Panel on Financial Affairs

Meeting on
Monday, 2 November 2015, at 10:45 am
in Conference Room 1 of the Legislative Council Complex

Agenda

I.

Confirmation of minutes of meeting and matters arising


(10:45 am - 10:47 am)

LC Paper No. CB(1)58/15-16
(issued on 26 October 2015)

-Minutes of the meeting on 15 October 2015

II.

Information papers issued since the meeting on 6 July 2015



LC Paper No. CB(1)1072/14-15
(issued on 7 July 2015)

-Referral from the Public Complaints Office arising from the meeting between Duty Roster Members and the Hong Kong Unison Limited on 12 January 2015 regarding the policy on the opening of bank accounts by the ethnic minorities (Chinese version only)

LC Paper No. CB(1)1078/14-15(01)
(issued on 7 July 2015)

-Second quarterly report of 2015 on "Employees Compensation Insurance - Reinsurance Coverage for Terrorism"

LC Paper No. CB(1)1183/14-15(01)
(issued on 14 August 2015)

-Administration's paper on "Review of Doubled Ad Valorem Stamp Duty"

LC Paper No. CB(1)1185/14-15(01)
(issued on 17 August 2014)

-Half-yearly Economic Report 2015 and the press release

LC Paper No. CB(1)1188/14-15
(issued on 17 August 2015)

-Quarterly Report of the Securities and Futures Commission (April to June 2015)

LC Paper No. CB(1)1205/14-15(01) and (02)
(issued on 25 August 2015)

-Letter dated 17 July 2015 from Hon WONG Kwok-hing on issues relating to an automatic adjustment mechanism for the Minimum and Maximum Levels of Relevant Income for MPF mandatory contributions (Chinese version only), and the Administration's written response

LC Paper No. CB(4)1313/14-15(02)
(issued on 18 September 2015)

-Third Annual Report on the implementation of Law Reform Commission's recommendations

LC Paper No. CB(1)1284/14-15(01)
(issued on 7 October 2015)

-Administration's paper on consultation conclusions on a risk-based capital framework for the insurance industry of Hong Kong

LC Paper No. CB(1)1300/14-15(01)
(issued on 9 October 2015)

-Administration's letter on Mandatory Provident Fund Schemes (Amendment) Ordinance 2015 (Commencement) (No.2) Notice 2015

LC Paper No. CB(1)1313/14-15(01)
(issued on 13 October 2015)

-Third quarterly report of 2015 on "Employees Compensation Insurance - Reinsurance Coverage for Terrorism"

III.

Date of next meeting and items for discussion


(10:47 am - 10:50 am)

LC Paper No. CB(1)57/15-16(01)
(issued on 28 October 2015)

-List of outstanding items for discussion

*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 on the work of Hong Kong Monetary Authority


(10:50 am - 12:20 pm)

LC Paper No. CB(1)57/15-16(02)
(issued on 26 October 2015)

-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 IV and V. Item V involves a legislative proposal.V.

Proposed implementation of the next phase of the over-the-counter derivatives regulatory regime in Hong Kong


(12:20 pm - 12:50 pm)

LC Paper No. CB(1)57/15-16(03)
(issued on 26 October 2015)

-Administration's paper on "Phase 1 Clearing and Phase 2 Reporting under the Over-the-counter Derivatives Regulatory Regime in Hong Kong"

LC Paper No. CB(1)57/15-16(04)
(issued on 28 October 2015)

-Background brief on the over-the-counter derivatives regulatory regime in Hong Kong prepared by the Legislative Council Secretariat

VI.

Any other business


(12:50 pm - 12:55 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
28 October 2015