TNAG-1609-FCO40-22131-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1987 — Page 81

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The Committee will be asked to act in accordance

with the following directions:

First,

it should invite submissions

from all interested parties

and from the public;

Second,

its object is to examine

Third,

critically the relevant

structures and systems rather

than to allocate blame or

find fault with named

individuals or institutions

for past events;

it should consider comparable

arrangements in other major

financial centres; and

Lastly,

it should use its best

endeavours to submit its

report within six months; the

Committe

ttee shall have the

power to make such interim

recommendations as it

considers necessary in the

interests of the urgent

protection of investors.