Financial Reporting Review Panel



Members of the FRRP are appointed by the Financial Secretary under the delegated authority of the Chief Executive of the Government of the Hong Kong Special Administrative Region.

The Financial Reporting Review Committee (FRRC)
When the Financial Reporting Council (FRC) decides to conduct an enquiry into a non-compliance with financial reporting requirements on the part of a listed entity, it may appoint a FRRC consisting of a Panel Convenor as the Chairman and at least four other members of the FRRP to conduct the enquiry. The FRRC may, with the powers vested in it under section 43 of the Financial Reporting Council Ordinance, require relevant persons to produce records and documents and provide information and explanation for the purpose of the enquiries.

Mr Ian Farrar Panel Convenor From 2013-07-16
Current appointment expires on 2022-07-15
Mr Farrar is an Accounting Advisory Services partner in PwC Hong Kong, where he has spent the last 19 years. He leads the financial instruments team for PwC Mainland China and Hong Kong and chairs PwC's global Corporate Treasury Technical Committee. He also represents Hong Kong on PwC's global Insurance Industry Accounting Group.
Mr Mark Johnson Panel Convenor From 2018-07-16
Current appointment expires on 2021-07-15
Mr Johnson is a partner in the Hong Kong office of Debevoise & Plimption and has been practising law in Hong Kong since 1987. His practice focuses on white collar/ regulatory defence matters, cybersecurity matters and commercial litigation in Hong Kong and across Asia.
Dr PM Kam, BBS Panel Convenor From 2016-07-16
Current appointment expires on 2022-07-15
Dr Kam is a certified public accountant. He is a former CEO of the Financial Reporting Council. Prior to joining the Financial Reporting Council, he was the group Financial Controller of Jardine Matheson Limited.
Mr Carmelo Lee, JP Panel Convenor From 2016-07-16
Current appointment expires on 2022-07-15
Mr Lee is a Partner of Woo Kwan Lee & Lo, Solicitors and Notaries. He is a Chairman of the Listing Review Committee of The Stock Exchange of Hong Kong Limited. He is Non-executive directors of 6 listed companies, Chairman of the Appeal Tribunal Panel constituted under the Buildings Ordinance and a Member of the InnoHK Steering Committee.
Mr Paul Shieh, SC Panel Convenor From 2013-07-16
Current appointment expires on 2021-07-15
Mr Shieh is a practising Senior Counsel.
Mr Tang Kwai Chang Panel Convenor From 2018-07-16
Current appointment expires on 2021-07-15
Mr Tang was an audit Partner with Deloitte China with different roles and responsibilities including governance role in its Board, management of the audit practice as well as risk management within the audit practice. He is currently an independent non-executive director of a licensed bank and three companies listed in Hong Kong. He is also a member of the Disciplinary Panels of the HKICPA.
Ms Priscilla Wong, BBS, JP Panel Convenor From 2013-07-16
Current appointment expires on 2021-07-15
Ms Wong is the Chairman of the Employees Compensation Assistance Fund Board. She is a member of the Court of the University of Hong Kong. She is also a member of the Hospital Authority, the Joint Committee on Student Finance, the Witness Protection Review Board Panel and the Hong Kong Bar Association Overseas Admissions Committee.
Mr Wong Kim Man Panel Convenor From 2013-07-16
Current appointment expires on 2022-07-15
Mr Wong is the Chief Financial Officer of HK Electric Investments. He is a member of the Hong Kong Institute of Certified Public Accountants and the American Institute of Certified Public Accountants.
Mrs Betty Yuen, JP Panel Convenor From 2018-07-16
Current appointment expires on 2021-07-15
Mrs Yuen is a qualified Canadian Chartered Accountant. She was appointed as the Vice Chairman of CLP Power Hong Kong Limited in 2010. In 2004, Mrs Yuen was the first Hong Kong person to be named the "Business Woman of the Year" in the internationally acclaimed Veuve Clicquot Award. She was a member of the Election Committee for the election of the Chief Executive of Hong Kong in 2007, 2012 and 2017.
Mr Abraham Chan, SC Member From 2018-07-16
Current appointment expires on 2021-07-15
Mr Chan is a barrister in private practice with a focus on commercial, administrative and constitutional law litigation.
Mr Edmund Chan Member From 2015-07-16
Current appointment expires on 2021-07-15
Mr Chan has over 30 years’ experience in auditing and assurance services and is currently in charge of the Audit & Assurance Division of his firm. Prior to joining his existing firm in 1995, he had spent seven years with a major international CPA firm in Hong Kong. He has been serving a wide range of clients including manufacturing and trading companies, retailing businesses, servicing companies, listed companies (both local and overseas) and multi-national companies.
Prof Cheng Cheng Shing Member From 2015-07-16
Current appointment expires on 2021-07-15
Prof Cheng is Head and Chair Professor of Accounting of the School of Accounting and Finance at The Hong Kong Polytechnic University. She received her PhD in Accountancy from the University of Illinois at Urbana-Champaign and taught at the University of Houston and Louisiana State University. She was a visiting scholar to the U.S. Securities and Exchange Commission from 2004-2005; the President of Chinese Accounting Professors’ Association of North America from 1994 to 1995; and was the first Asian female Vice President-International of American Accounting Association from 1999 to 2001.
Mr Hamilton Cheng Member From 2019-07-16
Current appointment expires on 2022-07-15
Mr Cheng is a Fellow member of the Hong Kong Institute of Certified Public Accountants (HKICPA) and Association of Chartered Certified Accountants (ACCA), and a Chartered Financial Analyst. He serves as an executive director and a joint company secretary of Chow Tai Fook Jewellery Group Limited. He currently leads the financial management, investor relations, IT and data governance of the group, committing to the advancement of good corporate governance. Before joining Chow Tai Fook, Mr Cheng was in the Audit Department with Ernst & Young, conducting audit, financial due diligence work and IPO projects.
Prof Peter Cheng Member From 2013-07-16
Current appointment expires on 2020-07-15
Prof Cheng was the Dean of the Faculty of Management and Hospitality at the Technological and Higher Education Institute of Hong Kong before his retirement in 2018. He had served as Acting Head and Associate Head of the School of Accounting and Finance at the Hong Kong Polytechnic University and had taught at the Chinese University of Hong Kong, Purdue University, the University of Chicago, the University of British Columbia and the University of Texas at Austin. Prof Cheng graduated with a PhD and BA from Michigan State University.
Ms Yvonne Cheng, SC Member From 2015-07-16
Current appointment expires on 2021-07-15
Ms Cheng is a barrister in private practice. She advises on and acts in a broad range of areas of commercial and civil law, including general commercial litigation, property law, tax law, professional negligence, employment law, and judicial review.
Mr Jeckle Chiu Member From 2015-07-16
Current appointment expires on 2021-07-15
Mr Chiu is a partner of the law firm Mayer Brown JSM. He specialises in representing corporations and investment banks in both Hong Kong and the PRC on the full array of corporate finance transactions, mergers and acquisitions, joint ventures and private equity transactions and transactions under the governance of the Hong Kong listing rules and the takeovers code. Mr Chiu is also a Director of Hong Kong Dance Company.
Mr Louis Chow Member From 2018-07-16
Current appointment expires on 2021-07-15
Mr Chow is the Head of Risk and Compliance of a securities company with over 25 years of regulatory and compliance experience. He is a fellow member of the Hong Kong Institute of Certified Public Accountants, a member of the American Association of Certified Fraud Examiners and a member of the Resolvability Review Tribunal.
Ms Candy Fong Member From 2019-07-16
Current appointment expires on 2022-07-15
Ms Fong is a Partner of Foremost Advisers Limited. She was a national technical partner and audit partner of Deloitte China from May 2012 to September 2016. She is a member of the Financial Reporting Standard Committee of the Hong Kong Institute of Certified Public Accountants.
Mr Tommy Fung Member From 2015-07-16
Current appointment expires on 2021-07-15
Mr Fung is a partner of Ernst & Young and Ernst & Young’s Asia Pacific International Financial Reporting Standards (IFRS) leader. He has 30 years’ experience in the accountancy profession and with regulators, and participated in the convergence and adoption of the IFRS and the International Standards in Auditing in Mainland China and Hong Kong. He previously served as an accounting advisor to the China Securities Regulatory Commission and a member of the Financial Reporting Advisory Panel of The Stock Exchange of Hong Kong Limited.
Ms Joan Ho Member From 2015-07-16
Current appointment expires on 2021-07-15
Ms Ho is a certified public accountant and was a partner of KPMG China with over 25 years of audit and advisory experience, specialising in financial services sector. She is currently an Independent Non-executive Director of Taikang Insurance Group, HSBC Qianhai Securities and China Merchants Fund Management; and continues to sit on a number of committees of government organisations.
Mr Carlyon Knight-Evans Member From 2016-07-16
Current appointment expires on 2022-07-15
Mr Knight-Evans is an Assurance Partner at PwC Hong Kong. He has more than 25 years of experience serving clients, predominantly in the financial services industry. The first 11 years were spent in the UK and he has been based in Hong Kong since 2001.
Ms Kelly Kong Member From 2015-07-16
Current appointment expires on 2021-07-15
Ms Kong is the Group Financial Controller of Jardine Matheson Limited. She is also a member of the Hong Kong Institute of Certified Public Accountants and the committee member of the Financial Reporting Standards Committee of the Hong Kong Institute of Certified Public Accountants.
Mr Byron Khoo Member From 2019-07-16
Current appointment expires on 2022-07-15
Mr Khoo is a US Capital Markets Partner at EY. He has over 20 yars of experience in cross-border capital markets transactions and initial public offerings in the US. He is also EY’s Asia Pacific Area Deputy International Financial Reporting Standards (IFRS) Leader and has extensive experience in the application of IFRS and USGAAP in the Asia Pacific region.
Mr Kenneth Lau Member From 2019-07-16
Current appointment expires on 2022-07-15
Mr Lau is a partner of Crowe (HK) CPA Limited. He is a current member of Small and Medium Practitioners Committee of the Hong Kong Institute of Certified Public Accountants (“HKICPA”) and the council member and honorary secretary of The Society of Chinese Accountants and Auditors.
Mr Leo Lee Member From 2018-07-16
Current appointment expires on 2021-07-15
Mr Lee is a fellow member of Association of Chartered Certified Accountants and the Hong Kong Institute of Certified Public Accountants. He was Director of Finance and Administration of the Securities and Futures Commission (2004 - 2014). He currently serves as a Director and Managing Partner of Benington Capital Ltd.
Mr Ernest Lee Member From 2018-07-16
Current appointment expires on 2021-07-15
Mr Lee is a Technical Partner of Deloitte China and has over 25 years of experience in auditing and providing accounting technical advice in a wide range of industries. He is the Chairman of the Financial Reporting Standards Committee of the Hong Kong Institute of Certified Public Accountants (HKICPA). For a number of years, he provided technical support to the HKICPA’s Professional Standards Monitoring Panel, and served as a technical reviewer for the Risk-Based Financial Statements Review Programme of the Financial Reporting Council. He is also a Council Member and the Treasurer of the Hong Kong Institute of Chartered Secretaries (HKICS), and served as the Chairman of the HKICS’s Audit Committee. He is a member of the Official Receiver's Office Services Advisory Committee.
Dr Lee Yin-toa Member From 2016-07-16
Current appointment expires on 2022-07-15
Dr Lee is a US Capital Markets Partner at EY based in Hong Kong and is experienced in capital markets and accounting advisory across industry sectors based in Hong Kong, Beijing, Tokyo and Boston. He currently supports clients with their US IPO and periodic filings pursuant to US GAAP, PCAOB and SEC reporting requirements. He is a Treasurer of the Hong Kong Society of Financial Analysts and departmental advisory committee member of the City University of Hong Kong. He has a doctorate degree in Business Administration and is a CFA and FRM.
Mr William Lo Member From 2019-07-16
Current appointment expires on 2022-07-15
Mr Lo is the Executive Director, Finance, of the Airport Authority Hong Kong. He is an accountant by training and is a fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), the Hong Kong Institute of Certified Public Accountants (HKICPA), the Taxation Institute of Hong Kong and the Hong Kong Institute of Directors (HKIoD). He also holds an MBA degree from Warwick University, UK. Mr Lo is a member of the Hong Kong Chapter Committee of the ICAEW, a member of the Governance Committee of the HKICPA, a member of the Finance Committee of the Scout Association of Hong Kong, a Council Member and Deputy Chairman of the HKIoD, and member of the Executive Committee and one of the Vice Presidents of Hong Kong Professionals & Senior Executives Association. In June 2016, Mr Lo was appointed as an Accounting Advisory Expert by the Ministry of Finance of The People's Republic of China and re-appointed in July 2019.
Ms Fanny Lung Member From 2018-07-16
Current appointment expires on 2021-07-15
Ms Lung is the Finance Director of Swire Properties Limited, and is responsible for managing the financial interest of the company. Prior to joining Swire Properties Limited, she was Group Director of Finance at the Hong Kong Aircraft Engineering Company Limited. She joined Swire Group in 1992 and was previously Finance Director of Swire Pacific Offshore Holdings Limited, a wholly owned subsidiary of Swire Pacific Limited.
Mr Bernard Mak Member From 2015-07-16
Current appointment expires on 2021-07-15
Mr Mak was called to the HK Bar in 1993. His main areas of practice are commercial disputes, financial services, market misconducts, regulatory compliance and disciplinary matters. He had served the Appeal Panel (Housing) and the Inland Revenue Board of Review. He is also a Chairman of the Buildings Appeal Tribunal; and member of the Criminal and Law Enforcement Injuries Compensation Board.
Prof Mo Lai-lan Member From 2019-07-16
Current appointment expires on 2022-07-15
Prof Mo is a professor of Accountancy at the City University of Hong Kong. Previously, she served as Professor and Head of the Department of Accountancy at Lingnan University. She was a member of the Auditing and Assurance Standards Committee of the Hong Kong Institute of Certified Public Accountants. Currently, she is a member of the Board of Review (Inland Revenue Ordinance, Hong Kong) and a specialist of Hong Kong Council for Accreditation of Academic and Vocational Qualifications (HKCAAVQ).
Mr Christopher Morley Member From 2018-07-16
Current appointment expires on 2021-07-15
Mr Morley is a criminal defence lawyer in private practice.
Mr Kenneth Morrison Member From 2019-07-16
Current appointment expires on 2022-07-15
Mr Morrison graduated in Law from Edinburgh University and then qualified as a Certified Accountant (Scotland). He is also a CPA (Hong Kong) and is a senior advisor of international accounting/business advisory firm Mazars in Hong Kong. He has served on several Hong Kong Institute of Certified Public Accountants committees including Accounting Standards, Practice Review and Ethics. He has also served as an Honorary Advisor of the Financial Reporting Council and serves in several non-profit organisations.
Ms Agnes Nardi Member From 2015-07-16
Current appointment expires on 2021-07-15
Ms Nardi is a member of the Hong Kong Institute of Certified Public Accountants, Institute of Chartered Accountants in England and Wales, and CPA Australia. She has worked in senior positions in IT, telecommunications, finance and environmental industries. Ms Nardi currently serves as a member of Transport Advisory Committee and Hong Kong Council for Testing and Certification of the HKSAR Government. She was also a former Board member of Hong Kong Applied Science and Technology Research Institute Company Limited.
Mr Simon John Riley Member From 2019-07-16
Current appointment expires on 2022-07-15
Mr Riley is the Director and Head of Financial Reporting Advisory Services of BDO Limited. He was previously Director of Standard Setting of the Hong Kong Institute of Certified Public Accountants (HKICPA).
Mr Patrick Antonio Rozario Member From 2019-07-16
Current appointment expires on 2022-07-15
Mr Rozario has over 25 years’ experience working for large international accounting firms and in the commercial sector. He has substantial experience working in the area of governance and risk advisory. He managed various internal audits, corporate governance, Sarbanes-Oxley, internal control and information technology advisory and assurance engagements for clients across different industries including banking, insurance, telecommunication and government in Hong Kong and China.
Ms Shelley So Member From 2019-07-16
Current appointment expires on 2022-07-15
Ms So is an IFRS technical partner with PwC. She was seconded to the global technical team in the London office of PwC and IASB from 2005 to 2009. Before that, she had worked in Beijing for 10 years, leading audit engagements focusing on the listing of Chinese state-owned enterprises in the US, UK and Hong Kong. She is a member of the Hong Kong Institute of Certified Public Accountants (HKICPA) and was the ex-chairman of its Financial Reporting Standards Committee (2016 – 2018). She has degrees in Accounting and Law.
Mr Gary Stevenson Member From 2019-07-16
Current appointment expires on 2022-07-15
Mr Stevenson is a partner in the Technical Department of RSM Hong Kong and advises the firm’s audit and assurance practice on professional standards requirements. He is also a member of the Financial Reporting Standards Committee of the Hong Kong Institute of Certified Public Accountants (HKICPA). Before joining RSM Hong Kong, Mr Stevenson accumulated 15 years' experience in the technical departments of international accounting firms. He has extensive experience in the application of Hong Kong Financial Reporting Standards and International Financial Reporting Standards by listing companies in Hong Kong, Singapore and the United Kingdom.
Mr Eric Tang Member From 2018-07-16
Current appointment expires on 2021-07-15
Mr Tang is a partner with Deloitte Touche Tohmatsu and has over 30 years of audit experience. He is currently National Leader of Audit Learning, National Audit Risk Leader and Practice Protection Director. He is responsible for establishing reputational and risk management procedures of audit practice. He is a fellow member of the HKICPA and ACCA, and a member of the CICPA and AICPA.
Mr Hamilton Tang Member From 2015-07-16
Current appointment expires on 2021-07-15
Mr Tang is a Managing Director of CDIB Capital International. Prior to this, he was Group Chief Executive Officer of Simon Murray & Company. His background also includes being co-CEO of a regional entertainment company and serving as a Vice President at Morgan Stanley in investment banking in New York and Hong Kong. Mr Tang received his JD-MBA from Harvard Business School in 1990 / 1991 and his undergraduate degree from Harvard College in 1985.
Jim Tang Member From 2019-07-16
Current appointment expires on 2022-07-15
Mr Tang specialises in supporting KPMG China’s Department of Professional Practice and its clients on a wide range of IFRS/HKFRS financial reporting issues. He is a member of the Financial Reporting Standards Committee of the Hong Kong Institute of Certified Public Accountants (HKICPA). He also serves on two advisory panels of the HKICPA on matters involving business combinations and Mainland Chinese standards.
Ms Teo Chew Ping Member From 2013-07-16
Current appointment expires on 2020-07-15
Ms Teo has more than 20 years of experience in providing assurance and financial advisory services. She is currently a specialist in International Financial Reporting Standards (IFRS Standards) within Deloitte China and participates in Deloitte Global IFRS Standards network, which discusses and resolves IFRS Standards related issues raised by Deloitte's offices globally. She is an experienced speaker and conducts trainings and public seminars regularly on IFRS Standards related topics.
Mr Tsui Hon Man Member From 2015-07-16
Current appointment expires on 2021-07-15
Mr Tsui is a Director at Crowe (HK) CPA Limited and acts as the leader of its technical consultation team. He is a chartered accountant, a chartered secretary and a chartered financial analyst. He was a member of the Practice Review Committee of the Hong Kong Institute of Certified Public Accountants.
Ms Wendy Yuen Member From 2015-07-16
Current appointment expires on 2021-07-15
Ms Yuen is the Head of Business Banking of Hang Seng Bank Ltd. She has been working in the banking industry for over 20 years. In her previous job roles, she has covered a wide range of duties under Commercial Banking including overseas branches (Macau branch and Taiwan Representative office). She has also taken up roles overseeing market research, investment advisory, derivatives products structuring & development, broking business, funds and asset management, retail banking and branch operations, etc. She is currently serving as a member of the Board of Review (Inland Revenue Ordinance), panel member of the Administrative Appeals Board, member of the Customs and Excise Service Children’s Education Trust Fund Investment Advisory Board, member of the Occupational Safety and Health Council and panel member of the Securities and Futures Appeals Tribunal. She is the Vice-Chairman of New Territories General Chamber of Commerce and sub-committee member of the Hong Kong Investment Funds Association. She is also a member of the Chinese People’s Political Consultative Conference - Liaoning Province, Shenyang.
Prof Zhang Guochang Member From 2015-07-16
Current appointment expires on 2021-07-15
Prof Zhang is a professor of Accounting of the University of Hong Kong. He received his Bachelor’s degree (Engineering) from Shanghai Jiaotong University, an MSc (Accounting) and a PhD (Finance) from the University of British Columbia. He teaches management accounting, equity valuation, and accounting research. His research interests include accounting-based valuation, economic consequences of corporate disclosure, and the role of information intermediaries in capital markets. He has published papers in top journals in accounting and management.