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General Enquiry

If you would like to comment on the issues under consideration by this committee, or if you have any other subjects you would like us to address, please contact us: queries@hktrustees.com

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IMPORTANT INFORMATION

The Hong Kong Trustees' Association Ltd wishes to advise that it has no connection with and has no knowledge of the Hong Kong Finance Trustees' Association.

We are not the lead sponsors for a conference being organised by Tobar or Tovar Travel (or any such similar name). We are, however, one of the sponsors for an Asian Pensions Forum event organised by the Association of Superannuation Funds of Australia (ASFA) in September 2011.

LATEST NEWS

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  • May
    02
    FATCA submission to the U.S. treasury
    Read more >>
  • Jul
    20
    China Development Newsletter Issue No. 1 - July 2010...
    Read more >>
  • Apr
    15
    FTSB final consultation conclusions on the trustee...
    Read more >>
  • Mar
    25
    Submission on the draft Companies Bill - first phase...
    Read more >>

Best Practices Sub-Committee

The objective of the Best Practices Sub-committee is to promote of best practice standards for the trust industry in Hong Kong on an ongoing and evolving basis. It aims to assist members in the education of and practical application of these best practices through the issuance of Best Practice Principles and Guidelines. These Principles and Guidelines will help raise standards in our industry and provide better credibility for Hong Kong trust practitioners.

2012  
Chairman: Fan Choi
Members: Carolyn Butler
Caroline Chan
Sherri Egbert
Loretta Lam
Ka Shi Lau
Angelyn Lim
Jacqueline Shek
Michael Shue
Fanny Wong

There are 9 established principles for trustees’ code of conduct. These are:

Guiding Principles

  1. Act in Good Faith
  2. Act with Prudence and Care
  3. Act with Skill and Diligence
  4. Act with Integrity and Independence
  5. Maintain Confidentiality
  6. Comply with applicable laws and regulations
  7. Communicate Effectively in a Transparent Manner
  8. Promote the Highest Standards of Governance
  9. Act in accordance with the Scheme Objects and Policies 

 

The codes are divided into four codes covering trustees conduct in regard to corporate, pension, private and charitable trusts. The Sub-Committee also provides guidance notes and practice guidelines in regard to the guiding principles which are specific to each of these four areas of trustee activity. 

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Hong Kong Trustees' Association Ltd

c/o Deacons 6/F, Alexandra House, Chater Road, Central, Hong Kong
Tel: (852) 2559 7144 Fax: (852) 2559 7249
Email: queries@hktrustees.com

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