EN
HKNPL is responsible for producing trusted, secure banknotes that support the effective functioning of the cash infrastructure and contributes to confidence in everyday transactions. In addition, we are appointed to print passport pages carrying anti-counterfeit features.
The Government of the Hong Kong Special Administrative Region, in order to be more closely involved in the production of Hong Kong Dollar currency notes, purchased from Thomas De La Rue plc its note printing plant in Hong Kong in 1996 and renamed the plant as Hong Kong Note Printing Limited. In 1997, 15% of the issued share capital were sold to China Banknote Printing and Minting Corporation and 10% to each of the three note-issuing banks, and the Government continues to exercise management control over the Company through the Hong Kong Monetary Authority.
The Board of Directors consists of members from the Hong Kong Monetary Authority, China Banknote Printing & Minting Corporation and the three note-issuing banks, namely, Bank of China (Hong Kong) Limited, The Hongkong and Shanghai Banking Corporation Limited and Standard Chartered Bank (Hong Kong) Limited and. The Chief Executive of the Hong Kong Monetary Authority is the Chairman of the Board of Directors.
We uphold stringent corporate governance principles to ensure the highest standards of security and reliability in currency production. Our Board of Directors is composed of seasoned professionals tasked with setting strategic direction for the Company and overseeing its risk management. At operational level, we engage independent audit firms and professional institutions to conduct regular reviews of our internal controls on day-to-day operations, financial reporting, quality management, security, environmental and occupational safety and other aspects to ensure compliance with legal and governance requirements and keep up with standards evolvement.
