Seminar on Governance Responsibilities & Risk Management under the Lump Sum Grant Subvention System

The Government has recently set up a Task Force to review the Lump Sum Grant (LSG) subvention system implemented since 2001. The latest Director of Audit’s report also put forth recommendations on the administration of LSG. In response to public concern on the governance of subvented agencies, the seminar aims to help pertinent NGO governors to understand their responsibilities and prepare for risk management. Details as below:

Date: 25 January 2018 (Thursday)
Time: 6:30 – 8:30pm
Venue: Duke of Windsor Social Service Building, 15 Hennessy Road, Wanchai
Targets: Board members (with priority), agency heads and Finance Directors of agencies receiving LSG

– Mr Kwok Lit-tung, Chief Executive, Christian Family Service Centre
– Ms Christine Fang, GAME Founding Director & Consultant

Topic 1: Lesson learnt from the financial crisis of Neighbourhood Advice-Action Council
Speaker: Mr Tai Keen-man, Vice-Chairman, Neighbourhood Advice-Action Council

Topic 2: Risks incurred by LSG and the monitoring role of NGO boards
Speaker: Dr Stephen Fisher, board member of Unison and Hong Chi Association

Topic 3: Practical wisdom of financial risk management, roles and collaboration of the governors
Speaker: Mr Ivan Yiu Tze-leung, Community Services Secretary, Tung Wah Group of Hospitals 

Topic 4: Review of governance responsibilities, decision making and monitoring
Speaker: Mr Benjamin Tang, Former Director of Audit and member of Operations Review Committee of the ICAC 

LanguageCantonese (materials in English)