Panel on Financial Affairs

Meeting on
Thursday, 16 March 2017, at 9:30 am
in Conference Room 3 of the Legislative Council Complex

Revised agenda
(as at 15 March 2017)

I.	Confirmation of minutes of meeting and matters arising (9:30 am - 9:32 am)
	LC Paper No. CB(1)661/16-17 (issued on 10 March 2017)	-	Minutes of the special meeting on 14 December 2016
II.	Information papers issued since the meeting on 6 February 2017
	LC Paper No. CB(1)545/16-17(01) (issued on 10 February 2017)	-	Email dated 1 February 2017 from a member of the public on the proposed Bank of Communications (Hong Kong) Limited (Merger) Bill (English version only) (Restricted to members)
	LC Paper No. CB(1)566/16-17(01), (02) and (03) (issued on 17 February 2017)	-	Information papers provided by Hon CHAN Chun-ying on the proposed Bank of Communications (Hong Kong) Limited (Merger) Bill ((01) is in Chinese version only while (03) is in English version only and restricted to members)
	LC Paper No. CB(1)567/16-17(01) (issued on 17 February 2017)	-	Administration's paper on "Agreement Establishing the European Bank for Reconstruction and Development"
	LC Paper No. CB(1)568/16-17 (issued on 17 February 2017)	-	Quarterly Report of the Securities and Futures Commission (October to December 2016)
III.	Date of next meeting and items for discussion (9:32 am - 9:35 am)
	LC Paper No. CB(1)660/16-17(01) (issued on 14 March 2017)	-	List of outstanding items for discussion
	LC Paper No. CB(1)660/16-17(02) (issued on 15 March 2017)	-	List of follow-up actions
*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV, V, VII and VIII. Item IV is a funding proposal while items V, VII and VIII involve legislative proposals.IV.	Hong Kong's participation and membership in the Asian Infrastructure Investment Bank (9:35 am - 10:20 am)
	LC Paper No. CB(1)660/16-17(03) (issued on 9 March 2017)	-	Administration's paper on "Hong Kong's participation and membership in the Asian Infrastructure Investment Bank"
	LC Paper No. FS03/16-17 (issued on 14 March 2017)	-	Fact sheet on Hong Kong's participation in the Asian Infrastructure Investment Bank prepared by the Research Office of Legislative Council Secretariat
*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV, V, VII and VIII. Item IV is a funding proposal while items V, VII and VIII involve legislative proposals.V.	Proposed amendments to the Inland Revenue Ordinance to extend profits tax exemption to onshore privately offered open-ended fund companies (10:20 am - 10:50 am)
	LC Paper No. CB(1)660/16-17(04) (issued on 9 March 2017)	-	Administration's paper on "Proposed extension of profits tax exemption to onshore privately offered open-ended fund companies"
	LC Paper No. CB(1)660/16-17(05) (issued on 14 March 2017)	-	Background brief on open-ended fund company structure prepared by the Legislative Council Secretariat
VI.	The independent Insurance Authority budget for the financial year 2017-2018 (10:50 am - 11:20 am)
	LC Paper No. CB(1)660/16-17(06) (issued on 9 March 2017)	-	Administration's paper on "Independent Insurance Authority budget for the Financial Year 2017-18"
	LC Paper No. CB(1)660/16-17(07) (issued on 14 March 2017)	-	Updated background brief on the Establishment of and financial arrangements for the independent Insurance Authority prepared by the Legislative Council Secretariat
*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV, V, VII and VIII. Item IV is a funding proposal while items V, VII and VIII involve legislative proposals.VII.	Proposed amendments to the Banking Ordinance to enable the implementation of international standards for banking regulation in Hong Kong (11:20 am - 11:50 am)
	LC Paper No. CB(1)660/16-17(08) (issued on 9 March 2017)	-	Administration's paper on "Proposed amendments to the Banking Ordinance"
	LC Paper No. FS04/16-17 (issued on 15 March 2017)	-	Fact sheet on international standards for measuring and controlling large exposures prepared by the Research Office of Legislative Council Secretariat
*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV, V, VII and VIII. Item IV is a funding proposal while items V, VII and VIII involve legislative proposals.VIII.	Update on Implementation of automatic exchange of financial account information in tax matters (11:50 am - 12:40 pm)
	LC Paper No. CB(1)660/16-17(09) (issued on 10 March 2017)	-	Administration's paper on "Update on implementation of automatic exchange of financial account information in tax matters"
	LC Paper No. CB(1)660/16-17(10) (issued on 14 March 2017)	-	Updated background brief on automatic exchange of information for tax purposes prepared by the Legislative Council Secretariat
IX.	Any other business (12:40 pm - 12:45 pm)

^{* All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV, V, VII and VIII. Item IV is a funding proposal while items V, VII and VIII involve legislative proposals.}

Council Business Division 1
Legislative Council Secretariat
15 March 2017