Appointments to SFC Advisory Committee
The Government announced today (April 26) that the Financial Secretary, Mr Paul Chan, under the authority delegated by the Chief Executive, has appointed five new members and re-appointed seven serving members to the Advisory Committee of the Securities and Futures Commission (SFC). All appointments are for a term of two years, from June 1, 2019, to May 31, 2021.
The membership of the SFC Advisory Committee of the new term is as follows –
New appointees
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Mr Freeman Chan Yuk-sing
Ms Winnie Pun Wing-nin
Ms June Wong Wai-man
Ms Catherine Yien Yu-yu
Mr Yim Lok-kui
Re-appointed members
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Professor Chan Ka-lok
Mr Jeffrey Chan
Ms Ding Chen
Mr David Graham
Mrs Ann Kung Yeung Yun-chi
Dr Tan Yue-heng
Mr Yin Ke
A government spokesman said, "The Advisory Committee of the SFC comprises practitioners from different professions. They possess operational experience and professional knowledge about the financial markets. We are confident that they will provide independent and professional advice to the SFC on matters related to the SFC's policy and market regulation."
The spokesman also paid tribute to the outgoing members, namely Dr Au King-lun, Ms Prudence Ann Bennett, Ms Wei Sun Christianson, Mr Mark Graham Shipman and Mr Richard David Winter, for their valuable contribution.
The Advisory Committee of the SFC was established under Section 7 of the Securities and Futures Ordinance to advise the SFC on policy matters regarding its regulatory objectives and functions.
In addition to the 12 appointed members, the Advisory Committee of the SFC comprises the Chairman, Chief Executive Officer and two Executive Directors of the SFC.