The members of the Committee present their annual report together with the audited financial statements for the year ended 31 March 2012.
Part XII of the Securities and Futures Ordinance (Chapter 571) established the Fund on 1 April 2003.
The surplus of the Fund for the financial year ended 31 March 2012 and the state of the Fund’s affairs as at that date are set out in the financial statements here.
The members of the Committee during the year ended 31 March 2012 and up to the date of this report were:
Mr Keith Lui (Chairman)
Mrs Alexa Lam
Mr Chow Ka Ming, Anderson, SC
Mr Tai Chi Kin (appointed on 1 April 2011)
No contract of significance to which the Fund was a party, and in which a Committee member of the Fund had a material interest, subsisted at the end of the financial year or at any time during the financial year.
KPMG retire and, being eligible, offer themselves for re-appointment. A resolution for the re-appointment of KPMG as auditors of the Fund is to be proposed at the forthcoming Investor Compensation Fund Committee meeting.
By order of the Committee
4 June 2012
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