Corporate Governance

Discipline Committee

The Discipline Committee advises the Board on matters concerning the disciplinary functions.

The Discipline Committee shall:

  • provide comments and observations on the recommendation reports of the Discipline Department in relation to disciplinary cases; and
  • oversee the overall performance of the Discipline Department on an annual basis.
Mr Stephen Hung, MH
Chairman

Mr Hung is a Past President of the Law Society of Hong Kong.  He is currently the Chairman of the Law Society’s Legal Education Committee and Criminal Law and Procedure Committee.

In his own capacity, Mr. Hung serves as the Chairman on the Board of Review (Film Censorship), and the Vice Chairman of Professional Services Advancement Support Scheme Vetting Committee. He is also the Convenor of Disciplinary Tribunal of the Financial Dispute Resolution Centre, and a member of Law Reform Commission, Duty Lawyer Service Council, the Standing Committee on Judicial Salaries and Conditions of Service, and the Securities and Futures Appeals Tribunal.

Mr. Hung is an Adjunct Professor of Law of the Hong Kong Shue Yan University and the Law School of Beijing Normal University.  He is also a Visiting Professor of the Faculty of International Law of China University of Political Science and Law in Beijing, China and a part-time tutor in the Faculty of Law of University of Hong Kong.

Mr Roger Best, MH, JP
Vice-Chairman

Mr Best was a partner of Deloitte Touche Tohmatsu and is a former President of the Hong Kong Institute of Certified Public Accountants. He has chaired the Hong Kong Institute of Certified Public Accountants Financial Reporting Standards Committee and has also been a member of the Standing Committee on Company Law Reform, the Stock Exchange Listing Committee, the Securities and Futures Appeals Tribunal, the Quality Assurance Council of the University Grants Committee, the Hong Kong Council for the Accreditation of Academic and Vocational Qualifications and the IFRS Advisory Council.

Mr Johnny Chan
Member

Johnny is the Chairman of the Global Venture Capital Congress (GVCC). GVCC serves as a collective global voice for the industry and to foster cooperation among Venture Capital and Private Equity Associations worldwide. He is concurrently the President of the Hong Kong Venture Capital and Private Equity Association (Chairman 2007-2011).

 

He acts as the Chief Investment Officer of Hong Kong Cyberport Management Company. He is also the founder and CIO of Softech Investment Management Limited. He is a Member of the Exchange Fund Advisory Committee of the Hong Kong Monetary Authority and serves on the Investment Sub Committee and Governance Sub Committee, a member of the Market Misconduct Tribunal and a Panel Member of the Securities and Futures Appeals Tribunal. 

 

Mr. Chan is an Independent Non-Executive Director of a number of companies listed on HKEx and NASDAQ, and of the HSBC Provident Fund Trustee (Hong Kong) Limited (Chairman of the Investment Committee) and Quantinuum K.K., Japan. 

 

He was Deputy Chairman of the Listing Committee of the Stock Exchange of Hong Kong between 2020-2024. He co-founded Techpacific Capital in 1999 which acquired and re-established Crosby Capital as an independent financial holding company in 2002.

 

He obtained a BA Hons in Economics from the London Metropolitan University, an MBA from Bayes Business School, City, University of London and a Postgraduate Diploma from FINSIA, Australia.

Ms Cindi Hui, MH
Member

Ms Hui is a Partner of Iu, Lai & Li Solicitors and Notaries. She specializes in corporate finance and commercial matters, with a focus on listed companies, and also maintains a practice in wealth planning and family trust law.

 

She serves as a member of several public bodies, including the Independent Police Complaints Council, the Corruption Prevention Advisory Committee of the Independent Commission Against Corruption (ICAC), Sham Shui Po District Fight Crime Committee and the Insurance Appeal Tribunal.

Mr Peter Kan
Member

Mr Kan is a seasoned professional with a distinguished career in audit and financial services. After graduating from the University of Birmingham in the UK, he joined KPMG Birmingham in 1988. In 1992, he transferred to KPMG Hong Kong, where he was admitted to the partnership in 2001. Prior to his retirement in June 2014, Peter served as an audit partner in the Beijing office of KPMG China, bringing extensive expertise in delivering audit services for both PRC and international companies.

Ms Janey Lai
Member

Ms Lai is the Chief Executive Officer (CEO) and Executive Director of the AFRC since April 2024. Ms Lai joined the AFRC in August 2022 as the Head of Inspection and took on the additional role of Acting CEO in October 2023. With decades of experience in Chinese Mainland and Hong Kong, her background includes auditing, talent development and business transformation. Ms Lai has extensive knowledge of regulatory frameworks and cross-border compliance. Before joining the AFRC, Ms Lai was a Partner of two leading international accounting firms for over 17 years. She has a Bachelor of Economics from the University of Sydney and is a fellow member of the Hong Kong Institute of Certified Public Accountants and CPA Australia.

Mr Charles Lip
Member

Mr Lip is a seasoned executive with over four decades of leadership experience in accounting, auditing, and corporate governance. Appointed as an Independent Non-Executive Director of BOC Hong Kong (Holdings) Limited and Bank of China (Hong Kong) Limited in June 2023, he chairs the Audit Committee and contributes to the Risk, Strategy and Budget, and Sustainability Committees, playing a vital role in shaping governance and strategic direction.

During his illustrious career at Deloitte China, Mr Lip held senior leadership roles, including Audit Managing Partner, Chief Quality and Ethics Officer, and Reputation and Risk Managing Partner. His tenure on Deloitte’s Management Committee saw him leading initiatives in risk management, operational excellence, and ethical leadership—establishing him as a trusted authority in the profession.

Mr Lip is a fellow member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants. He is widely recognized for his expertise in corporate governance, risk management, and sustainability, making him a sought-after voice in professional forums.

Dr James C Lin
Member

Dr Lin is a Senior Partner of Davis Polk & Wardwell. His practice focuses on corporate finance and mergers and acquisitions.

 

He serves as Director of the Hong Kong Investment Corporation and is a member of the Exchange Fund Advisory Committee at the Hong Kong Monetary Authority.

 

Dr Lin holds an A.B. degree from Harvard University, J.D. degree from Harvard Law School and D.Phil. degree from Oxford University.