MPF Trustees

Common non-compliances


Common non-compliances committed by MPF trustees include:


  • processing of MPF transfer/ payment
  • statutory reporting to MPFA
  • provision of information to scheme members



MPFA may take the following actions against MPF trustees for any non-compliance issues:


  • issuance of compliance advice letters
  • imposition of financial penalties
  • varying the approval conditions for the relevant MPF trustees
  • suspension or termination of MPF trustees’ administration of registered schemes
  • criminal prosecutions