TNAG-2125-FCO40-3032-Banking-situation-in-Hong-Kong-1990 — Page 38

J. E. W. KIRBY

Head of International Division (International Financial Institutione

and Developing Countries)

01-601 4174

Ms R M Marsden

Hong Kong Department

Foreign and Commonwealth Office King Charles Street

London

SW1A 2AH

Dur Romald

JARDINE FLEMING BANKING LICENCE

BY FAX

BANK OF ENGLAND

LONDON EC2R 8AH

16 May 1990

I attach a copy of the sections of the Banking Commissioner's Annual Report for 1989 which deal with the new structure for

Annex B sets out the authorisation of deposit-taking institutions. criteria for authorisation in what, I think, is the most easily

accessible form for your purposes.

Jours

John.