TNAG-1836-FCO40-2611-Executive-Council-of-Hong-Kong-memoranda-and-minutes-of-meet-1989 — Page 81

Date

23 August to late September 1988

1

2

Major event

Consultation with relevant advisory committees, selected market organisations and professional groups on the outline drafting instructions for the SFC Bill.

23 September to early 1988

November

29 September 1988

Consultation with professional bodies the more important proposed SFC Bill.

market

organisations,

and advisory committees on draft provisions of the

Governor approved candidates proposed by the SEHK for election of members to the new Council at the AGM on 17 October 1988.

17 October 1988

18 October 1988

22 November 1988

8 December 1988

Mid December 1988

AGM of the reconstituted SEHK with 16 members elected to the new Council.

Governor

approved 5

proposed by SEHK for

Council as lay members.

independent persons appointment to the new

sir Q W Lee elected as Chairman of the SEHK Council. Appointment of Mr Francis Yuen as the Chief Executive of SEHK, replacing Mr Robert Fell.

the role of the Securities upon departure of

Mr Robert Owen assumed Commissioner for Mr Ray Astin.

The Commodities principle the

Trading Commission approved in constitution and rules of the HKFE Clearing Corporation formed as a wholly owned subsidiary of HKFE.

Preliminary consultation with market bodies, professional groups and advisory committees on the full text of the draft SFC Bill.