Events listed in Mandatory Provident Fund Schemes Ordinance
MPFA publishes Annual Report 2022-23
ID 24476
The Mandatory Provident Fund Schemes Authority (MPFA) has issued a press release announcing the publication of its annual report for 2022-23. Therein, the Authority outlines its regulatory efforts, supervisory focus, and enforcement actions during the past year. The report also presents statistical data on diverse issues, such as the number of licenses held by Mandatory Provident Fund Scheme (MPF) trustees and intermediaries at financial ...
Guidance Note on Conducting Sales by Unsolicited Calls
ID 23521
The Mandatory Provident Fund Schemes Authority (MPFA) has issued another Circular (SU/CCO/2023/002) in relation to firms and individuals engaged in the distribution of Mandatory Provident Fund (MPF) shares, thereby utilizing telemarketing. The circular includes a so-called „Guidance Note on Conducting Sales by Unsolicited Calls“ which stipulates some basic requirements for intermediaries to comply with when making unsolicited calls (by the client unauthorized call ...
MPFA shares MPF management tips in an online programme
ID 23308
The Mandatory Provident Fund Schemes Authority, MPFA, has published a press statement to inform of a recent interview conducted by the Hong Kong Economic Times‘ YouTube channel program called „退休積滿Fund. The interview was made with Mr. Eddy Chan, the General Manager (External Affairs) of the MPFA. In the interview, Mr. Chan provided tips on managing and investing in MPF and introduced various digital tools ...
Review of the Implementation of Governance Principles by MPF Trustees
ID 21611
The Mandatory Provident Fund Schemes Authority (MPFA) has issued a circular addressed at trustees of mandatory provident fund schemes (MPFs) to present the findings from a recent review of trustees‘ governance principles and practices. Specifically, in 2018, the MPFA issued a general set of principles that stipulate core governance obligations of MPF trustees in terms of Board composition and oversight, monitoring of MPF valuations, ...