TNAG-1733-FCO40-2446-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 80

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not free to

disclose confidential information to the

Commissioner for Securities and Commodities Trading or the

Insurance Authority without seeking my permission in each

With the growing integration of the financial

case.

人

ට

markets and the need for closer cooperation between

supervisors, the number of instances in which consultation

is necessary is increasing. Clause 2 (2) of the

the Bill

therefore amends the principal Ordinance to enable

information to be passed

passed directly to other local

supervisors to assist them in their respective functions.

7.

Sir, I move that the debate on this motion be now

adjourned.

Question on adjournment proposed, put and agreed to.

!