The Chief Executive has made appointments to the Payment Systems and Stored Value Facilities Appeals Tribunal (Tribunal) for a three-year term with effect from November 4, 2016; and to the Process Review Committee in connection with the Payment Systems and Stored Value Facilities Ordinance (Cap. 584) (the Ordinance) (Process Review Committee) for a three-year term with effect from December 1, 2016.
 
     The membership lists of the Tribunal and the Process Review Committee are as follows:
 
Tribunal:
 
Chairman
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Mr Anthony Gordon Rogers, SC *
 
Members
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Ms Annie Chan Wai-hing
Mr Eugene Fung Ting-sek, SC *
Ms Joan Ho Yuk-wai
Mr Vincent Marshall Lee Kwan-ho *
Ms Sabita Prakash
Mr Anson Wong Man-kit, SC
 
Process Review Committee:
 
Chairman
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Professor Francis Chin Yuk-lun
 
Members
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Ms Annie Chan Wai-hing
Ms Joan Ho Yuk-wai *
Ms Sabita Prakash
Mr Michael Shue
 
*re-appointment
   
      The Secretary for Financial Services and the Treasury, Professor K C Chan, said, “We welcome the new appointments. I am confident that with their expertise and experience, the appointees will contribute to the effective operation of the Tribunal and the Process Review Committee.”
 
     The Tribunal (previously named the Clearing and Settlement Systems Appeals Tribunal) is a statutory tribunal established under the Ordinance to hear appeals from persons aggrieved by any reviewable decision of the Hong Kong Monetary Authority (HKMA) made under the Ordinance.
 
     The Process Review Committee is an independent committee established by the Chief Executive to review the processes and procedures adopted by the HKMA in making decisions relating to or affecting the designated systems in which the HKMA has a legal or beneficial interest. 
 
     The above appointments were gazetted today (October 28).
 
 

Ends/Friday, October 28, 2016
Issued at HKT 11:48

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