Appointments to Securities and Futures Appeals Tribunal

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     Under the authority delegated by the Chief Executive, the Financial Secretary has appointed 13 new members and re-appointed 12 serving members to the Securities and Futures Appeals Tribunal (SFAT) from April 1, 2017, to March 31, 2019, and re-appointed Mr Vincent Chin to the SFAT from April 1, 2017, to March 31, 2018.

     The membership of the SFAT for the new term commencing in April 2017 is as follows:

New appointees
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Ms Mable Chan Mei-bo
Ms Rebecca Chan Sze-oi
Ms Yvonne Cheng Wai-sum
Ms Kerry Ching Kim-wai
Ms Cindi Hui Ming-ming
Mr Johnson Kong Chi-how
Professor Leung Siu-fai
Mr Mak Kwong-fai
Ms Edith Shih
Mr Timothy Tse Wai-ming
Mr Simon Wong Hin-wing
Mr Jamee Wong Kwok-ching
Ms Wendy Yuen Miu-ling

Re-appointed members
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Mr Jeffrey Chan
Ms Ivy Cheung Wing-han
Mr Vincent Chin
Mr Mohan Datwani
Ms Ding Chen
Mr Dennis Ho Chiu-ping
Mr Henry Lai Hin-wing
Dr Billy Mak Sui-choi
Mr Anthony Muh Yi-tong
Mr Gerry Ng Joo-yeow
Mr Roy Tsang Chi-wai
Ms Wendy Tsang Kam-yin
Ms Helen Zee

     Announcing the appointments today (March 24), a Government spokesman said, "The SFAT provides an effective safeguard to ensure that the relevant regulatory decisions are reasonable and fair. It enhances the accountability of the relevant regulatory bodies."

     The Government also paid tribute to outgoing members. They are Mr Raymond Cheng Chung-ching, Dr Hu Zhanghong, Ms Miranda Kwok Pui-fong, Mr Kevin Lam Sze-cay, Mr William Lee Yiu-wing, Ms Cynthia Lim Wai-tin, Mr James C Lin, Mr Michael Liu Swee-long, Professor Low Chee-keong, Ms Anna Wong Wai-kwan and Ms Wendy Yung Wen-yee.

     "Their service to the SFAT provided an effective safeguard for the proper regulation of the securities and futures industry in Hong Kong," the spokesman said.

     The SFAT is a statutory tribunal established under the Securities and Futures Ordinance (SFO). According to the law, the SFAT is chaired by a judge or former judge for hearing appeals against specified decisions made under the SFO by the Securities and Futures Commission (SFC), the Hong Kong Monetary Authority and the investor compensation company recognised by the SFC. There are currently three chairmen on the SFAT, namely Mr Michael John Hartmann, Mr Garry Tallentire and Mr Kenneth Kwok Hing-wai, SC.

Ends/Friday, March 24, 2017
Issued at HKT 17:00

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