Ronald Arculli to chair review of MPF changes

Former Hong Kong Legislative Council member Ronald Arculli is tipped to chair a series of meetings beginning next month between service providers, the government, employer and union groups to discuss future amendments to the Mandatory Provident Fund Schemes Ordinance.

Service providers in Hong Kong are pleased with the selection of Arculli to chair the fortnightly meetings, which kick off 9 September. A member of the Liberal party, Arculli represented the construction and property industry in Legco until his resignation last June. He won accolades from the financial community with his stewardship of amendments to the Securities and Futures Bill last year, a saga of acrimony between the government and securities firms in which Arculli emerged as an honest broker who is literate in financial and legal minutiae.