Panel on Financial Affairs

Meeting on
Monday, 2 November 2020, at 9:30 am
in Conference Room 1 of the Legislative Council Complex

Agenda

I.

Election of Deputy Chairman


(9:30 am - 10:00 am)

II.

Confirmation of minutes of meeting and matters arising


(10:00 am - 10:02 am)

LC Paper No. CB(1)46/20-21
(issued on 28 October 2020)

-Minutes of the meeting on 15 October 2020

III.

Information papers issued since the meeting on 1 June 2020



LC Paper No. CB(1)701/19-20(01)
(issued on 1 June 2020)

-2019 Annual Report of the Hong Kong Mortgage Corporation Limited

LC Paper No. CB(1)712/19-20(01)
(issued on 2 June 2020)

-2018-2019 Annual Report of the Process Review Panel for the Securities and Futures Commission

LC Paper No. CB(1)743/19-20(01)
(issued on 9 June 2020)

-Administration's paper on Government's Investment in Cathay Pacific Airways Limited under the Land Fund to Uphold Hong Kong's Status as an International Aviation Hub

LC Paper No. CB(1)747/19-20(01)
(issued on 10 June 2020)

-First quarterly report of 2020 on "Employees Compensation Insurance - Reinsurance Coverage for Terrorism"

LC Paper No. CB(1)811/19-20(01) and (02)
(issued on 23 June 2020)

-Letter dated 10 June 2020 from Hon Andrew WAN Siu-kin on issues relating to Securities and Futures Commission's consultation on proposed amendments to the Code on Real Estate Investment Trusts (Chinese version only) and the Administration's response

LC Paper No. CB(1)898/19-20(01)
(issued on 20 July 2020)

-Administration's paper on Review of the Qualifying Criteria under the Securities and Futures (Professional Investor) Rules

LC Paper No. CB(1)936/19-20(01)
(issued on 18 August 2020)

-Second Quarter Economic Report 2020 and the press release

LC Paper No. CB(1)947/19-20(01)
(issued on 25 August 2020)

-The Quarterly Report of the Securities and Futures Commission (April to June 2020)

LC Paper No. CB(1)21/20-21(01)
(issued on 19 October 2020)

-Second quarterly report of 2020 on "Employees Compensation Insurance - Reinsurance Coverage for Terrorism"

IV.

Date of next meeting and items for discussion


(10:02 am - 10:05 am)

LC Paper No. CB(1)48/20-21(01)
(issued on 29 October 2020)

-List of outstanding items for discussion

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items V to VII. Items VI and VII involve legislative proposals.V.

Briefing on the work of Hong Kong Monetary Authority


(10:05 am - 11:35 am)

LC Paper No. CB(1)48/20-21(02)
(issued on 23 October 2020)

-Paper provided by the Hong Kong Monetary Authority

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items V to VII. Items VI and VII involve legislative proposals.VI.

Companies (Corporate Rescue) Bill


(11:35 am - 12:15 pm)

LC Paper No. CB(1)48/20-21(03)
(issued on 23 October 2020)

-Administration's paper on "Legislative Proposals of the Companies (Corporate Rescue) Bill"

LC Paper No. CB(1)48/20-21(04)
(issued on 29 October 2020)

-Updated background brief on the introduction of a statutory corporate rescue procedure and insolvent trading provisions in Hong Kong prepared by the Legislative Council Secretariat

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items V to VII. Items VI and VII involve legislative proposals.VII.

Update on the regulation of insurance-linked securities


(12:15 pm - 12:40 pm)

LC Paper No. CB(1)48/20-21(05)
(issued on 23 October 2020)

-Administration's paper on "Update on the regulation of insurance-linked securities"

LC Paper No. CB(1)48/20-21(06)
(issued on 29 October 2020)

-Background brief on regulation of insurance-linked securities prepared by the Legislative Council Secretariat

VIII.

Any other business


(12:40 pm - 12:45 pm)

* All other Hon Legislative Council Members are invited to join the discussion of Agenda Items V to VII. Items VI and VII involve legislative proposals.

Council Business Division 1
Legislative Council Secretariat
29 October 2020