The Financial Infrastructure and Market Development Sub-Committee

The Financial Infrastructure and Market Development Sub-CommitteeNote makes recommendations on measures to further develop Hong Kong’s status as an international financial centre and strengthen the international competitiveness of Hong Kong’s financial services, including promoting the development, operational excellence, safety and efficiency of the financial infrastructure in Hong Kong; and promoting the development of Hong Kong as an offshore renminbi centre and fostering the development of other enabling factors. It also makes recommendations on initiatives for the HKMA and monitors the work of the HKMA.

Chairman
  • Mr Eddie YUE, JP
    The Monetary Authority
Members
  • Mr Arthur YUEN, JP
    Deputy Chief Executive
    Hong Kong Monetary Authority
  • Mr Howard LEE, JP
    Deputy Chief Executive
    Hong Kong Monetary Authority
  • Mr Darryl CHAN, JP
    Deputy Chief Executive
    Hong Kong Monetary Authority
  • Mrs Ayesha MACPHERSON LAU, BBS, JP
    Chairman
    Mandatory Provident Fund Schemes Authority
  • The Honourable Rimsky YUEN Kwok-keung, GBM, SC, JP
    Temple Chambers
  • Ms Angel NG Yin-yee
  • Ms Diana CESAR, JP
    Executive Director and Chief Executive
    Hang Seng Bank
  • Professor TAM Kar-yan, MH, JP
    Dean and Chair Professor, School of Business and Management
    The Hong Kong University of Science and Technology
  • Ms Luanne LIM
    Chief Executive Officer, Hong Kong
    The Hongkong and Shanghai Banking Corporation Limited
  • Mr Michael WONG Yick-kam, SBS, MH, JP
  • Ms Susan CHAN Wai-lan
    Deputy Head of Asia Pacific, Head of Greater China
    BlackRock
  • Mr CHEN Leiming
    Senior Vice President
    Ant Group
  • Dr JIA Hongrui
    Chief Executive Officer
    SPDB International Holdings Limited
  • Mrs Florence YIP CHIU Kwai-fong, JP
    Senior Advisor
    PricewaterhouseCoopers
  • Mr Stephen CHAN Man
    Deputy Chief Executive
    Bank of China (Hong Kong) Limited
Secretary
  • Ms Sarah KWOK
    Head (Corporate Development)
    Hong Kong Monetary Authority
Terms of Reference
  1. To recommend to the Financial Secretary through the Exchange Fund Advisory Committee measures to further develop Hong Kong’s status as an international financial centre and strengthen the international competitiveness of Hong Kong’s financial services, including –
    1. measures to promote the development, operational excellence, safety and efficiency of the financial infrastructure in Hong Kong, particularly payment and settlement arrangements;
    2. measures to promote the development of Hong Kong as an offshore renminbi centre;
    3. measures to foster the development of other enabling factors that would help enhance the competitiveness of Hong Kong’s financial services; and
    4. initiatives for the HKMA, in discharging its responsibilities for maintaining the stability and integrity of the monetary and financial systems of Hong Kong, to promote the development of the financial infrastructure and financial markets in Hong Kong under (a) to (c) above.
  2. To monitor the work of the HKMA in relation to the initiatives identified in (1) above.

Note : Formerly known as the "Financial Infrastructure Sub-Committee".

Last revision date : 13 June 2024