The Honourable Laura M. CHA, SBS, JP,
Chairman, Advisory Committee on Corruption,
Independent Commission Against Corruption,
Hong Kong Special Administrative Region
  • Recently, the financial tsunami has become the focus of the world. Whether you are a business leader, an investor, a member of the media or the general public, we are all talking about the huge impacts of the financial tsunami. As remarked by the ICAC Commissioner Dr Timothy TONG this morning, the true alarming siren of the financial tsunami is the exposure of different corporate governance problems. Business leaders like you can seize the opportunity to review and strengthen your companies' corporate governance as well as risk management frameworks, and to take measures to cultivate an ethical corporate culture to weather this storm.

  • In addition, the recent spate of corporate failures also trigger us to think more about corporate leadership, including the personal ethical standard of company directors and their professional advisors. The interests of shareholders and investors depend on the ability of the company directors and their professional advisors to practise ethical governance in running their boards and companies.


  • Therefore, this panel discussion session provides a timely platform for us to exchange views on the subject matter. The experts here all come from the local and mainland regulatory bodies. They will share with you, from different perspectives, the impacts of the financial tsunami and the measures of their organisations. We will also further explore the corporate governance challenges that board members of listed companies may face as well as how to strengthen the monitoring system and our personal integrity to deal with these crises.


  • The speakers will share their expertise with us in the following order:
  Mr Paul CHOW Man-yiu, Chief Executive, Hong Kong Exchanges and Clearing Limited;

 
  Mr Martin WHEATLEY, JP, Chief Executive Officer, Securities and Futures Commission;

 
  Mr Y. K. CHOI, JP, Deputy Chief Executive, Hong Kong Monetary Authority;

  
  Mr OUYANG Jiansheng, Director, Supervisory Bureau, China Securities Regulatory Commission; and

 
  Mr Daniel LI Ming-chak, IDS, Deputy Commissioner and Head of Operations, Independent Commission Against Corruption, Hong Kong Special Administrative Region.