MR. LAI : Sir, is the Government only prepared to make

and supervising the financial

reforms

in monitoring

markets of Hong Kong after

Securities Review Committee's

the publication

of the

report?

And will the

to

If

Government inform this Council whether it is prepared

adopt all the recommendations made by the committee?

otherwise, what criteria will the Government use for

considering the recommendations of that committee?

HIS EXCELLENCY THE PRESIDENT : Financial Secretary, you

may answer the first part of that question. I think the

second part should be the subject of a separate

a separate question

if you want to pursue it. It goes rather away from the

original question and answer.

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