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Under the DPS Ordinance, certain decisions of the Board and the HKMA can be the subject of an appeal to the Deposit Protection Appeals Tribunal (the Tribunal). These include the Board's decisions regarding whether a foreign bank branch can be exempted from participation in the DPS, the amount of contribution payable by a Scheme member, and the amount of compensation payable to a depositor, as well as the HKMA's decision to impose an asset maintenance requirement on a Scheme member.
The Tribunal was established in January 2005. Mr Michael Stuart-Moore was appointed by the Chief Executive as the Chairman of the Tribunal. Members of the Tribunal are appointed by the Financial Secretary from a panel of three persons. The panel members are listed below. Sittings of the Tribunal will be convened on an as needed basis.
Chairman:
Mr Michael STUART-MOORE, G.B.S.
Members:
- Professor LAM Kit-Chun
- Mrs Mabel LUI Fung Mei-yee, J.P.
- Ms Maria XUEREB
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