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 Edmond LAU, JP
    Deputy Chief Executive
    Hong Kong Monetary Authority
  • Mr Jack CHEUNG Tai-keung
    Chief Executive Officer
    Treasury Markets Association
  • Mrs Ayesha MACPHERSON LAU, BBS, JP
    Chairman
    Mandatory Provident Fund Schemes Authority
  • Ms Jacqueline LEUNG, JP
    President & Managing Director
    Leighton Textiles Co., Ltd.
    Leighton Investments Ltd.
  • The Honourable Bernard Charnwut CHAN, GBM, GBS, JP
    President
    Asia Financial Holdings Limited
  • Mr Ericson CHAN
    Group Chief Information & Digital Officer
    Zurich Insurance
  • Mr Leong CHEUNG
    Executive Director, Charities and Community
    The Hong Kong Jockey Club
  • Ms Mary HUEN Wai-yi
    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, JP
    Deputy Chief Executive
    Bank of China (Hong Kong) Limited
  • Ms Miranda KWOK Pui-fong
    President and 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
    Group Managing Director
    UBS
  • Mr Dennis CHOW Chi-in
    Chairman
    Deloitte China
  • The Honourable Rimsky YUEN Kwok-keung, GBM, SC, JP
    Temple Chambers
  • Ms Angel NG Yin-yee
    Chief Executive Officer, Hong Kong and Macau
    Citibank, N.A.
  • Mr CHEN Shuang, JP
    Founding & Managing Partner
    APlus Partners Management Co., Limited
  • Ms Diana CESAR
    Executive Director and Chief Executive
    Hang Seng Bank
  • Dr the Honourable Moses CHENG Mo-chi, GBM, GBS, JP
    Chairman
    Insurance Authority
  • Mr Jim LAI
    Vice President of Tencent
    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
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 : 11 October 2021