FSTB initiates exchange with financial services sector on Hong Kong's long-term development
The Financial Services and the Treasury Bureau (FSTB) organised an exchange session with the financial services sector to gather industry leaders to discuss the long-term development of Hong Kong. The exchange session aimed to canvass the industry's views on the direction for the future development of Hong Kong's financial market.
Speaking at the exchange session, the Secretary for Financial Services and the Treasury, Mr Christopher Hui, said, "In pursuance of consolidating and enhancing Hong Kong's status as an international financial centre, a number of elements and conditions are necessary, including our country's policy support, the Government's initiatives, regulatory enhancement, advancement of financial infrastructure and nurturing talent in the industry.
"The FSTB, regulators and the Hong Kong Exchanges and Clearing Limited (HKEX) will strive for excellence and continue to foster the robust growth of Hong Kong's financial market. During this process, the support and co-operation of the financial services sector are indispensable. Today, I invite you to freely speak on the recommendations for the future financial development of Hong Kong, which will provide an important reference for our upcoming policy formulation," Mr Hui added.
The exchange session was held at the HKEX Connect Hall today and was attended by the Under Secretary for Financial Services and the Treasury, Mr Joseph Chan; FSTB officers; the Legislative Council's representative from the financial services constituency, Mr Robert Lee; as well as representatives from the Financial Services Subsector of the Election Committee, industry associations, the Securities and Futures Commission (SFC) and the HKEX. The FSTB, the SFC and the HKEX responded respectively to various recommendations made by the industry representatives, and will follow up on the views collected.
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