LegCo Panel on Financial Affairs

Special meeting on
Tuesday, 8 October 2002 at 4:30 pm
in the Chamber of the Legislative Council Building

AGENDA

*I.Report of the Panel of Inquiry on Penny Stocks Incident
(4:30 pm - 6:15 pm)

Discussion among Members

LC Paper No. CB(1)2655/01-02(01)

-"Major issues raised at the Panel meetings on 31 July, 16 September and 20 September 2002" prepared by the Legislative Council Secretariat(attached)

LC Paper No. CB(1)2655/01-02(02)

-"Comments on the responsibilities of HKEx in the Penny Stocks Incident quoted by the media" provided by the Chief Executive of Hong Kong Exchanges and Clearing Limited (only Chinese version available)(attached)

Relevant papers issued

LC Paper No. CB(1)2497/01-02
(issued on 10 September 2002)

-Report of the Panel of Inquiry on Penny Stocks Incident and its executive summary (Chinese version of the report is not yet available)

LC Paper No. CB(1)2537/01-02(02)
(issued on 17 September 2002)

-Information paper titled "Taking forward Recommendations in the Report of the Panel of Inquiry on the Penny Stock Incident" provided by the Administration

LC Paper No. CB(1)2537/01-02(03)
(issued on 17 September 2002)

-Speaking note of the Financial Secretary for the special Panel meeting on 16 September 2002

LC Paper No. CB(1)2537/01-02(04)
(issued on 17 September 2002)

-Speaking note of the Secretary for Financial Secretary and the Treasury for the special Panel meeting on 16 September 2002

LC Paper No. CB(1)2585/01-02(01)
(issued on 23 September 2002)

-Speaking note of Mr Andrew SHENG, Chairman of the Securities and Futures Commission, for the Panel meeting on 20 September 2002

LC Paper No. CB(1)2585/01-02(02)
(issued on 23 September 2002)

-Speaking note of Mr K C KWONG, Chief Executive of the Hong Kong Exchanges and Clearing Limited, for the Panel meeting on 20 September 2002

LC Paper No. CB(1)2585/01-02(03)
(issued on 23 September 2002)

-Submission from Hong Kong Securities & Futures Industry Staff Union

LC Paper No. CB(1)2585/01-02(04)
(issued on 23 September 2002)

-Submission from Hong Kong Securities Professionals Association Limited

LC Paper No. CB(1)2585/01-02(05)
(issued on 23 September 2002)

-Submission from Hong Kong Stockbrokers Association Limited

LC Paper No. CB(1)2585/01-02(06)
(issued on 23 September 2002)

-Submission from the Institute of Securities Dealers Limited

LC Paper No. CB(1)2585/01-02(07)
(issued on 23 September 2002)

-Submission from Hong Kong Securities Institute

LC Paper No. CB(1)2585/01-02(08)
(issued on 23 September 2002)

-List of the 11 individuals interviewed by the Panel of Inquiry on Penny Stocks Incident

LC Paper No. CB(1)2603/01-02
(issued on 26 September 2002)

-Press release dated 26 September 2002 on "Expert group appointed by the Financial Secretary to review the operation of the securities and futures market regulatory structure" provided by Financial Secretary's Office

II .Any other business
(6:15 pm - 6:30 pm)


* All LegCo Members are invited to join the discussion of this item.

Legislative Council Secretariat
7 October 2002