our organization and our staff international exchanges...a delegation from the labor pension fund...

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OUR ORGANIZATION AND OUR STAFF INTERNATIONAL EXCHANGES 70 Mandatory Provident Fund Schemes Authority The MPFA is a member of the International Organisation of Pension Supervisors (“IOPS”) under the Organisation for Economic Co-operation and Development (“OECD”). During the year, we contributed to the development and drafting of a number of guidelines, good practices and working papers relating to pension regulation and supervision. We also shared our regulatory, supervisory and enforcement experience with other IOPS members by giving presentations and participating in discussion in IOPS meetings. From time to time, the MPFA received visitors from overseas and the Mainland, including representatives of government or non-government organizations, exchanging views as well as sharing experiences with them. Our representatives also participated in several international conferences and gave presentations on the MPF System. Highlights of these activities are given below. Executive Director (Regulation & Policy) participated as a panel member discussing the fees of pension funds at the 4th Annual Asian Investment Summit organized by Asian Investor in Hong Kong. Executive Director (Supervision) and General Counsel attended the Symposium on Public Pension Governance and Investment organized by The World Bank in Bali, Indonesia. At MPFA, Chief Operating Officer (Enforcement) received a delegation from the Ministry of Human Resources and Social Security, led by the Deputy Director-General, Mr Xu Yanjun. She gave the delegates a presentation on the latest developments in the MPF System. A delegation of the Guangdong Municipal Labour and Social Security Bureau, led by the Deputy Secretary of Party Leadership Group and Deputy Director, Ms Lin Wangping, visited the MPFA. Chief Operating Officer (Enforcement) received the delegates and briefed them on the operations of the MPF System. Executive Director (Regulation & Policy) attended the Technical Committee meeting of IOPS in Paris, France. Executive Director (Regulation & Policy) gave a speech on Establishing the Appropriate Regulatory Framework at the Forum on the Development of Private Pension Industry in Malaysia organized by the Securities Commission of Malaysia in Kuala Lumpur, Malaysia. 20-21 May 2009 1-3 June 2009 17 June 2009 24 June 2009 7-8 July 2009 23-24 July 2009

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Page 1: Our OrganizatiOn and Our staff internatiOnal eXChanges...A delegation from the Labor Pension Fund Supervisory Committee, Taiwan, led by the Chairman, Mr Huang Chao-hsi, visited the

Our OrganizatiOn and Our staff

internatiOnal eXChanges

70 Mandatory Provident Fund Schemes Authority

TheMPFAisamemberoftheInternationalOrganisationofPensionSupervisors(“IOPS”)undertheOrganisationforEconomicCo-operationandDevelopment(“OECD”).Duringtheyear,wecontributedtothedevelopmentanddraftingofanumberofguidelines,goodpracticesandworkingpapersrelatingtopensionregulationandsupervision.Wealsosharedourregulatory,supervisoryandenforcementexperiencewithotherIOPSmembersbygivingpresentationsandparticipatingindiscussioninIOPSmeetings.

Fromtimetotime,theMPFAreceivedvisitorsfromoverseasandtheMainland,includingrepresentativesofgovernmentornon-governmentorganizations,exchangingviewsaswellassharingexperienceswiththem.OurrepresentativesalsoparticipatedinseveralinternationalconferencesandgavepresentationsontheMPFSystem.Highlightsoftheseactivitiesaregivenbelow.

ExecutiveDirector(Regulation&Policy)participatedasapanelmemberdiscussingthefeesofpensionfundsatthe4thAnnualAsianInvestmentSummitorganizedbyAsianInvestorinHongKong.

ExecutiveDirector(Supervision)andGeneralCounselattendedtheSymposiumonPublicPensionGovernanceandInvestmentorganizedbyTheWorldBankinBali,Indonesia.

AtMPFA,ChiefOperatingOfficer(Enforcement)receivedadelegationfromtheMinistryofHumanResourcesandSocialSecurity,ledbytheDeputyDirector-General,MrXuYanjun.ShegavethedelegatesapresentationonthelatestdevelopmentsintheMPFSystem.

AdelegationoftheGuangdongMunicipalLabourandSocialSecurityBureau,ledbytheDeputySecretaryofPartyLeadershipGroupandDeputyDirector,MsLinWangping,visitedtheMPFA.ChiefOperatingOfficer(Enforcement)receivedthedelegatesandbriefedthemontheoperationsoftheMPFSystem.

ExecutiveDirector(Regulation&Policy)attendedtheTechnicalCommitteemeetingofIOPSinParis,France.

ExecutiveDirector(Regulation&Policy)gaveaspeechonEstablishingtheAppropriateRegulatoryFrameworkattheForumontheDevelopmentofPrivatePensionIndustryinMalaysiaorganizedbytheSecuritiesCommissionofMalaysiainKualaLumpur,Malaysia.

20-21 May 2009

1-3 June 2009

17 June 2009

24 June 2009

7-8 July 2009

23-24 July 2009

14-16 October 2009

4 November2009

5 November2009

9 December2009

20-21 January 2010

22-23 February 2010

10-12 March 2010

26 March 2010

63 The Management Team.indd 70 2010/7/6 5:26:03 PM

Page 2: Our OrganizatiOn and Our staff internatiOnal eXChanges...A delegation from the Labor Pension Fund Supervisory Committee, Taiwan, led by the Chairman, Mr Huang Chao-hsi, visited the

71Annual Report 2009/10

14-16 October 2009

4 November2009

5 November2009

9 December2009

20-21 January 2010

22-23 February 2010

10-12 March 2010

26 March 2010

ExecutiveDirector(Regulation&Policy)attendedtheTechnicalCommitteemeetingofIOPSandtheGlobalForumonPrivatePensionsorganizedbyOECD/IOPSinRiodeJaneiro,Brazil.

AtMPFA,ExecutiveDirector(CorporateServices)metwithadelegationfromtheSocialInsuranceBureauofHainanProvince,ledbyMrDengGuanghua.

TheDirector-GeneraloftheInstituteofStrategicandInternationalStudies,Malaysia,DrMahaniZainalAbidin,visitedtheMPFAandwasbriefedonthelatestdevelopmentsintheMPFSystembyChiefOperatingOfficer(Enforcement).

AdelegationfromtheLaborPensionFundSupervisoryCommittee,Taiwan,ledbytheChairman,MrHuangChao-hsi,visitedtheMPFA,andwasbriefedonthelatestdevelopmentsintheMPFSystembyChiefOperatingOfficer(Enforcement).

ExecutiveDirector(Regulation&Policy),ExecutiveDirector(Supervision)andExecutiveDirector(CorporateServices)attendedtheAsianFinancialForum2010organizedbyHKSARGovernmentandHongKongTradeDevelopmentCouncilinHongKong.

ExecutiveDirector(Regulation&Policy)andExecutiveDirector(Supervision)attendedtheTechnicalCommitteemeetingofIOPSandaJointMeetingorganizedbyOECD/IOPSandthePensionsCoordinationGroupofInternationalAssociationofInsuranceSupervisorsinBasel,Switzerland.

ExecutiveDirector(Regulation&Policy)ledtwoMPFAstaffmembersonastudytourtoAustraliatostudytheAustralianSuperannuationSystem.TheyvisitedtheAustralianSecuritiesandInvestmentsCommission,theAustralianPrudentialRegulationAuthorityandseveralindustrybodiesinSydney,Australia.

AtMPFA,ExecutiveDirector(Supervision)metwithMrTaroKono,MemberoftheHouseofRepresentatives,andMrAsahikoMiharafromtheLiberalDemocraticParty,Japan,andbriefedthemontheregulatoryandsupervisoryframeworkoftheMPFSystem.

63 The Management Team.indd 71 2010/7/6 5:26:04 PM