SECRET
нка 23311
SECRET
FM HONG KONG
TO IMMEDIATE FCO
TELNO 908
OF 27074OZ MARCH 92
INFO PRIORITY PEKING, UKREP JLG HONG KONG
032336
MDHIAN 8447
TOP COPY
Q DIST?
Pu
ey 13
713
PERSONAL FOR RICKETTS, HKD.
HMOCS: HMOCS ASSOCIATION GENERAL MEETING.
1. THE ELECTORAL GENERAL MEETING OF THE HMOCS ASSOCIATION WAS
HELD LAST NIGHT. IT WAS ATTENDED BY APPROXIMATELY 290 MEMBERS. MR MICHAEL CARTLAND AND SIX OTHER MODERATE MEMBERS COVERING THE FULL
SPECTRUM OF HMOCS MEMBERSHIP IN HONG KONG WERE ELECTED TO THE
COMMITTEE. THE ELECTED COMMITTEE SUBSEQUENTLY NOMINATED MR. CARTLAND TO SERVE AS CHAIRMAN.
2. MR CARTLAND READ OUT THE LETTER FROM LORD CAITHNESS. HE EXPLAINED THAT THERE WAS A COMMITMENT TO INTRODUCE
COMPENSATION/INCENTIVE ARRANGEMENTS FOR HMOCS OFFICERS IN HONG KONG, THAT HMG HAD NOW FORMULATED A COMPENSATION/INCENTIVE PROPOSAL AND THAT CONSULTATIONS WOULD START SHORTLY.
3. THERE WAS SOME DISCUSSION OF TACTICS. THE ASSOCIATION RESOLVED THAT AS A BASIS FOR THE CONSULTATIONS THE COMMITTEE SHOULD HAVE REGARD TO THE FACTORS IN THE EXISTING LIMITED COMPENSATION SCHEME
AND THE ARRANGEMENTS INTRODUCED IN OTHER TERRITORIES. THE
ASSOCIATION TOOK THE VIEW THAT CONSULTATIONS SHOULD START AS SOON
AS POSSIBLE.
4. THE ASSOCIATION AGREED THAT THIS ISSUE SHOULD BE HANDLED IN A
LOW KEY MANNER AND THAT THEY THEMSELVES WOULD SEEK TO AVOID MEDIA ATTENTION. THEY REAFFIRMED THEIR VIEW THAT THE STERLING SAFEGUARDS ISSUE, EVEN IF IT ONLY APPLIED AFTER 1997, SHOULD BE RESOLVED EXPEDITIOUSLY BY HMG.
WILSON
YYYY
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