SPEECH BY THE HONOURABLE THE FINANCIAL SECRETARY IN LEGISLATIVE COUNCIL : WEDNESDAY 11 NOVEMBER 1987
FINANCIAL SECRETARY:
Sir,
You announced last week that the Government
intended to draw lessons from recent events in the Stock
and Futures Markets, and, as far as possible, ensure that
those events do not happen again.
Securities Review Committee
7.
The Government has decided that the task should
be carried out by a committee of review, to be known as
the Securities Review Committee, whose terms of reference
will be
In the light of recent events in
the Stock and Futures Markets and
in recognition of the need to
maintain Hong Kong as a major
international financial centre, to
review the constitution, powers,
management and operation of
-
(a) the Hong Kong Stock and
Futures Exchanges;