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 Bernard Charnwut CHAN, GBM, GBS, JP
    Chairman and President
    Asia Financial Holdings Limited
  • Mr Ericson CHAN
    Group Chief Information & Digital Officer
    Zurich Insurance Company
  • Mr Leong CHEUNG
  • Ms Mary HUEN Wai-yi, JP
    Executive Director and Chief Executive Officer, Hong Kong
    Cluster Chief Executive Officer (Hong Kong, Taiwan & Macau)
    Standard Chartered Bank (Hong Kong) Limited
  • Mrs Ann KUNG YEUNG Yun-chi, BBS, JP
    Advisor
    Bank of China (Hong Kong) Limited
  • Ms Miranda KWOK Pui-fong, JP
    Non-Executive Director
    China Construction Bank (Asia) Corporation Limited
  • Ms Amy LO Choi-wan
    Co-Head UBS Wealth Management APAC
    Head and Chief Executive UBS Hong Kong Branch
    UBS
  • Mr Dennis CHOW Chi-in
    Chair, Deloitte Asia Pacific
    Deputy Chair, Deloitte Global
  • The Honourable Rimsky YUEN Kwok-keung, GBM, SC, JP
    Temple Chambers
  • Ms Angel NG Yin-yee
    Head of Asia, Citi Global Wealth
  • Mr CHEN Shuang, JP
    Founding & Managing Partner
    APlus Partners Management Co., Limited
  • Ms Diana CESAR, JP
    Executive Director and Chief Executive
    Hang Seng Bank
  • Dr Jim LAI
    Chairman of Fusion 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, Hong Kong
    The Hongkong and Shanghai Banking Corporation 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 March 2023