TNAG-1611-FCO40-2214-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1987 — Page 17

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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In addition, senior staff of both Offices

attended various seminars and conferences to exchange

views and experiences with overseas regulatory authorities.

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In order to enhance skills within the

Administration we have also made arrangements for an

accountant experienced in auditing banks to be seconded

from an auditing firm to the Office of the Commissioner of

Banking for a period of

years. It is our intention to

continue this practice in some form in the future.

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An overall review of the training needs of staff of the two offices will be conducted when the findings and

recommendations of the Securities Review Committee on the

operation and management of the two offices are available.

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Sir, I do not, however, see these measures as obviating the need for recourse to outside consultants

from time to time to provide specialist advice. It would

be extravagant to recruit and retain within Government

service people with the highly specialised skills required quite to undertake one-off tasks, apart from the fact that such people could not be accommodated within existing Government pay scales. Furthermore, it may be necessary to have independent and impartial specialist advice in a particular case. So I believe that it is right for the

Government to continue to employ outside consultants if

the need arises.

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