The diversification of services available from Hill Dickinson’s Hong Kong office is highlighted by the appointment of Edward Liu, partner, to Hong Kong’s Mandatory Provident Fund Schemes Appeal Board (MPFSAB).
Edward’s two-year appointment to the MPFSAB, which was made by Paul Chan Mo-po, Financial Secretary, commences on October 25, 2021 and runs until October 2023. The appointment was made shortly before Edward’s recent successful completion of the training programme for mediator and arbitrator recruitment of the Hong Kong Financial Dispute Resolution Centre, which is a local organisation providing mediation and arbitration services to financial institutions and their customers in Hong Kong with a view to resolving financial disputes.
Commenting on his appointment, Edward said: “I am very pleased about this appointment as it is a recognition of my expertise spanning a wide range of sectors and industries, from shipping and commodities, through to insurance, banking and finance. Together with my team in Hong Kong we are keen to offer our first-class service to handle high-value, complex, multi-party, multi-jurisdictional disputes.”
The MPFSAB’s role is to determine appeals against the decisions of the Mandatory Provident Fund Schemes Authority. Welcoming Edward and the other new appointees, the Hong Kong Secretary for Financial Services and the Treasury, Mr Christopher Hui, said: “Members of the MPFSAB come from various professions and sectors. I am confident that the MPFSAB will continue to discharge its statutory functions effectively and uphold its impartiality.”
Edward’s appointment is also in line with the Hong Kong office’s efforts in expanding its practice and diversifying its offering to all aspects of dispute resolution for loan/payment defaults, breach of contract and joint venture disputes, insolvencies, receiverships, fraud, breach of fiduciary duties by directors and officers and trustees, shareholder disputes, profession negligence claims, investment product mis-selling claims and related regulatory/compliance investigations and employment disputes. The Hong Kong office is equipped to manage multi-jurisdiction litigation, including PRC cross-border disputes, insolvencies and investigations.
Damien Laracy, head of Hill Dickinson’s Hong Kong office, commented: “We congratulate Edward on this appointment which serves to demonstrate the diversified practice Hill Dickinson now offers with regard to financial disputes and the high regard in which it is held.”