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Board Leadership: Looking Ahead, The Hong Kong Institute Of Directors Speaker Luncheon Meeting, Mr Tim Lui, Chairman Hong Kong Securities And Futures Commission, 10 June 2019

Date 10/06/2019

Good afternoon. First, I want to thank you for inviting me to speak to you today. The Hong Kong Institute of Directors has long played an important role in promoting good corporate governance in Hong Kong, and I am sure you will keep up this tradition. 

Many of you know that I took up the chairmanship of the Securities and Futures Commission (SFC) in October last year. So far, what I can say is that it has been challenging. The markets are increasingly complex and there is a lot happening in the world today. But the SFC’s work is also deeply meaningful. It aims at one overarching goal, which is to maintain Hong Kong’s competitiveness. Under the law, our key objectives include investor protection and ensuring fair and orderly markets. Without these, Hong Kong cannot compete as an international financial centre. 

All of you here have a key role to play in this too. So I would like to take this opportunity today to give you an update on some of the things the SFC is doing that company directors need to know about.

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