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Appointments to Stablecoin Review Tribunal
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     The Government announced today (October 31) that the Chief Executive has, pursuant to the Stablecoins Ordinance (Cap. 656) (the Ordinance), appointed the Chairperson and panel members to the Stablecoin Review Tribunal.
 
     The following Chairperson and panel members of the Tribunal are appointed for a three-year term from November 1, 2025, to October 31, 2028.
 
Chairperson
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Mr Douglas Lam Tak-yip, SC
 
Panel members
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Professor Allen Huang Hao
Ms Vivien Khoo
Mr Robert Andrew Lui Chi-wang
Mr Andrew Mak Yip-shing
Mr Philip Ng Kim-lam
Mr Patrick Siu Tsz-him
 
     A Government spokesman said, "The Ordinance has further strengthened the regulatory framework for digital asset activities in Hong Kong, providing a solid foundation for the steady and sustainable development of the industry. The Tribunal helps provide safeguards to ensure that the relevant regulatory decisions are reasonable and fair."
 
     The Tribunal is established under the Ordinance to, upon receipt of appeals, review specified decisions of the Hong Kong Monetary Authority made under the Ordinance.
 
Ends/Friday, October 31, 2025
Issued at HKT 11:00
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