HKSAR appoints new members to Financial Reporting Review Panel

Ellichipuram Umesh

Mon, July 13, 2026 astatine 4:10 AM CDT 2 min read

The Government of the Hong Kong Special Administrative Region (HKSAR) has appointed 3 caller members and confirmed the reappointment of 1 convenor to the Financial Reporting Review Panel (FRRP).

The Accounting and Financial Reporting Council (AFRC) has welcomed the move.

According to a statement, the caller sheet members are James Liu Hong‑yuen, Benson Wong Wai‑bong and George Yang Yong.

Ernest Lee Chun‑ho has been reappointed arsenic convenor.

All 4 appointments volition use for a three-year word from 16 July 2026 to 15 July 2029.

Members of the FRRP reappraisal imaginable breaches of accounting standards successful the fiscal statements of listed companies and marque recommendations to the AFRC.

AFRC CEO Janey Lai said: "The FRRP provides invaluable nonrecreational input that enables the AFRC to place and code imaginable non-compliance with accounting requirements successful listed entities' fiscal reports.

"Its enactment enhances the effectiveness of our regulatory oversight, reinforces accountability successful fiscal reporting, and supports capitalist extortion and the wider nationalist interest."

The AFRC besides confirmed that existent members Carrie Lau Kar‑yee, Hung Ming Yi and Wang Xin volition discontinue from the panel.

The assembly expressed "gratitude" to the outgoing members "for their invaluable contributions to the FRRP".

AFRC president David Sun said: "The AFRC expresses its sincere appreciation to the retiring members for their dedicated work and invaluable contributions, and extends a lukewarm invited to the recently appointed and reappointed members.

"We are assured that their extended acquisition and nonrecreational expertise volition further fortify the enactment of the FRRP and enactment the AFRC successful upholding the highest standards of fiscal reporting to reenforce the integrity and resilience of Hong Kong's superior markets."

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