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The Chief Executive has made the following appointments to the Clearing and Settlement Systems Appeals Tribunal (CSSAT) for a three-year term with effect from November 4, 2013, and to the Process Review Committee in connection with the Clearing and Settlement Systems Ordinance (Cap 584) (CSSO) for a three-year term with effect from December 1, 2013:
CSSAT:
Chairman
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Mr Anthony Gordon Rogers
Members
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Professor Andrew Chan Chi-fai*
Mr Chan Kay-cheung*
Professor Stella Cho Lung Pui-lan*
Mr Eugene Fung Ting-sek, SC
Miss Connie Lau Yin-hing
Mr Vincent Marshall Lee Kwan-ho
Ms Judy Wong Sau-pik*
Process Review Committee:
Chairman
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Professor Andrew Chan Chi-fai*
Members
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Mr Chan Kay-cheung*
Professor Stella Cho Lung Pui-lan*
Ms Joan Ho Yuk-wai
Miss Connie Lau Yin-hing
Ms Judy Wong Sau-pik*
*Re-appointment
The Secretary for Financial Services and the Treasury, Professor K C Chan, said, "We welcome the new appointments. I am confident that with their expertise and experience, the appointees will contribute to the effective operation of the CSSAT and the Process Review Committee."
The CSSAT is a statutory tribunal established under the CSSO to hear appeals by any person who is aggrieved by a decision of the Hong Kong Monetary Authority (HKMA) on designation of a clearing and settlement system and related matters.
The Process Review Committee is an independent committee established by the Chief Executive to review the processes and procedures adopted by the HKMA in relation to the oversight of a clearing and settlement system in which the HKMA may have a legal or beneficial interest.
The above appointments were gazetted today (October 25).
Ends/Friday, October 25, 2013
Issued at HKT 11:15
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