Panel on Financial Affairs

Meeting on
Monday, 3 June 2013, at 9:30 am
in Conference Room 1 of the Legislative Council Complex

Revised agenda
(as at 31 May 2013)

I.

Confirmation of minutes of meeting and matters arising


(9:30 am - 9:32 am)

LC Paper No. CB(1)1131/12-13
(issued on 27 May 2013)

-Minutes of the meeting on 4 March 2013

II.

Information papers issued since the last meeting



LC Paper No. CB(1)1137/12-13(01)
(issued on 27 May 2013)

-Administration's letter dated 24 May 2013 on public consultation conducted by the Securities and Futures Commission on proposed amendments to the professional investor regime and the client agreement requirements

LC Paper No. CB(1)1154/12-13(01)
(issued on 28 May 2013)

-Letter dated 22 April 2013 from Hon TANG Ka-piu on the impact of the Foreign Account Tax Compliance Act of the United States on Mandatory Provident Fund schemes in Hong Kong (Chinese version only)

LC Paper No. CB(1)1154/12-13(02)
(issued on 30 May 2013)

-Administration's written response dated 24 May 2013 to issues raised in Hon TANG Ka-piu's letter on the impact of Foreign Account Tax Compliance Act of the United States on Mandatory Provident Fund schemes in Hong Kong

LC Paper No. CB(1)1168/12-13(01)
(issued on 30 May 2013)

-Letter dated 13 May 2013 from Hon Dennis KWOK on issues arising from the cancellation of sale contracts of hotel room units at The Apex Horizon (Chinese version only)

LC Paper No. CB(1)1168/12-13(02)
(issued on 30 May 2013)

-Letter dated 20 May 2013 from Hon Albert HO on issues arising from the cancellation of sale contracts of hotel room units at The Apex Horizon (Chinese version only)

LC Paper No. CB(1)1168/12-13(03)
(issued on 30 May 2013)

-Securities and Futures Commission's written response dated 24 May 2013 to issues raised in the letters of Hon Dennis KWOK and Hon Albert HO arising from the cancellation of sale contracts of hotel room units at The Apex Horizon

LC Paper No. CB(1)1175/12-13(01)
(issued on 30 May 2013)

-Letter dated 29 May 2013 from Hon Christopher CHEUNG proposing discussion on the Securities and Futures Commission's proposed amendments to the professional investor regime and the client agreement requirements (Chinese version only)

LC Paper No. CB(1)1175/12-13(02)
(issued on 30 May 2013)

-Letter dated 24 May 2013 from Hon KWOK Wai-keung proposing discussion on regulatory issues relating to travel insurance arising from the incident of hot air balloon crash in Egypt (Chinese version only)

LC Paper No. CB(1)962/12-13(01)
(issued on 30 April and 30 May 2013)

-Administration's written response dated 29 April 2013 to issues raised by Hon KWOK Wai-keung on regulatory issues relating to travel insurance arising from the incident of hot air balloon crash in Egypt

III.

Date of next meeting and items for discussion


(9:32 am - 9:35 am)

LC Paper No. CB(1)1128/12-13(01)
(issued on 30 May 2013)

-List of outstanding items for discussion

LC Paper No. CB(1)1128/12-13(02)
(issued on 30 May 2013)

-List of follow-up actions

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV and V. Item V involves a legislative proposal.IV.

Briefing by the Financial Secretary on Hong Kong's latest overall economic situation


(9:35 am - 10:45 am)

LC Paper No. CB(1)1028/12-13(01)
(issued on 13 May 2013)

-First Quarter Economic Report 2013 and the press release

LC Paper No. CB(1)1128/12-13(03)
(issued on 27 May 2013)

-Administration's paper on "Hong Kong's Recent Economic Situation and Near-term Outlook"

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV and V. Item V involves a legislative proposal.V.

Sponsor regulation and other investor protection initiatives


(10:45 am - 11:40 am)

LC Paper No. CB(1)1128/12-13(04)
(issued on 27 May 2013)

-Administration's paper on "Sponsor Regulation and Other Investor Protection Initiatives"

LC Paper No. CB(1)1128/12-13(05)
(issued on 30 May 2013)

-Background brief on sponsor regulation and other investor protection initiatives prepared by the Legislative Council Secretariat

VI.

Regulation of automated trading services


(11:40 am - 12:40 pm)

LC Paper No. CB(1)1128/12-13(06)
(issued on 30 May 2013)

-Paper provided by the Securities and Futures Commission on regulation of automated trading services

LC Paper No. CB(1)1128/12-13(07)
(issued on 27 May 2013)

-Joint letter dated 20 May 2013 from Hon Dennis KWOK and Hon KWOK Ka-ki on issues arising from the voluntary surrender by the Hong Kong Mercantile Exchange of its authorization to provide automated trading services (Chinese version only)

LC Paper No. CB(1)1128/12-13(08)
(issued on 27 May 2013)

-Letter dated 20 May 2013 from Hon Albert HO on issues arising from the voluntary surrender by the Hong Kong Mercantile Exchange of its authorization to provide automated trading services (Chinese version only)

LC Paper No. CB(1)1157/12-13(01)
(issued on 30 May 2013)

-Letter dated 24 May 2013 from Hon Albert HO on issues arising from the voluntary surrender by the Hong Kong Mercantile Exchange of its authorization to provide automated trading services (Chinese version only)

LC Paper No. FS28/12-13
(issued on 31 May 2013)

-Fact sheet on "Regulation of automated trading services" prepared by the Legislative Council Secretariat (Chinese version only)

VII.

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 and V. Item V involves a legislative proposal.

Council Business Division 1
Legislative Council Secretariat
31 May 2013