APTLD Board Meeting Communiqué (16 September 2016)

On 16 September 2016, the APTLD Board held its
in-person meeting and considered a range of matters. A summary of the
meeting is published in this Communiqué.

Review of and comments on
APTLD70

The Board noted with
satisfaction a record-breaking turnout for the Meeting and a sound agenda which enabled members to
benefit from intense discussions on a number of important matters. The Board
commended APTLD staff and GM for a successful meeting and suggested further
measures that should help bolster effectiveness of future Member Meetings.

Adoption of the Draft APTLD SOP
on Procurement and Finance

The Board discussed a draft APTLD Standard Operating
Procedure (SOP) on Procurement and Finance and adopted it with a due account of
all comments and recommendations suggested by the Board members.

Consideration of a Need for
Development and Adoption of an APTLD Policy Development Procedure

The Board considered the GM’s suggestion that APTLD
should examine the need for an APTLD PDP and suggested GM further explore the
issue to report to the Board of existing best practices in this regard.

A Preliminary Discussion on the
Selection for the APTLD Auditor for 2017

The Board received GM’s debriefing on activities in this
regard and commended the .HKRIC team for its contribution with data and
preliminary analysis of the matter and suggested GM put it on the agenda of the
upcoming AGM at APTLD71 on 3 March 2017.

Financial Statement – August
2016

The Board discussed
the August 2016 Financial Statement and noted with satisfaction that execution
of the budget has been carried out in line with the initial projections.
Further, the Board was pleased to confirm that the volume of members’
contribution accounted for 100% of the projected one.

The Board also
considered a number of other administrative and financial matters.