Appointments to Process Review Panel for Securities and Futures Commission

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The Government announced today (October 24) that the Financial Secretary, under the authority delegated by the Chief Executive, has appointed the new Chairman and eight new members, and reappointed four incumbent members to the Process Review Panel (PRP) for the Securities and Futures Commission (SFC) for a term of two years from November 1, 2024.

The new Chairman of the PRP is Ms Miranda Kwok Pui-fong. The eight new members are Dr Chordio Chan Siu-ping, Ms Lorna Chen Xin, Mr Kenneth Chen Yung-ngai, Dr Bankee Kwan Pak-hoo, Mr David Lau Pak-wai, Ms Jasmine Lee Shun-yi, Ms Lian Shaodong and Ms Karen So Kwok-yan. Professor Chan Ka-lok, Ms Kerry Ching Kim-wai, Mr Charles Lin Xiaodong and Dr Levin Wang Lei have been reappointed.

A spokesman for the Financial Services and the Treasury Bureau said, "We are grateful to the PRP for the time and efforts devoted to conducting reviews. The valuable advice and suggestions provided to the SFC have helped enhance its internal procedures and operational guidelines. We are confident that, under the leadership of Ms Miranda Kwok as the new Chairman, the PRP will continue to play a vital role in assisting the SFC to exercise its regulatory power in a fair and efficient manner.

"We extend our heartfelt gratitude to the outgoing Chairman, Mr Lawrence Lee Kam-hung, for his exemplary leadership over the past six years. We would also like to thank Mr Jeffrey Chan Lap-tak, Ms Dilys Chau Suet-fung, Ms Ivy Chua Suk-lin, Mr Vincent Chui Yik-chiu, Ms Margaret Kwan Wing-han, Mr Henry Lai Hin-wing and Mr Brian David Li Man-bun, who will be completing their tenure, for their dedication and contribution."

The PRP is an independent non-statutory panel established in November 2000 to review the operational procedures of the SFC and determine whether the SFC has followed its procedures in carrying out its work. This helps ensure that the SFC exercises its regulatory power in a fair and consistent manner.

The membership of the PRP with effect from November 1, 2024, is as follows:

Chairman
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Ms Miranda Kwok Pui-fong

Members
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Professor Chan Ka-lok
Dr Chordio Chan Siu-ping
Ms Lorna Chen Xin
Mr Kenneth Chen Yung-ngai
Ms Kerry Ching Kim-wai
Dr Bankee Kwan Pak-hoo
Mr David Lau Pak-wai
Ms Jasmine Lee Shun-yi
Ms Lian Shaodong
Mr Charles Lin Xiaodong
Ms Karen So Kwok-yan
Dr Levin Wang Lei

Ex-officio Members
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The Chairman of the SFC
The Secretary for Justice or his representative

Ends/Thursday, October 24, 2024
Issued at HKT 17:00

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