HONG KONG INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
Committee Membership Details for the Year 2020
Restructuring and Insolvency Faculty Executive Committee

No. Committee Member Title  
1. Mr. KAN, Lap Kee, Terry Chairman Attendance record
2. Mr. YEO, Boon Ann Deputy Chairman Attendance record
3. Mr. Alan AU Member Attendance record
4. Mr. BENNETT, David James Member Attendance record
5. Mr. CHAN, Kam Man Member Attendance record
6. Mr. CHAN, Kam Siu, Ron Mmeber Attendance record
7. Miss CHAN, Mei Lan Member Attendance record
8. Mr. CHIN, Choon Onn Member Attendance record
9. Mr. CHOW, Wai Shing, Daniel Member Attendance record
10. Mr. LAM, King Ho, Howard Member Attendance record
11. Ms. LUI, Yee Man Member Attendance record
12. Mr. NG, Siu Wing, Ludwig Member Attendance record
13. Ms. SO, Kit Yee, Anita Member Attendance record
14. Mr. TAM, King Ching, Kenny Member Attendance record
15. Miss WONG, Wing Sze, Tiffany Member Attendance record
16. Mr. YUEN, Tsz Chun Member Attendance record


Restructuring and Insolvency Faculty Executive Committee

 
Aims and Objectives
 
The aims and objectives of the Restructuring and Insolvency Faculty (“RIF”) are:
 
1.
To provide a focus for RIF members’ interest in the field of restructuring and insolvency.
 
2.
To promote best practices in restructuring and insolvency with an aim of helping to raise industry standards.
 
3.
To provide facilities, services and support as may be appropriate, to assist RIF members in carrying out the practice of restructuring and insolvency.
 
4.
To act as the professional and public interest voice of the Institute in the field of restructuring and insolvency, and of the restructuring and insolvency sector generally, and to maintain and strengthen the reputation and status of the Institute and the restructuring and insolvency sector, both in Hong Kong and overseas.
 
5.
To advise on topics and programmes in restructuring and insolvency that are suitable for continuing education purposes, and to support the development of specialist qualification and designation in the field of restructuring and insolvency, as appropriate.
 
 
Terms of Reference
 
Having regard to the aims and objectives of the RIF, the detailed terms of reference of the RIF Executive Committee are:
 
1.
To be responsible for the management of the RIF.
 
2.
To undertake technical work in areas of restructuring and insolvency, including making representations to the government, relevant industry regulators, and other bodies and authorities, on behalf of the membership of the RIF.
 
3.
To promote standards in the sector through the development of guidance and statements of best practice and ethics. 
 

4.

To liaise with regulators, relevant government agencies, professional bodies and other persons, as appropriate, on matters affecting the restructuring and insolvency sector, within the remit of the RIF, with a view to, inter alia, promoting good relations between the RIF and other participants in the sector. 
 

5.

To develop and maintain contacts with other committees and sectoral groups within the Institute, and relevant outside parties and, where appropriate, undertake joint action on matters of common interest and concern.
6.
To provide a forum to enable restructuring and insolvency practitioners to exchange views and discuss matters of common interest and concern.
 
7.
To provide professional education and training in the form of, for example, seminars, conferences, etc. in areas which are of interest and relevance to RIF members and the restructuring and insolvency profession.
 
8.
Provide advice to the Institute, when requested, on the development of more intensive insolvency training courses and specialist accreditations.
 
9.
To develop strategic and operational plans and budgets and report periodically to the Institute's Executive Committee. The chairman may also be asked to present a report to Council annually.
 
10.
On behalf of the Institute, to participate in and liaise with INSOL (the International Association of Restructuring, Insolvency & Bankruptcy Professionals.
 
11.
To perform such other functions as may be necessary to implement the objectives of the RIF.
 
  
February 2020
 
Note:
The aims and objectives of the RIF and the terms of reference of the RIFEC are essentially those approved by the Council in 2008, and incorporated into the RIF constitution.