Appointments to SFC Advisory Committee
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The Government announced today (June 15) that the Financial Secretary, Mr Paul Chan, under the authority delegated by the Chief Executive, has appointed five new members and reappointed six serving members to the Advisory Committee of the Securities and Futures Commission (SFC) for a term of two years from June 1, 2023, to May 31, 2025.
The membership of the SFC Advisory Committee for the new term is as follows:
New appointees
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Professor Cai Hongbin
Dr Jia Hongrui
Mr Phillip Meyer
Mr Harold Wong Tsu-hing
Mr Wilfred Yiu Ka-yan
Reappointed members
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Mr Freeman Chan Yuk-sing
Ms Li Tong
Ms Fion Ng Siu-mui
Mr Tse Yung-hoi
Ms June Wong Wai-man
Ms Catherine Yien Yu-yu
A Government spokesman said, "The SFC Advisory Committee comprises members from different professions. They possess extensive operational experience and professional knowledge of the financial markets. We are confident that they will provide independent and professional advice to the SFC on matters related to the SFC's policy and market regulation."
The spokesman also paid tribute to the outgoing members, Professor Chan Ka-lok, Mrs Ann Kung Yeung Yun-chi, Ms Winnie Pun Wing-nin, Mr Calvin Tai Chi-kin, Dr Tan Yueheng and Mr Yim Lok-kui, and expressed gratitude for their valuable contributions during their terms.
The SFC Advisory Committee was established under Section 7 of the Securities and Futures Ordinance to advise the SFC on policy matters regarding its regulatory objectives and functions. In addition to the 11 appointed members, the SFC Advisory Committee comprises the Chairman, Chief Executive Officer and two Executive Directors of the SFC.
Ends/Thursday, June 15, 2023
Issued at HKT 17:00
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