Mr Carler
Reference...
24
Hong Kong Credit tus mance
Corporation
On the question of whether the organization should have been a Government Department
Statutory corporation, I have flagged all the references, in file FED 421/400/03
a
65-66.
3 for 2 It seems that after considering the pros and come, and pointing out that it would mean easier access to credit information, the Working Party under Cater's chairmanship. recommended (at Flag () in June 1963, that I should be directly within the Commerce Industry Department. Then in Oct/Now 1964,
*
A
3
R.A. Freeman of UK. ECGD made an investigation in 4th and in his report (Hag) and D), while positing out the advantages and disadvantages of each Cype of organiation, recommended, on balance, the establishment of a seperate Corporation. At Flag E in December, 1965,
We
are told that Exco reversed iti
previous decision that the organisation should be a Govt Dept, and endorsed Freemans recommendation
3) Hong Kong were therefore, aware
of the difficulties that a
Corporation might encounter in obtaining information that would be available to a Govt department. 4J A first attempt at
ضا
a draft reply
the Governor from Lord Shepherd is attached
Krown
19.4.68
I have Gwen copies of (13) = (22) to N.. Cowperthwaite
Who has undertaken to consider
any arguments we cared
The thesis in (22)
use
whether there are
to controvert
that the H.K. E.c.i.c. i
in one
already well suphed with material. Bo in
month.
Lon
17/5