilson Fung Ying-wai
Professor Amy Lau Hing-ling
Dr Eric Li Ka-cheung
Mr David Lie-A-Cheong Tai-chong
Mr Stephen Taylor
Mr Alvin Wong Tak-wai
Members:
Mr Morison Chan
Mr Edmond Chan Ka-ling
Miss Mabel Chan Mei-bo
Mr Albert Chan Shu-kin
Ms Annie Chan Wai-hing
Ms Dilys Chau Suet-fung
Professor Kevin C W Chen
Mrs Lina Cheng Tang Ho-kuen
Mr Raphael Ding Wai-chuen
Mr Vincent Duhamel
Mr Eugene Fung Pui-cheung
Mr Eugene Fung Ting-sek
Mr Chris Hall
Mr Kenneth Lam
Mr Kevin Lau Siu-ki
Ms Cecilia Lee Sau-wai
Mr Alden Leung
Mr Andrew C K Leung
Mr Brian David Li Man-bun
Professor Lin Zhijun
Ms Alexandra Lo Dak-wai
Professor Low Chee-keong
Ms Ayesha Abbas Macpherson
Ms Catherine S Morley
Ms Melissa Kaye Pang
Mr Gary Poon Tsun-wah
Ms Josephine Price
Ms Barbara Shiu
Professor Bin Srinidhi
Ms Cynthia Tang Yuen-shun
Mr Carlson Tong
Mr Tony Tsoi Tong-hoo
Mr Paul F Winkelmann
Ms Anna Wong Wai-kwan
A government spokesman said today (July 8), "Since its establishment in 2007, the FRC has contributed to safeguarding the integrity of our financial system and enhancing the regulation of the accounting profession.
"The FRRP is an important component of our financial reporting regime. Its work is indispensable to the discharge of the FRC's statutory functions. We look forward to benefiting from the knowledge and expertise of our members. We would also like to take this opportunity to express our appreciation to outgoing members for their contribution to the work of the Panel in the past three years," the spokesman added.
When an enquiry case arises, the FRC will appoint one Convenor and four or more members from the Panel to form a Financial Reporting Review Committee, which will enquire into cases of non-compliance with relevant legal, accounting and other regulatory requirements by listed entitles in their financial reports. An enquiry report on the case will be submitted to the FRC for consideration and, where appropriate, follow-up action.
The appointments will be gazetted tomorrow (July 9).
Ends/Thursday, July 8, 2010
Issued at HKT 19:26
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