Committees,Board and Panels>The Audit Investigation Board
 
 
Members of the Audit Investigation Board (the “AIB”)
Chairman
Mr. M.T. Shum, Chief Executive Officer of the FRC
Members
Ms. Clara Yu
Ms. Joyce Woo
Miss Anna Lau
 
Appointment of members

The Chief Executive Officer of the FRC is the ex-officio member and chairman of the AIB.

Other members of the AIB are appointed by the FRC under section 22 of the Financial Reporting Council Ordinance (the “FRC Ordinance”)
 
Function

When the FRC decides to initiate an investigation into auditing or reporting irregularities, it may, under section 23 of the FRC Ordinance, direct the AIB to conduct the investigation.
 
Powers
The AIB may, with the powers vested in it under sections 25, 26, 27 and 28 of the FRC Ordinance, as appropriate, require relevant persons to produce records and documents, supply information and provide explanation for the purpose of the investigation.
 
Page last updated: 6 February 2008