On 24 May 2018, BCT’s board members attended the pledging ceremony held by the Mandatory Provident Fund Schemes Authority (MPFA) to show support for the Governance Charter for MPF Trustees (“Governance Charter”). Mr. Frank Wang, Chairman of the Board, represented BCT to pledge our commitment on the Governance Charter which advocates for the following core values:
- Value-for-money MPF schemes and services;
- Act in the best interests of members;
- Lift governance standards;
- Understand and respond to members’ needs;
- Engage members through transparency and communication;
- and Serve with honesty and integrity.
All along, BCT believes that good corporate governance provides a sound foundation in running a responsible and sustainable organization, and in discharging our fiduciary duties to our schemes and members. Therefore, the manners in which we have been administering MPF schemes under trusteeship are consistent with the contents of Governance Charter.
BCT will continue its efforts to uphold a strong governance culture that emphasizes scheme members’ interests and retirement protection, and to ensure that the values of the Governance Charter are instilled throughout our entire organization thereby bringing values to our scheme members.