Process Review Panel



The PRP was established on 1 November 2008 to review cases handled by the FRC with a view to ensuring that the FRC deals with individual cases in a fair and consistent manner, and actions taken and decisions made adhere to internal procedures and guidelines. The establishment of and appointment to the PRP were approved by the Chief Executive of the HKSAR.

Ms Edith Shih Chairperson

Ms Edith Shih, BSE, MA, MA, EdM, Solicitor, FCG (CS, CGP) FCS (CS, CGP) (PE) is Executive Director and Company Secretary of CK Hutchison Holdings Limited, a Fortune 500 company listed on the Stock Exchange of Hong Kong.  She was previously the Head Group General Counsel of Hutchison Whampoa Limited (which merged with CK Hutchison in 2015) from 1993-2015 and its company secretary since 1997.  She has over 35 years of experience in the legal, regulatory, corporate finance, compliance and corporate governance fields and is qualified to practice law in England and Wales, Hong Kong and Victoria, Australia. 

 

Ms SHIH is the Immediate Past International President and Member of the Executive Committee of The Chartered Governance Institute (CGI).  She is Past President and current Chairman of the Nomination Committee of The Hong Kong Institute of Chartered Secretaries and its CGI/HKICS Name Working Group.

 

Further, Ms SHIH is the Chairman of the Governance Committee and a Member of the Independent Working Group for President and Vice-President Election of The Hong Kong Institute of Certified Public Accountants (HKICPA), a Member of the Council, the Human Resources Committee and the Finance Committee of The Hong Kong University of Science and Technology and a Trustee of Teacher's College, Columbia University, New York.  In addition, she is a Council Member, Chairman of the Investment Committee and Vice-Chairman of the Finance Committee of the Hong Kong Council for Accreditation of Academic and Vocational Qualifications, a Member of The Securities and Futures Appeals Tribunal, the Professional Services Advancement Support Scheme Vetting Committee and the Executive Committee and Council of Hong Kong Management Association.

 

Ms SHIH was a Member of the Standing Committee on Company Law Reform, the Listing Committee of the Stock Exchange of Hong Kong and Council of HKICPA.​

Mr Patrick Law Fu-yuen Member

​​​​Mr LAW is the Deputy Assurance Leader of Ernst & Young Hong Kong and Macau.  He has over 25 years of practical experience in assurance and business advisory services, including assisting clients to seek listings in Hong Kong.  Mr LAW is an incumbent member of the Competition Commission and the Process Review Panel for the Insurance Authority.  He was the President of the Hong Kong Institute of Certified Public Accountants in 2019.​

Mr Andrew Mak Yip-shing Member

​Mr MAK is a barrister-at-law and practises as an advocate and arbitrator in international and commercial disputes, and property law.  He is an incumbent member of the Public Service Commission and the Insurance Appeals Tribunal panel.  He has previously served on various Government boards and committees, including the Financial Reporting Review Panel as the Convenor cum Member and the Council of the Hong Kong Institute of Certified Public Accountants as a lay member.​

Mr Frederick Tsang Sui-cheong Member

​Mr TSANG is the Chief Risk Officer of Everbright Limited and a Non-Executive Director of Kinergy Corporation Ltd.  He is a Chartered Financial Analyst and was the President of the Hong Kong Society of Financial Analysts.  He is an incumbent member of the Process Review Panel for the Securities and Futures Commission and was previously a member of the Securities and Futures Appeals Tribunal and the Securities and Futures Commission Advisory Committee.​

Mr Tse Kam-keung Member

Mr TSE Kam-keung is the Chief Executive Officer of Tradelink Electronic Commerce Ltd after serving on its Board for two years.

 

Before joining the Company, Mr TSE had worked mostly in the financial industry covering the Asia Pacific region.  He began at State Street in 1993 to develop and lead its investment servicing business in the region and completed his career there as an advisor till early 2015.  Before State Street, he had worked for Standard Chartered, Ogilvy & Mather, Baring Securities and the Hong Kong Government.

 

Mr TSE has served on many outside committees and boards.  Apart from the Process Review Panel of the Financial Reporting Council, he also sits on the Hang Seng Index Advisory Committee, and the governing bodies of the Pan Asian e-Commerce Alliance, New Life Psychiatric Rehabilitation, the Global Legal Entity Identifier Foundation, and Lee Woo Sing College of the Chinese University of Hong Kong.​


Professor Anna Wong Wai-kwan Member

​Professor WONG is a Professor of Practice in Finance at the Business School of the University of Hong Kong.  She is the Programme Director for the Bachelor of Finance in Asset Management and Private Banking and an Adjunct Professor at the Law Faculty of the University of Hong Kong.  She is an incumbent Non-Executive Director of the Insurance Authority and a member of the Competition Commission.  She has previously served on various Government boards and committees, including the Financial Reporting Council as a temporary member, and the Financial Reporting Review Panel and the Securities and Futures Commission Advisory Committee as a member.​

Mr Yu Chung-leung Member

​Mr YU is a partner of Lee & Yu Certified Public Accountants.  He has more than 28 years of experience in engagements of a wide range of Hong Kong based companies, from small local entrepreneurial organisations to large international group and manufacturing companies, as well as companies listed on the Hong Kong and Overseas Stock Exchange.  He is an incumbent member of the Yuen Long District Fight Crime Committee and has previously served on the Panel of Film Censorship Advisers and Public Affairs Forum as a member.​

Dr Kelvin Wong, JP (ex-officio) Member Dr Wong is the Chairman of Financial Reporting Council and a member of Operations Review Committee of Independent Commission Against Corruption. 

He is an Executive Director, a Deputy Managing Director and the Chairman of Corporate Governance Committee of COSCO SHIPPING Ports Limited. He is also an Independent Non-executive Director of six listed companies in Hong Kong. 

He was a Non-executive Director of Securities and Futures Commission (2012-2018), the Chairman of Investor and Financial Education Council (2017-2018), the Chairman of The Hong Kong Institute of Directors (2009-2014), a member of Financial Reporting Council (2015-2018), a convenor-cum-member of Financial Reporting Review Panel (2013-2016), a member of Standing Committee on Company Law Reform (2010-2016), a member of Main Board and GEM Listing Committees of The Stock Exchange of Hong Kong Limited (2007-2013) and a member of Auditing and Assurance Standards Committee of the Hong Kong Institute of Certified Public Accountants (2006-2008). 

Dr Wong holds a Master of Business Administration degree from Andrews University in Michigan, USA, and a Doctor of Business Administration degree from The Hong Kong Polytechnic University.
Ms Beverly Yan (representative of the Secretary for Justice) (ex-officio) Member