HKFSBCM FORUM
© 2026. All Rights Reserved.
Contact Us
hozefa.badri@hkfsbcm.org
Postal Address
Queen's Road Central, Hong Kong
Terms of Association as a Society (3 of 3)
8. Forum Meetings
8.1 Full Forum meetings take place on a monthly basis. The monthly meetings will be hosted in rotation by the member firms at their respective offices.
8.2 An Extraordinary Full Forum meeting may be convened for a specific purpose either by the Board or at the request of eight or more members.
8.3 Notice of all Full Forum Meetings and their purposes shall be given to members at least ten days before the date of the meeting.
8.4 The Forum will be able to take binding decisions when a quorum of 50% of its members firms are present or represented. Multiple representatives employed by the same Firm will count as one for quorum purposes.
8.5 All motions shall be carried by s simple majority. In the event of a tie, the Chair of the meeting shall have a casting vote.
8.6 At any of the Forums monthly or other meetings, guests may be invited at the discretion of the Board, to present and / or to participate at the meetings. Guests may be representing any relevant organization or company, such as utilities, the vendor community, other firms in the financial industry, or from official bodies such as the Stock Exchange, Bankers Associations, Regulators and/or Government.
9. Subcommittees and other activities
9.1 The Board may at their discretion appoint temporarily a number of full members to sit in a subcommittee in order to deal with specific issues.
9.2 Resolutions and recommendations submitted by the subcommittee must be endorsed by the Board before being put into practice.
9.3 Other meetings on specific topics, presentations and conferences may be organized by the board or subcommittees at any other time.
10. Confidentiality
10.1 It is understood that all communications (whether in electronic form, written, or oral) relating to the group shall be treated confidentially and with discretion by representatives of member firms and external guests.
11. Dissolution
11.1 The Forum may be dissolved by a resolution carried by a two-thirds majority of the full members present at a Full Forum or Extra-ordinary Full Forum meeting convened for the purpose.
11.2 Upon dissolution of the Forum all liabilities shall be equally shared by members of the Board, and in case of debts incurred before their term of office, by members of the previous Board as well.
11.3 If there remain any assets upon dissolution of the Forum, they shall not be paid out or distributed to the members, but shall be given or transferred to such association having similar interest to those of this Forum as the members shall by resolution direct.
12. Amendments
12.1 These terms shall not be amended except at a Full Forum Meeting or Extraordinary Meeting convened for the purpose. Amendments will be carried by a two-thirds majority of the full members present.
- End -