Appointments to Leveraged Foreign Exchange Trading Arbitration Panel

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     The Financial Secretary has made appointments to the Leveraged Foreign Exchange Trading Arbitration Panel pursuant to the Securities and Futures (Leveraged Foreign Exchange Trading) (Arbitration) Rules (Cap. 571F). All appointments are for a term of three years from July 17, 2017, to July 16, 2020.

     The membership of the Panel of the new term is as follows:

Re-appointees
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Mr Lawrence Lam Yuk-kun (re-appointed as Chairman)
Ms Rosita Lee Pui-shan (re-appointed as Deputy Chairman)
Mr Jack Cheung (re-appointed as Member)

New appointees
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Mr Chordio Chan Siu-ping
Mr Leung Tak-lap

     Announcing the appointments today (June 23), a government spokesman said, "Members of the Panel are experienced practitioners in the financial services sector. We are thankful to the re-appointees for their continued support for the work of the Panel and welcome the new appointees to join the Panel. With their expertise and experience, we are confident that all members would be able to contribute to the work of the Panel.

     "We would also like to express our sincere gratitude to the outgoing member, Mr Woody Chan Kang-muk, for his service to the Panel over the past six years."

     The Panel was established under the Securities and Futures Ordinance (Cap. 571) to arbitrate disputes between corporations licensed by the Securities and Futures Commission for carrying out leveraged foreign exchange trading and their clients.

Ends/Friday, June 23, 2017
Issued at HKT 17:30

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