Appointments to Securities and Futures Appeals Tribunal
The Government announced today (March 21) that the Financial Secretary has appointed, under the authority delegated by the Chief Executive, nine new members and reappointed 16 serving members to the Securities and Futures Appeals Tribunal (SFAT) for a term of two years from April 1, 2025, to March 31, 2027.
The membership of the SFAT for the new term is as follows:
Chairmen
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Mr Michael John Hartmann
Mr Michael Victor Lunn
Mr Ian Charles McWalters
New appointees
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Mr Johnny Chan Kok-chung
Mr Arthur Chan Sung-lai
Ms Annie Chen Poonis
Professor Terence Chong Tai-leung
Professor Fong Yuk-fai
Dr Jia Hongrui
Mr Ernest Lee Chun-ho
Dr Leung Chuen-yan
Mr Wiley Pun Wang-fung
Reappointed members
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Dr Chordio Chan Siu-ping
Ms Florence Chan Yuen-shan
Ms Lorna Chen Xin
Mr Gary Cheung Wai-kwok
Ms Ivy Chua Suk-lin
Mr Stephen Hung Wan-shun
Ms Sammy Koo Chi-sum
Dr Bankee Kwan Pak-hoo
Mr Lau Pak-wai
Ms Carol Lui Kit-fong
Mr Webster Ng Kam-wah
Mr Hamilton Ty Tang
Professor Tang Hei-wai
Dr Christopher To Wing
Mr Yip Chai-tuck
Mr Edward Yuen Siu-bun
The Government also expressed gratitude to the outgoing members. They are Professor Chan Ka-lok, Professor Chan Koon-hung, Ms Dilys Chau Suet-fung, Mr Kent Ho Ching-tak, Mr Peter Leung Ming-hym, Mrs Natalia Seng Sze Ka-mee and Ms Amelia Yau Yu-xin.
"The SFAT provides an effective safeguard to ensure that the relevant regulatory decisions are reasonable and fair, thus enhancing the accountability of the regulatory bodies concerned. We are thankful to the outgoing members for their service, which has effectively conserved the proper regulation of the securities and futures industry in Hong Kong," a Government spokesman said.
The SFAT is a statutory tribunal established under the Securities and Futures Ordinance (Cap. 571) (SFO). According to the law, the SFAT is chaired by a judge or former judge for hearing appeals against specified decisions made under the SFO by the Securities and Futures Commission (SFC), the Hong Kong Monetary Authority, and the investor compensation company recognised by the SFC.
