Welcome to the new Chairman of the Securities and Futures Commission.
Release Date: 2024-10-16
Date: October 14, 2024
The Hong Kong Special Administrative Region Government has today confirmed the appointment of Dr. Kelvin Wong as the incoming Chairman of the Securities and Futures Commission (SFC). This appointment is warmly welcomed and supported by our organization. Dr. Wong brings a wealth of experience in capital market regulation and corporate governance, positioning him to effectively guide the SFC in overcoming future challenges and fostering the continued stability and growth of Hong Kong's financial markets.
Dr. Wong currently serves as the Chairman of the Accounting and Financial Reporting Council and has previously held positions as a non-executive director of the SFC and Chairman of the Investor Education Centre. He possesses a profound understanding of Hong Kong’s financial regulatory landscape and market dynamics. His expertise in accounting, auditing, and financial management will be instrumental in shaping the SFC's regulatory strategies and operations.
Under Dr. Wong's leadership, we anticipate the SFC's enhanced oversight of listed companies, especially in response to recent concerns regarding corporate accounting practices. We also expect advancements in aligning Hong Kong's initial public offering standards and procedures with international benchmarks. We are confident that Dr. Wong's leadership will drive continued reform and innovation within Hong Kong's financial markets, reinforcing its stature as a leading international financial hub.
As we welcome Dr. Wong, we also extend our deepest appreciation to Mr. Tim Lui, the outgoing Chairman. Mr. Lui has led the SFC through significant challenges since his appointment in 2018, including the COVID-19 pandemic and global economic volatility. His tenure saw the implementation of critical reforms, bolstering connectivity between Mainland China and Hong Kong's financial markets, optimizing the listing framework for tech and innovation enterprises, advancing ESG disclosures, and enhancing oversight of virtual asset trading platforms. These efforts have significantly boosted Hong Kong's market competitiveness, transparency, stability, and sustainability. Mr. Lui's visionary leadership has set a robust foundation for the future development of Hong Kong's financial markets.
We express our heartfelt gratitude to Mr. Tim Lui for his exceptional contributions and wish him success in his future pursuits. Concurrently, we are eager to collaborate with Dr. Kelvin Wong and the SFC team to uphold the integrity, efficiency, and innovation of Hong Kong's financial market, further solidifying and elevating Hong Kong’s status as a global financial center.
Mofiz Chan
Chairman
Hong Kong Securities and Futures Professionals Association
The Hong Kong Special Administrative Region Government has today confirmed the appointment of Dr. Kelvin Wong as the incoming Chairman of the Securities and Futures Commission (SFC). This appointment is warmly welcomed and supported by our organization. Dr. Wong brings a wealth of experience in capital market regulation and corporate governance, positioning him to effectively guide the SFC in overcoming future challenges and fostering the continued stability and growth of Hong Kong's financial markets.
Dr. Wong currently serves as the Chairman of the Accounting and Financial Reporting Council and has previously held positions as a non-executive director of the SFC and Chairman of the Investor Education Centre. He possesses a profound understanding of Hong Kong’s financial regulatory landscape and market dynamics. His expertise in accounting, auditing, and financial management will be instrumental in shaping the SFC's regulatory strategies and operations.
Under Dr. Wong's leadership, we anticipate the SFC's enhanced oversight of listed companies, especially in response to recent concerns regarding corporate accounting practices. We also expect advancements in aligning Hong Kong's initial public offering standards and procedures with international benchmarks. We are confident that Dr. Wong's leadership will drive continued reform and innovation within Hong Kong's financial markets, reinforcing its stature as a leading international financial hub.
As we welcome Dr. Wong, we also extend our deepest appreciation to Mr. Tim Lui, the outgoing Chairman. Mr. Lui has led the SFC through significant challenges since his appointment in 2018, including the COVID-19 pandemic and global economic volatility. His tenure saw the implementation of critical reforms, bolstering connectivity between Mainland China and Hong Kong's financial markets, optimizing the listing framework for tech and innovation enterprises, advancing ESG disclosures, and enhancing oversight of virtual asset trading platforms. These efforts have significantly boosted Hong Kong's market competitiveness, transparency, stability, and sustainability. Mr. Lui's visionary leadership has set a robust foundation for the future development of Hong Kong's financial markets.
We express our heartfelt gratitude to Mr. Tim Lui for his exceptional contributions and wish him success in his future pursuits. Concurrently, we are eager to collaborate with Dr. Kelvin Wong and the SFC team to uphold the integrity, efficiency, and innovation of Hong Kong's financial market, further solidifying and elevating Hong Kong’s status as a global financial center.
Mofiz Chan
Chairman
Hong Kong Securities and Futures Professionals Association
Latest Major Events & Notices
Hon. Kwok Wai-keung from HKFTU spoke on the 2025 Two Sessions and the MPF offsetting cancellation
2025-05-01
2025年周年會員大會——候選理事名單
2025-04-29