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THURSDAY, APRIL 24, 1988
MR TSAO POINTED OUT THAT THE CENSORING AUTHORITIES HAD HAD THE POWER TO CENSOR FILMS ON SUCH GROUNDS SINCE 1953 AND THE NEW CRITERION WAS TIGHTER ON THE CENSOR THAN THE PRESENT ONE.
TURNING TO TELEVISION, MR TSAO SAID THERE WAS AN EVEN GREATER COMMUNITY INPUT IN THE SUPERVISION OF TELEVISION BROADCASTING THAN FILMS WITH THE RECENT SETTING UP OF THE BROADCASTING AUTHORITY WHICH HAD A MAJORITY OF NON-OFFICIAL MEMBERS AND A NON-OFFICIAL CHAIRMAN.
"THE EXISTENCE OF THIS AUTHORITY ENSURES THAT THE GOVERNMENT ITSELF DOES NOT ACT AS THE GUARDIAN OF THE COMMUNITY'S MORALS: THAT JUDGEMENT IS LEFT TO MEMBERS OF THE PUBLIC WHO ARE APPOINTED TO, AND FORM A MAJORITY ON, THE BROADCASTING AUTHORITY," HE SAID.
SELF-REGULATION OF INSURANCE INDUSTRY FAVOURED
THE SECRETARY FOR MONETARY AFFAIRS, MR DAVID NENDICK, SAID THIS (THURSDAY) EVENING THAT HE FAVOURED SELF-REGULATION AS AN ASPECT OF REGULATION OF THE INSURANCE INDUSTRY, SUBJECT то ADEQUATE SAFEGUARDS AND AN APPROPRIATE LEGISLATIVE FRAMEWORK TO ENSURE THAT IT WORKS EFFECTIVELY.
SPEAKING AT THE ANNUAL DINNER OF THE INSURANCE INSTITUTE OF HONG KONG, MR NENDICK HOWEVER SAID THAT THERE MUST BE PROPER MONITORING AND STRICT COMPLIANCE BY THE INDUSTRY TO ITS OWN RULES OF CONDUCT.
"A PROPER BALANCE CAN ONLY BE STRUCK IF THERE IS PROPER DIALOGUE AND CO-OPERATION BETWEEN THE INSURANCE INDUSTRY AND GOVERNMENT BASED UPON MUTUAL TRUST.
"THIS, I HOPE, IS THE BASIS UPON WHICH WE WILL BE ABLE ΤΟ CARRY THE SUBJECT FORWARD HERE IN HONG KONG,
"
HE SAID.
MR NEWDTCK SAID THE INSURANCE INDUSTRY'S WORKING GROUP ON SELF- REGULATION HAD RECENTLY SUBMITTED ITS BROAD PROPOSALS TO GOVERNMENT ON THE INSURANCE CONTRACT LAW AND THE REGULATION OF INSURANCE INTERMEDIARIES.
WHILE WELCOMING THE INITIATIVE OF THE INSURANCE INDUSTRY, MR NENDICK SAID THE GOVERNMENT WAS NOW EXAMINING THESE PROPOSALS TO SEE WHETHER THEY COULD FORM A SOLID FOUNDATION FOR THE EFFECTIVE CONTROL OF INTERMEDIARIES.
/HE SAID