XN000022-1990-12-07 — Page 8

EXPORT LICENSING CONTROL ON 15 MORE CHEMICALS

* * *

FIFTEEN

MORE CHEMICALS

CAPABLE OF

BEING

IN USED

THE

BE BROUGHT

MANUFACTURE OF TOXICOLOGICAL AGENTS FOR MILITARY USE WILL UNDER EXPORT LICENSING CONTROL FROM MONDAY (DECEMBER 10).

AND DETAILS OF THE LICENSING CONTROL ARE SET OUT IN THE IMPORT

SCHEDULE} (NO. 4) EXPORT (GENERAL) REGULATIONS (AMENDMENT OF SECOND ORDER 1990 PUBLISHED IN THE GAZETTE TODAY (FRIDAY).

THE TRADE WAS CHEMICALS

21 OTHER

A PRINCIPAL TRADE OFFICER OF LEUNG, SAID CONTROL OF THESE 15 EXISTING EXPORT LICENSING CONTROL ON SINCE FEBRUARY THIS YEAR.

DEPARTMENT, MR F.W. IN ADDITION ΤΟ THE CHEMICALS INTRODUCED

OF THE

GOVERNMENT TO PREVENT

"THE CHANGE IS PART OF A CONTINUING EFFORT IN CONJUNCTION WITH OTHERS IN THE INTERNATIONAL COMMUNITY PROLIFERATION OF CHEMICAL WEAPONS.

"THE CONTROL

ON THE EXPORT

BASICALLY A PREVENTIVE MEASURE. AT PRESENT, THAT THE TRADE THROUGH HONG KONG HAS CONTRIBUTED PROLIFERATION, MR LEUNG SAID.

OF A NUMBER OF CHEMICALS IS THERE IS NO INDICATION TO THE PROBLEM OF

THE DEPARTMENT

NOTIFYING IS

THE TRADE OF

OF DETAILS

THE

ARRANGEMENT BY CIRCULAR LETTER.

ENQUIRIES MAY BE DIRECTED TO THE TRADE LICENSING (NON-TEXTILES) TOWER, FIFTH FLOOR, 700 BRANCH, TRADE DEPARTMENT, TRADE DEPARTMENT NATHAN ROAD, KOWLOON (TEL. NOS. 398 5576 AND 398 5577).

REGULATIONS TO ENHANCE INSURANCE SUPERVISION

REGULATIONS WHICH REQUIRE AUTHORISED INSURERS TO SUBMIT TO THE INSURANCE AUTHORITY THE ACCOUNTS AND INFORMATION RELATING TO THEIR HONG KONG GENERAL INSURANCE BUSINESS IN PRESCRIBED FORMS ON AN ANNUAL BASIS WERE PUBLISHED IN THE GAZETTE TODAY (FRIDAY).

EXPLAINING THE BACKGROUND TO THE INSURANCE COMPANIES ORDINANCE (AMENDMENT OF THIRD SCHEDULE) REGULATIONS 1990, A GOVERNMENT SPOKESMAN SAID THAT EXTENDING THE SCOPE OF THE INSURERS' REPORTING REQUIREMENTS WOULD ENABLE THE INSURANCE AUTHORITY TO PERFORM HIS PRUDENTIAL SUPERVISORY FUNCTIONS MORE EFFECTIVELY.

"THE ANNUAL RETURNS FOR GENERAL BUSINESS INSURANCE PRESENTLY SUBMITTED BY AUTHORISED INSURERS ΤΟ THE INSURANCE AUTHORITY ONLY RELATE TO THEIR GLOBAL BUSINESS.

/"THESE REGULATIONS