| I. | Confirmation of minutes of meeting
(8:30 am - 8:32 am)
|
| LC Paper No. CB(1)664/05-06
(issued vide LC Paper No. CB(1)679/05-06 on 10 January 2006)
| - | Minutes of sixth meeting held on 6 December 2005
|
| II. | Meeting with the Administration
(8:32 am - 10:25 am)
Matters arising from the sixth meeting
|
| LC Paper No. CB(1)420/05-06(01)
(issued on 2 December 2005)
| - |
"Follow-up to the fifth meeting on 17 November 2005" prepared by the Legislative Council Secretariat
|
| LC Paper No. CB(1)548/05-06(01)
(issued on 19 December 2005)
| - |
"Follow-up to the sixth meeting on 6 December 2005" prepared by the Legislative Council Secretariat
|
| LC Paper No. CB(1)665/05-06(01)
(attached)
| - | Paper provided by the Administration on "Follow-up actions arising from the meeting held on 6 December 2005"
|
| LC Paper No. CB(1)286/05-06(03)
(issued on 15 November 2005)
| - |
Paper provided by the Administration on "Component Two - Audit Investigation Board"
|
| Relevant information about the prohibition of the use of incriminating evidence in proceedings
|
| LC Paper No. CB(1)665/05-06(02)
(attached)
| - | Section 187 of Securities and Futures Ordinance - Part VIII
|
| LC Paper No. CB(1)665/05-06(03)
(attached)
| - | Clause 180 of Securities and Futures Bill - Part VIII
|
| LC Paper No. CB(1)665/05-06(04)
(attached)
| - | Extracts of verbatim transcript for meeting of Bills Committee on Securities and Futures Bill and Banking (Amendment) Bill 2000 held on 17 July 2001
|
| LC Paper No. CB(1)665/05-06(05)
(English version only)
(attached)
| - | Extracts of LC Paper No. CB(1)925/00-01(02) - Administration's response to "Supplement to the Comparison Table for Part VIII of the Securities and Futures Bill" prepared by the Legal Service Division of the Legislative Council
|
| Matters arising from the seventh meeting
|
| LC Paper No. CB(1)665/05-06(06)
(attached)
| - | "Follow-up to the seventh meeting on 20 December 2005" prepared by the Legislative Council Secretariat
|
| LC Paper No. CB(1)665/05-06(07)
(attached)
| - | Paper provided by the Administration on "Follow-up actions arising from the meeting held on 20 December 2005"
|
| Part 1 (Clause 5 - "Relevant non-compliance"), Part 4 (Composition of the Financial Reporting Review Panel and a Financial Reporting Review Committee; enquiry powers; voluntary and mandatory revision of relevant financial reports, etc., Schedules 1, 5 and 6 to the Bill)
|
| LC Paper No. CB(1)420/05-06(02)
(issued on 2 December 2005)
| - |
Paper provided by the Administration on "Component Three - Financial Reporting Review Panel and Financial Reporting Review Committee"
|
| Part 5 (Preservation of secrecy, avoidance of conflict of interests, immunity, etc.)
|
| LC Paper No. CB(1)665/05-06(08)
(attached)
| - |
Paper provided by the Administration on "Component Four - Miscellaneous matters"
|
| Part 6 (Consequential and related amendments)
|
| LC Paper No. CB(1)665/05-06(09)
(attached)
| - |
Paper provided by the Administration on "Component Five - Consequential and related amendments"
|
| Relevant paper
|
| LC Paper No. CB(1)166/05-06(03)
(English version issued on 27 October 2005)
(Chinese version issued vide LC Paper No. CB(1)286/05-06 on 15 November 2005)
| - |
Paper provided by the Administration on "Summary of submissions and Administration's responses"
|
| (A list of relevant papers previously issued is in the Appendix.)
|
| III. | Any other business
(10:25 am - 10:30 am)
|
| Background information on the Bill
|
| LC Paper No. CB(3)713/04-05
(issued on 17 June 2005)
| - |
The Bill
|
| Ref: C15/3(05) Pt. 9
(issued on 15 June 2005)
| - |
The Legislative Council Brief on "Financial Reporting Council Bill" issued by the Financial Services and the Treasury Bureau
|
| LC Paper No. LS86/04-05
(issued vide LC Paper No. CB(2)2220/04-05 on 7 July 2005)
| - |
The Legal Service Division Report
|
| LC Paper No. CB(1)2050/04-05(01)
(issued on 18 July 2005)
| - |
Background brief prepared by the Legislative Council Secretariat
|
| Paper prepared by the Secretariat
|
| LC Paper No. CB(1)2288/04-05(32)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
"Follow-up to the first meeting on 19 July 2005" prepared by the Legislative Council Secretariat
|
| LC Paper No. CB(1)2288/04-05(36)
(English version only)
(issued vide LC Paper No. CB(1)2315/04-05 on 26 September 2005)
| - | Summary of submissions (Position as at 12:00 noon, 26 September 2005)
|
| LC Paper No. CB(1)2365/04-05(01)
(issued on 4 October 2005)
| - |
"Summary of 31 submissions (Position as at 4 October 2005)" prepared by the Legislative Council Secretariat
|
| LC Paper No. CB(1)2368/04-05(01)
(issued on 5 October 2005)
| - |
"Follow-up to the second meeting on 27 September 2005" prepared by the Legislative Council Secretariat
|
| LC Paper No. CB(1)166/05-06(01)
(issued vide LC Paper No. CB(1)178/05-06 on 28 October 2005)
| - |
"Follow-up to the third meeting on 7 October 2005" prepared by the Legislative Council Secretariat
|
| LC Paper No. CB(1)166/05-06(04)
(issued vide LC Paper No. CB(1)178/05-06 on 28 October 2005)
| - |
"Proposed meeting schedule" prepared by the Legislative Council Secretariat
|
| LC Paper No. CB(1)286/05-06(01)
(issued on 15 November 2005)
| - |
"Follow-up to the fourth meeting on 31 October 2005" prepared by the Legislative Council Secretariat
|
| Papers provided by the Administration
|
| LC Paper No. CB(1)2050/04-05(02)
(issued on 18 July 2005)
| - |
Paper provided by the Administration on "Copy of the overseas legislation upon which the Bill is modelled"
|
| LC Paper No. CB(1)2288/04-05(33)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Paper provided by the Administration on "International Experience"
|
| LC Paper No. CB(1)2288/04-05(34)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Paper provided by the Administration on "Functions of the Financial Reporting Council"
|
| LC Paper No. CB(1)2288/04-05(35)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Paper provided by the Administration on "Proposed work plan"
|
| LC Paper No. CB(1)2368/04-05(02)
(English version only)
(issued on 5 October 2005)
| - |
Paper provided by the Administration on "Administration's Responses to the Submissions made to the Bills Committee"
|
| LC Paper No. CB(1)2368/04-05(03)
(issued on 5 October 2005)
| - |
Paper provided by the Administration on "Component One - Establishment of the Financial Reporting Council"
|
| LC Paper No. CB(1)166/05-06(02)
(issued on 27 October 2005)
| - |
Paper provided by the Administration on "(I) Appointment to; and (II) Checks and Balances on the Proposed Financial Reporting Council"
|
| LC Paper No. CB(1)286/05-06(02)
(issued on 15 November 2005)
| - |
Paper provided by the Administration on "Follow-up actions arising from the meeting held on 31 October 2005"
|
| Submissions received
|
| LC Paper No. CB(1)2288/04-05(01) (Revised)
(English version only)
(Revised version issued vide LC Paper No. CB(1)2331/04-05 on 28 September 2005)
| - |
Submission dated 26 September 2005 from The Association of International Accountants - Hong Kong Branch
|
| LC Paper No. CB(1)2288/04-05(02)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 22 September 2005 from British Chamber of Commerce in Hong Kong
|
| LC Paper No. CB(1)2288/04-05(03)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 12 September 2005 from Deloitte Touche Tohmatsu
|
| LC Paper No. CB(1)2288/04-05(04)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 14 September 2005 from The Chamber of Hong Kong Listed Companies
|
| LC Paper No. CB(1)2288/04-05(05)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 22 September 2005 from Hong Kong Institute of Certified Public Accountants
|
| LC Paper No. CB(1)2288/04-05(06)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 15 September 2005 from CPA Australia - Hong Kong China Division
|
| LC Paper No. CB(1)2288/04-05(07)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 16 September 2005 from The Chartered Institute of Management Accountants - Hong Kong Division
|
| LC Paper No. CB(1)2288/04-05(08)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 12 September 2005 from Mr CHAN Sai-hoi
|
| LC Paper No. CB(1)2288/04-05(09)
(Chinese version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 17 August 2005 from The Chinese General Chamber of Commerce
|
| LC Paper No. CB(1)2288/04-05(10)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 23 August 2005 from Mandatory Provident Fund Schemes Authority
|
| LC Paper No. CB(1)2288/04-05(11)
(Chinese and English versions)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 30 August 2005 from Office of the Privacy Commissioner for Personal Data, Hong Kong
|
| LC Paper No. CB(1)2288/04-05(12)
(Chinese and English versions)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 31 August 2005 from The Office of The Ombudsman
|
| LC Paper No. CB(1)2288/04-05(13)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 5 September 2005 from KPMG
|
| LC Paper No. CB(1)2288/04-05(14)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 7 September 2005 from Standing Committee on Company Law Reform
|
| LC Paper No. CB(1)2288/04-05(15)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 7 September 2005 from Hong Kong General Chamber of Commerce
|
| LC Paper No. CB(1)2288/04-05(16)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 8 September 2005 from Hong Kong Trustees Association Ltd
|
| LC Paper No. CB(1)2288/04-05(17)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 9 September 2005 from The Association of Chartered Certified Accountants (Hong Kong)
|
| LC Paper No. CB(1)2288/04-05(18)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 9 September 2005 from The Law Society of Hong Kong (Companies and Financial Law Committee and Securities Law Committee)
|
| LC Paper No. CB(1)2288/04-05(19)
(Chinese version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 12 September 2005 from The Hong Kong Chinese Enterprises Association
|
| LC Paper No. CB(1)2288/04-05(20)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 12 September 2005 from Hong Kong Association of Restricted Licence Banks and Deposit-taking Companies
|
| LC Paper No. CB(1)2288/04-05(21)(a)
(Chinese and English versions)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
First submission dated 12 September 2005 from Securities and Futures Commission
|
| LC Paper No. CB(1)2288/04-05(21)(b)
(Chinese and English versions)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Further submission dated 14 September 2005 from Securities and Futures Commission
|
| LC Paper No. CB(1)2288/04-05(22)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 12 September 2005 from The Hong Kong Institute of Chartered Secretaries
|
| LC Paper No. CB(1)2288/04-05(23)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 14 September 2005 from National Institute of Accountants of Australia - China Branch
|
| LC Paper No. CB(1)2288/04-05(24)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 20 September 2005 from Ernst and Young
|
| LC Paper No. CB(1)2288/04-05(25)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 21 September 2005 from Hong Kong Bar Association
|
| LC Paper No. CB(1)2288/04-05(27)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 8 September 2005 from Mr Oscar WONG Sai-hung
|
| LC Paper No. CB(1)2288/04-05(28)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 12 September 2005 from Mr Simon YOUNG, Associate Professor, Faculty of Law, The University of Hong Kong
|
| LC Paper No. CB(1)2288/04-05(29)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 13 September 2005 from Mr David GUNSON
|
| LC Paper No. CB(1)2288/04-05(30)
(English version only)
(issued vide LC Paper No. CB(1)2305/04-05 on 23 September 2005)
| - |
Submission dated 16 September 2005 from Dr Peter P F CHAN
|
| LC Paper No. CB(1)2288/04-05(31)
(English version only)
(issued vide LC Paper No. CB(1)2315/04-05 on 26 September 2005)
| - |
Submission dated 23 September 2005 from Mr Peter H Y WONG
|
| LC Paper No. CB(1)2331/04-05(01)
(English version only)
(issued on 28 September 2005)
| - |
Submission dated 27 September 2005 from Hong Kong Stockbrokers Association Limited
|
| Administration's response to submissions
|
| LC Paper No. CB(1)197/05-06(01)
(Chinese version only)
(issued on 1 November 2005)
| - |
Administration's letter dated 27 October 2005 to The Chinese General Chamber of Commerce
|
| LC Paper No. CB(1)197/05-06(02)
(English version only)
(issued on 1 November 2005)
| - |
Administration's letter dated 27 October 2005 to Hong Kong General Chamber of Commerce
|
| LC Paper No. CB(1)197/05-06(03)
(Chinese version only)
(issued on 1 November 2005)
| - |
Administration's letter dated 27 October 2005 to The Hong Kong Chinese Enterprises Association
|
| Other paper
|
| LC Paper No. CB(1)307/05-06(01)
(issued on 16 November 2005)
| - | Construction Industry Council (No. 2) Bill - The Administration's draft proposed Committee Stage amendments to Clause 9, New Schedule 1A, Schedule 2
|
