Subcommittee to Study Issues Arising from Lehman Brothers-related Minibonds and Structured Financial Products (Report)



A.

Evidence/documents provided by the Administration

DocumentsSubcommittee reference no.
1.Witness statement from Professor CHAN Ka-keung, SFST W1(C)
2.Curriculum vitae, duties and statutory powers of Professor CHAN Ka-keung, SFST W3(C)
3.Opening remark by Professor CHAN Ka-keung, SFST, at the hearing on 20 February 2009 W5(C)
4.Witness statement from Mr John C TSANG, FS W20(C)
5.Curriculum Vitae and duties of Mr John C TSANG, FS W21
6.Opening statement by Mr John C TSANG, FS at the hearing on 11 December 2009 W22
7.Information provided by the Financial Services and the Treasury Bureau in response to the Clerk to Subcommittee's letter dated 22 December 2008 A1
8.Weblinks of statements made by key government officials in relation to subprime loans in the United States and Lehman Brothers-related structured financial products (2006 to 2008) A2
9.Motion on "Reforming financial regulators" at the meeting of the Legislative Council on 26 November 2008 – Progress Report (February 2009) A3
10.署理財經事務及庫務局局長就「改革金融業監管機構」動議辯論開場發言 (2008年11月26日) A4
11.財經事務及庫務局局長就「協助雷曼兄弟苦主」動議辯論開場發言 (2008年10月22日) A5
12.新聞公報--財經事務及庫務局局長談金融市場波動 (2008年9月30日) A6
13.Speech by SFST at seminar hosted by HSBC USA, Hong Kong Economic and Trade Office in New York and the Hong Kong Association of New York on 13 May 2008 A7
14."Hong Kong SAR: Preliminary Conclusions of the IMF Mission" dated 7 November 2007 A8
15.財經事務及庫務局局長出席香港中華總商會會議講座答問全文(2007年8月6日) A9
16.Consultation Document on the Securities and Futures Bill (2 April 2000) A10
17.Legislative Council Brief on Regulatory Reform for the Securities and Futures Market – Consultation on the Securities and Futures Bill issued by Financial Services Bureau on 2 April 2000 A11
18.Sections 4, 5 and 6 of the Securities and Futures Ordinance A12
19.Paper on "Action Plan on Recommendations in the Reports prepared by HKMA and SFC on the Lehman Brothers Minibonds Incident" issued to the Panel on Financial Affairs for discussion on 2 February 2009 A13
20.Speech by FS on Motion of Thanks Debate for the Policy Address on 26 October 2007 A14
21.2008 - 2009 Budget Speech made by FS on 27 February 2008 A15
22.Exchange of Letters between the FS and the Monetary Authority of 25 June 2003 A16
23.First Quarter Economic Report 2007 prepared by the Economic Analysis and Business Facilitation Unit (published in May 2007) A17
24.Papers submitted by the Economic Analysis and Business Facilitation Unit to the Panel on Financial Affairs since May 2007 A18
25.Information provided by Professor CHAN Ka-keung, SFST, dated 19 February 2009 A19
26.Written responses from Professor CHAN Ka-keung, SFST, to follow-up issues arising from the hearing on 20 February 2009 A20
27.Written responses from Professor CHAN Ka-keung, SFST, to follow-up issues arising from the hearing on 27 February 2009 A21
28.Statement by the Chief Executive of the Hong Kong Special Administrative Region on "Responsibilities of the Financial Secretary and the Secretary for Financial Services and the Treasury" issued on 27 June 2003 A22
29.Paragraphs 22 to 26 of 2007 - 2008 Budget Speech made by FS A23
30.SFST's written reply to question raised by Hon James TO on "Stock options known as accumulators" at the Legislative Council meeting on 23 April 2008 A24
31.Paper on "Regulation of sale of structured investment or derivative products" issued by FSTB to the Panel on Financial Affairs in June 2008 A25
32.Information provided by Professor CHAN Ka-keung, SFST, dated 12 May 2009 A26
33.Paper on "Policy Objectives in Financial Affairs and Public Finance" issued by FS on 27 June 2003 A27
34.Paragraphs 12 to 14 of 2009-2010 Policy Address by the Chief Executive A28
35.Written responses from Mr John C TSANG, FS, to follow-up issues arising from the hearing on 11 December 2009 A29
36.Written responses from Mr John C TSANG, FS, to follow-up issues arising from the hearing on 18 December 2009 A30
37.Written responses from Mr John C TSANG, FS, to follow-up issues arising from the hearing on 8 January 2010 attended by CEO/SFC A31
38.Written responses from Mr John C TSANG, FS, in response to the Clerk to Subcommittee's letter dated 24 December 2009 A32
39.Extracts of agenda and minutes of FSC and CFR A2(C)**
40.Comments on relevant extracts of the draft report of the Subcommittee from Prof CHAN Ka-keung, SFST W102(C)**
41.Comments on relevant extracts of the draft report of the Subcommittee from Mr John TSANG, FS W103(C)**


** Documents not available for public inspection