Council election is an important governance provision of the Hong Kong Institute of CPAs. The current arrangement has been in place since its establishment and there have been discussions about its improvements in the past years. The Secretary for Financial Services and the Treasury, Christopher Hui, published a blog post on 8 March with regards to enhancing the Institute’s Council election arrangements. It outlined the consultation process underway and the key areas under review. In this connection, the Financial Services and Treasury Bureau (FSTB) will brief the Panel on Financial Affairs of the Legislative Council on 4 April about the proposed enhancements on the Institute's election of Council members.

The proposed changes will affect all members of the Institute and it is therefore important your views are obtained and consulted. A new webpage has been set up on the matter, which will bring together relevant information to help members keep abreast of the recent developments.

To provide members with a better understanding of the FSTB’s consultation findings and the proposed changes, the Institute will organize a members’ forum where Under Secretary of the FSTB, Joseph Chan, and the Legislative Councillor of the Accountancy Functional Constituency, Edmund Wong have been invited to discuss the preliminary proposals below,

• Raising Nomination Threshold
• Alteration to Election Cycle
• Changes to Administrative Procedures

As major stakeholders, you are invited to join this forum where there will also be a question and answer session for attendees.