24
WEDNESDAY, MAY 18, 1994
"HE
AS MONETARY
ALSO HAS SPECIFIC STATUTORY RESPONSIBILITY, AUTHORITY, TO PROMOTE THE GENERAL STABILITY AND EFFECTIVE WORKING THE BANKING SYSTEM UNDER THE BANKING ORDINANCE," HE SAID.
OF
OF
THE SFS HAS A BROAD POLICY OVERVIEW ACROSS THE WHOLE RANGE FINANCIAL SERVICES, INCLUDING BANKING, COMPANY MATTERS, INSURANCE, RETIREMENT SCHEMES AND SECURITIES.
APART FROM THE HKMA, THE OTHER BODIES TO WHICH THE FSB RELATES ARE THE SECURITIES AND FUTURES COMMISSION, OFFICE OF THE COMMISSIONER OF INSURANCE, OFFICIAL RECEIVER'S OFFICE, COMPANIES REGISTRY AND THE CENSUS AND STATISTICS DEPARTMENT.
"AN OVERVIEW OF THESE KEY AREAS IS IMPORTANT SINCE THEY ARE INEVITABLY CLOSELY INTERRELATED, SIR HAMISH SAID.
"IN ADDITION, SFS HAS ALSO ASSUMED RESPONSIBILITY IN THE AREA OF GOVERNMENT'S ECONOMIC ANALYSIS, REPORTING AND ADVICE, AFTER TAKING OVER THE ECONOMIC ANALYSIS DIVISION FROM THE ECONOMIC SERVICES IN 1993, HE ADDED.
11
BRANCH
PLANNING FOR CETS REACHES ADVANCED STAGE
PLANNING FOR THE IMPLEMENTATION OF THE COMMUNITY ELECTRONIC TRADING SERVICE (CETS), A PROJECT DESIGNED TO PROMOTE THE USE OF ELECTRONIC DATA INTERCHANGE (EDI) SERVICES IN INTERNATIONAL TRADE, HAD REACHED AN ADVANCED STAGE.
THIS WAS ANNOUNCED BY THE SECRETARY FOR TRADE AND INDUSTRY,
MR TH CHAU, IN A WRITTEN REPLY TO A QUESTION BY THE HON SIMON IP THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
IN
MR CHAU SAID THE INITIAL FOCUS OF THE CETS WAS ON TRADE TRANSACTIONS INVOLVING THE GOVERNMENT SUCH AS THE PROVISION OF EDI SERVICES FOR APPLICATIONS FOR RESTRAINED TEXTILES EXPORT LICENCE (RTEL) AND LODGMENT OF TRADE DECLARATIONS (TD).
THE GOVERNMENT AND TRADELINK ELECTRONIC DOCUMENT SERVICES LTD (TRADELINK), THE COMPANY WHICH HAD ENTERED INTO AN AGREEMENT WITH THE GOVERNMENT TO PROVIDE EDI SERVICES, ARE AIMING TO BEGIN JOINT TESTING BY JANUARY NEXT YEAR.
FOR 1995.
"PENDING THE SUCCESSFUL COMPLETION OF THIS TEST, EDI SERVICES RTELS AND TDS WILL BE LAUNCHED BY TRADELINK TOWARDS THE END OF
EDI SERVICES FOR OTHER GOVERNMENT TRANSACTIONS, SUCH AS TEXTILE QUOTA ENQUIRIES, APPLICATIONS FOR CERTIFICATES OF ORIGIN, AND APPLICATIONS FOR DUTIABLE COMMODITIES PERMITS WOULD BE A LATER STAGE, MR CHAU SAID.
INTRODUCED
AT
/HE SAID