Government Announces Legal Notices for MPF Scheme Transition to eMPF Platform by October 2025.

Gazettal of legal notices for onboarding of Mandatory Provident Fund scheme to eMPF Platform

To prepare for the onboarding of Mandatory Provident Fund (MPF) scheme to the eMPF Platform, the Government published in the Gazette today (August 29) the following legal notices:

(i) the Mandatory Provident Fund Schemes (Specification of Dates for Purposes of Section 19M(2)(a)) (Amendment) (No. 5) Notice 2025 (Mandatory Use (Amendment) (No. 5) Notice 2025); and

(ii) the Mandatory Provident Fund Schemes (Appointment of Dates for Purposes of Section 19U(4)) (Amendment) (No. 5) Notice 2025, the Mandatory Provident Fund Schemes (Appointment of Dates for Purposes of Section 19Y(3)) (Amendment) (No. 5) Notice 2025, and the Mandatory Provident Fund Schemes (Appointment of Dates for Purposes of Section 19Z(4)) (Amendment) (No. 5) Notice 2025 (collectively Fee Control (Amendment) (No. 5) Notices 2025).

The Mandatory Use (Amendment) (No. 5) Notice 2025 specifies October 3, 2025, as "material day" for the Sun Life Rainbow MPF Scheme administered by the Sun Life Trustee Company Limited (Sun Life), such that Sun Life is mandated to use the eMPF Platform to perform scheme administration functions in relation to this MPF scheme. On cost savings and fee-setting of MPF scheme to be charged by MPF trustee on scheme members, the Fee Control (Amendment) (No. 5) Notices 2025 appoint January 3, 2026, as "material day" for the constituent funds of the MPF scheme mentioned above, such that Sun Life is mandated to make corresponding reduction in its fees charged on scheme members in relation to the constituent funds of this MPF scheme.

Relevant legal notices for the remaining MPF schemes will be published in the Gazette when the respective onboarding dates are ascertained having regard to the onboarding preparation status of the MPF trustees concerned.

If scheme members/employers have any question regarding the detailed operation of the eMPF Platform, they may visit the Platform's official website (empf.org.hk), or call the Platform's customer service hotline (183 2622).

The aforementioned legal notices will be tabled at the Legislative Council for negative vetting on September 10, 2025.

Source: AI-found images

Scam alert related to banks

The following is issued on behalf of the Hong Kong Monetary Authority:

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press releases issued by the banks listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which have been reported to the HKMA. Hyperlinks to the press releases are available on theHKMA website.

Bank

Type of scam

The Bank of East Asia, Limited

Fraudulent websites, internet banking login screens and phishing email

Shanghai Commercial Bank Limited

Fraudulent website and internet banking login screen

OCBC Bank (Hong Kong) Limited

Fraudulent website and internet banking login screen

Chong Hing Bank Limited

Fraudulent website and internet banking login screen

Chiyu Banking Corporation Limited

Fraudulent websites and internet banking login screens

The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks' websites to carry out transactions. They will not ask customers for sensitive information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).

Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the scams concerned, should contact the relevant bank with the information provided in the corresponding press release, and report the matter to the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012.

Source: AI-found images