MPFSA

(redirected from Mandatory Provident Fund Schemes Authority)
AcronymDefinition
MPFSAMandatory Provident Fund Schemes Authority (Hong Kong Legislative Council)
References in periodicals archive ?
"Under the distinguished leadership of Dr Eddy Fong, the PRP has played a vital role in enhancing the regulatory regime for the protection of Mandatory Provident Fund (MPF) scheme members by reviewing the operations of the Mandatory Provident Fund Schemes Authority (MPFA) in relation to MPF intermediaries.
The Insurance Authority and the Mandatory Provident Fund Schemes Authority will collaborate with the Investor Education Centre and the industry as appropriate to enhance public understanding of annuity products and MPF TVCs, and how to evaluate different retirement planning tools to suit one's needs.
Leveraging on our members' professional knowledge, the PRP has made constructive comments and suggestions to the Mandatory Provident Fund Schemes Authority (MPFA) for enhancing the regulatory regime.
Welcoming the appointments and re-appointments to the PRP, the Secretary for Financial Services and the Treasury, Mr James Lau, said, "Under the able leadership of the Chairman, Dr Eddy Fong, the PRP has conducted two rounds of thorough review of the internal procedures and operations of the Mandatory Provident Fund Schemes Authority (MPFA) in relation to the regulation of Mandatory Provident Fund (MPF) intermediaries, and has published two Annual Reports providing useful observations and practical and constructive recommendations to enhance the MPFA's co-ordination with front-line regulators and the transparency and accountability in regulating MPF intermediaries."
He has been a member of the Mandatory Provident Fund Schemes Advisory Committee since 2013, providing recommendations to the Mandatory Provident Fund Schemes Authority (MPFA) to improve the efficiency of the Mandatory Provident Fund System as well as the operation of the MPFA as a regulator.
The Mandatory Provident Fund Schemes Authority is studying options to implement full MPF benefit portability, Secretary for Financial Services & the Treasury Prof KC Chan says.
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