OUT TELEGRAM CONT
33:
CONFIDENTIAL
Source
IMMEDIATE
the officers themselves, or to a financial institution on their behalf, or to the UK in such a way as to meet the interests of
all concerned.
21
32.
3. We appreciate that you have considered this kind of proposition in principle before but that you did not, at that stage, consider that a scheme involving the transfer of assets could be devised in a way which would be acceptable to the HKG.
After further discussions here, however, we consider that the way forward rests in working up jointly, in a constructive and imaginative way, the details of arrangements which could be acceptable to both sides. It is important to emphasise that there is no prospect of making progress on questions relating to
the retention of HMOCS officers until this matter has been
examined satisfactorily.
4. The Whitehall team could be ready to leave for Hong Kong in
the near future to discuss this. We would, of course, wish to
arrange a visit in a way which was most convenient to you. We envisage three or four days of intensive discussions involving you or your nominee on key policy issues as well as
detailed technical discussions involving Hong Kong officials
concerned with HMOCS pensions and financial planning and
control.
5. We shall be grateful for your assistance in arranging an
early opportunity for these discussions. Would the week of
9 December be manageable for you? Our team would probably include Mr D Fish, Head of Pensions Dept, ODA, Mrs Brown, Head
of Aid and Overseas Services Division and Mr D Rayson,
Superannuation Division, HM Treasury, Mr G Ballantine,
Government Actuary's Department.
541
For distribution order see Page
Printed in the UK for HMSO 1/91 Dd FCO3275 M 100 CCN 55294
Catchword:
STOCK No. C037C
YFB7