ARPAKZ
CONFIDENTIAL
VISIT TO LONDON OF THE GOVERNOR OF HONG KONG, SIR D WILSON KCMG :
18-20 JULY 1988
SECURITIES REVIEW COMMITTEE REPORT
Points to Make
1. Hope your speech in the City today went well. Are you confident that the reforms now underway will safeguard Hong Kong's reputation
a financial centre?
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2. Have the impression that Hay Davison's recommendations have been generally well received. Any resistance to change from vested
interests, eg small traders who benefitted from the unregulated ways
of the old system?
3. What did the Management Committee of the Stock Exchange decide
today about the future reorganisation?
4. What is the future for the Futures Exchange? Does Hong Kong
need such an Exchange?
5. Essential that the recommendations in the Hay Davison report are
implemented as quickly as possible. This will require not only
rapid action by Hong Kong Government but also the co-operation of
the industry itself.
No comments yet.
Private notes are available after approval.