Appointments to Task Force on Promoting Web3 Development
********************************************************
A government spokesman said, "Since its establishment in 2023, the Task Force has been rendering valuable advice that is both innovative and practical in respect of the potential and direction of Web3 development in Hong Kong. The newly appointed and reappointed members are all leaders and professionals in the relevant sectors. As the Government recently promulgated the Policy Statement 2.0 on the Development of Digital Assets in Hong Kong, their expertise and experience will contribute to promoting the continued and prosperous development of the digital asset ecosystem in Hong Kong, with a view to establishing Hong Kong as a leading global hub for digital assets."
The Financial Secretary announced in the 2023-24 Budget the establishment of the Task Force to provide recommendations on the sustainable and responsible development of Web3 in Hong Kong. The Task Force was established in July 2023. Chaired by the Financial Secretary, in addition to non-official members from the relevant market sectors, the Task Force also comprises relevant key government officials and representatives from financial regulators.
The membership of the Task Force, with effect from July 1, 2025, is as follows:
Chairman
-----------
Financial Secretary
Non-official members
(in alphabetical order of family names)
------------------------
Professor Alex Au Wai-chi
Mr Cai Wensheng (newly appointed member)
Mr Norman Chan Tak-lam
Mr Duncan Chiu
Mr Lawrence Chu Sheng-yu
Dr Jack Kong Jianping
Mr Kwock Yin-lun (newly appointed member)
Ms Joy Lam
Mr Marco Lim Jun-kit (newly appointed member)
Professor Lin Chen
Mr Robert Andrew Lui Chi-wang
Mr Henry Ma Chi-to (newly appointed member)
Dr Johnny Ng Kit-chong
Professor Jack Poon Sik-ching
Mr Alessio Quaglini (new appointed member)
Ms Elizabeth Quat
Mr Siu Yat
Mr Neil Tan
Mr John Wang Jiachao
Dr Xiao Feng
Official members
-------------------
Secretary for Financial Services and the Treasury
Permanent Secretary for Financial Services and the Treasury (Financial Services)
Permanent Secretary for Innovation, Technology and Industry
Under Secretary for Financial Services and the Treasury
Commissioner for Digital Policy
Director-General of Investment Promotion, Invest Hong Kong
Chief Executive Officer, Hong Kong Cyberport Management Company Limited
Chief Executive, Hong Kong Monetary Authority
Chief Executive Officer, Securities and Futures Commission
Chief Executive Officer, Insurance Authority
Chief Executive Officer, Hong Kong Exchanges and Clearing Limited
Ends/Monday, June 30, 2025
Issued at HKT 19:21
Issued at HKT 19:21
NNNN