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CONFIDENTIAL

3. Mr Keswick has now written to the Prime Minister seeking her

help in securing a full banking licence. We will be preparing a draft reply in consultation with the Treasury and the Bank of

England as well as with the Governor.

foralind Mande

R Marsden

CONFIDENTIAL

Page 60Page 61

CONFIDENTIAL

FM FCO

TO IMMEDIATE HONG KONG

TELNO 912

OF 03183OZ MAY 90

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