Final Word: Governance Must Precede Tragedy. Find out more about Property Management Services Authority license revocation potential.

The response to the *Wang Fuk Court* fire is the definitive statement of the PMSA’s mandate in 2025: **Diligence is not optional; it is the license to operate.** The ultimate lesson here is that fire safety and construction oversight cannot be siloed into a department with outsourced accountability. The licensed entity must act as the central node of responsibility, connecting the technical execution on the ground to the ultimate legal and ethical duty owed to the residents. For those reading this who manage property—whether a single block or a portfolio of skyscrapers—your next internal review should not ask, “Are we compliant?” but rather, “If a tragedy occurred tomorrow, would our documentation prove we treated safety as our paramount, non-delegable concern?” A robust, evidence-based answer to that question is the only shield against the severe penalties now on the table. What proactive steps is *your* organization taking this week to verify contractor compliance with fire safety material specifications, particularly on active renovation sites? Share your insights on best practices for **managing renovation risk** in the comments below—the industry needs to learn from this difficult chapter, together.