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The Government announced today (July 11) the appointment of 29 new members and the re-appointment of 14 members to the Financial Reporting Review Panel (FRRP).
The appointments to the FRRP are:
For a term of two years from July 16, 2013, to July 15, 2015:
Mr Chan Chi-kong
Ms Mabel Chan Mei-bo
Mr Chan Shu-kin
Professor Kevin Chen
Mr Vincent Duhamel
Mr Eugene Fung Ting-sek
Mr Andrew Leung Chi-kwan
Mr Alden Leung Kwok-ki
Professor Lin Zhi-jun
Ms Alexandra Lo Dak-wai
Ms Catherine Morley
Ms Melissa Kaye Pang
Mr Gary Poon Tsun-wah
Ms Anna Wong Wai-kwan
For a term of three years from July 16, 2013, to July 15, 2016:
Mr Jamie Allen
Professor Gary Clark Biddle
Professor Peter Cheng Shu-tong
Mr Cheung Kwan-hoi
Ms Cheung Wing-han
Mr Ambrose Cheung Wing-sum
Mr Mohan Datwani
Ms Ding Chen
Mr Ian Farrar
Ms Cindy Fu Man-yee
Mr Robert Andrew Gazzi
Mr Paul Donald Hebditch
Mr Nelson Lam Chi-yuen
Ms Lee Pui-shan
Mr William Lim Choon-hock
Miss Cynthia Lim Wai-tin
Mr Andrew Mak Yip-shing
Mr Ng Shiu-hong
Mr Paul Anthony Phenix
Mr Paul Shieh Wing-tai
Ms Edith Shih
Ms Teo Chew-ping
Mr Wong Kim-man
Ms Priscilla Wong Pui-sze
Professor Wong Tak-jun
Mr Stephen Wong Tak-man
Dr Kelvin Wong Tin-yau
Mr Thomas Wong Yue-ting
Ms Wendy Yung Wen-yee
Amongst the appointments, Mr Robert Andrew Gazzi, Mr Andrew Mak Yip-shing, Ms Catherine Morley, Ms Edith Shih, Professor Wong Tak-jun and Dr Kelvin Wong Tin-yau were also appointed as Convenors of the Panel.
The FRRP was established under the Financial Reporting Council (FRC) Ordinance (Cap. 588) to enquire into non-compliance with legal, accounting or regulatory requirements in a listed entity's financial reports.
"The FRC is an important institution tasked to enhance the regulation of the accounting profession and corporate governance of companies listed in Hong Kong," a Government spokesman said.
"Established under the FRC, the work of the FRRP is indispensable to the discharge of the FRC's statutory functions. We look forward to benefiting from the knowledge and expertise of FRRP members. We would also like to take this opportunity to express our heartfelt thanks to the outgoing members for their valuable contributions to the work of the Panel in the past 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.
The Committee will enquire into cases of non-compliance with relevant legal, accounting and other regulatory requirements by listed entities in their financial reports. It will submit an enquiry report on the case to the FRC for consideration and, where appropriate, follow-up action.
The appointments will be gazetted tomorrow (July 12).
Ends/Thursday, July 11, 2013
Issued at HKT 16:02
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