Annex B

Tentative Timetable for Establishing

the new Securities and Futures Commission (SFC)

12 July 1988

July

-

August

. The principles for the establishment of

the SFC to be submitted to ExCo for

consideration.

Consolidation of proposals in the light

of ExCo's advice.

Drafting of the necessary legislation to

establish the SFC.

Arrival of the Consultant to the

Government.

Detailed arrangements for existing staff

of the Commissioner's Office to be

worked out.

Work to start on drawing up the outline

organizational and staffing structure of

the SFC.

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