Government Reappoints Ayesha Lau as MPFA Chairman, Announces New Non-Executive Directors for 2025-2027 Terms.

Appointments to Mandatory Provident Fund Schemes Authority announced

The Government announced today (March 4) that the Chief Executive (CE), in exercise of his authority under the Mandatory Provident Fund Schemes Ordinance (Cap. 485) (MPFSO), has reappointed Mrs Ayesha Macpherson Lau as the Chairman and the Non-Executive Director (NED) of the Mandatory Provident Fund Schemes Authority (MPFA).

At the same time, the Financial Secretary, in exercise of the authority under the MPFSO delegated to him by the CE, has appointed Mr Chau Siu-chung and Dr Wingco Lo Kam-wing, and reappointed Mr Dominic Pang Yat-ting, Mr Bill Tang Ka-piu, Dr Levin Wang Lei and Ms Fanny Wong Lai-kwan as NEDs of the MPFA.

The above appointments will be effective from March 17, 2025, till March 16, 2027, lasting for a term of two years.

Announcing the appointments, the Secretary for Financial Services and the Treasury, Mr Christopher Hui, said, "Mrs Lau was first appointed as an NED of the MPFA in 2017 and assumed the chairmanship in 2021. During her present tenure, she has steered the MPFA executive team in developing and launching the eMPF Platform, thereby enhancing the operational efficiency of the Mandatory Provident Fund (MPF) System and creating room for fee reductions. We trust that under Mrs Lau's leadership, the MPFA will continue to discharge its statutory functions for the betterment of our MPF System."

Mr Hui added, "Taking this opportunity, I welcome Mr Chau Siu-chung and Dr Wingco Lo Kam-wing to the MPFA Management Board. We are confident that with their respective knowledge and experience in the labour and business sectors, the MPFA will continue to enhance the role of the MPF System in retirement protection to safeguard the interests of our scheme members."

Mr Hui also thanked the outgoing NEDs, Mr Lam Chun-sing and Mr Karson Choi Ka-tsan, for their dedicated service and valuable advice to the MPFA over the past few years.

The MPFA is a statutory body established under the MPFSO in September 1998 for the regulation and supervision of the MPF System. The new membership of the MPFA is as follows:

Chairman and Non-Executive Director

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Mrs Ayesha Macpherson Lau

Non-Executive Directors

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Mr Chau Siu-chung

Miss Queenie Fiona Lau

Dr Wingco Lo Kam-wing

Mr Dominic Pang Yat-ting

Mr Bill Tang Ka-piu

Dr Levin Wang Lei

Ms Fanny Wong Lai-kwan

Secretary for Financial Services and the Treasury (Permanent Secretary for Financial Services and the Treasury (Financial Services) as alternate)

Secretary for Labour and Welfare (Permanent Secretary for Labour and Welfare as alternate)

Executive Directors

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Mr Cheng Yan-chee

Ms Cynthia Hui Wai-yee

Mr Wallace Lau Ka-ki

Mr Eric Cheng Siu-fun

Mr Kenneth Chan Siu-yum

Public urged to guard against repeated fake messages on Guangdong-Hong Kong Regular Quotas for vehicles

A spokesman for the Transport Department (TD) today (April 29) again reminded members of the public not to be misled by recent fake messages in social media and messaging groups that claim Hong Kong residents can directly apply for valid permanent Guangdong-Hong Kong Regular Quotas for their vehicles and use various boundary control points (BCPs). The case will be referred to law enforcement agencies for follow-up.

A spokesman for the TD clarified that applicants for the Regular Quotas must meet the application requirements stipulated by the Mainland authority and submit the specified documents (such as business registration documents of both Guangdong and Hong Kong) to the Mainland authority. Upon receipt of the Mainland Approval Notice from the Mainland authority, applicants may then apply to the TD of the HKSAR Government for Closed Road Permits for the designated land-based boundary control points.

The spokesman added, "Similar false information has from time to time appeared in local and Mainland social media and messaging groups. Such messages repeatedly impersonate government announcements, falsely claiming that quotas are not subject to BCPs or eligibility criteria to solicit clients. Members of the public should heighten vigilance."

The HKSAR Government stressed that the arrangements for the Regular Quotas and the use of BCPs are serious issues which must be jointly deliberated by the governments of the two places holistically. Citizens should refer to official announcements, verify messages carefully and stay alert against deception to avoid disruption to their travel plans.

Source: AI-found images