TNAG-2352-FCO40-3422-Visits-by-Lord-Caithness--Minister-of-State-for-Foreign-and--1991 — Page 42

CONFIDENTIAL

FM HONG KONG

TO DESKBY 20080OZ FCO

TELNO 2314

OF 2008OOZ JULY 91

CONFIDENTIAL

203

110504 MDHIAN 6194

RECHE

HKD $26/1

29 JUL 1991

TOP COPY QD'ST?

PA

RESIDENT CLERK PLEASE PASS TO PS/LORD CAITHNESS.

YOUR TELNO 1331: LORD CAITHNESS'S VISIT: BRIEFING ON THE LIQUIDATION OF BCC CHONG KONG).

•

1 I WOULD EXPECT THAT MOST OF THE ISSUES RELATED TO THIS SUBJECT THAT ARE LIKELY TO BE RAISED WITH LORD CAITHNESS WOULD CONCERN THE HONG KONG GOVERNMENT'S HANDLING OF TH BCC CHONG KONG) AFFAIR. BUT LORD CAITHNESS WILL WISH TO BE BRIEFED ON THE LATEST DEVELOPMENTS IN THE UK, INCLUDING THE COMMITTEE OF ENQUIRY. HE MAY BE ASKED IF HE THINKS IT APPROPRIATE THAT HONG KONG TOO SHOULD SET UP A COMMITTEE OF ENQUIRY. ON THIS, AND ON ALL OTHER QUESTIONS RELATED TO BCC (HONG KONG), I AGREED THAT HE SHOULD TAKE THE LINE THAT THIS IS ENTIRELY A MATTER FOR THE HONG KONG AUTHORITIES. HONG KONG HAS FOR MANY YEARS HAD TOTAL AUTONOMY IN THE HANDLING OF ITS FINANCIAL AND MONETARY AFFAIRS.

2. MIFT CONTAINS A SUMMARY OF LATEST DEVELOPMENTS, INCLUDING THE LIQUIDATION OF BCC (HK) AND THE SHORT-LIVED NEWS ON THE DAO HENG BANK AND THE INTERNATIONAL BANK OF ASIA.

WILSON

YYYY

ΜΑΙΝ

26

LIMITED

HKD

NEWS D

NNNN

DISTRIBUTION

26

PS/LORD CAITHNESS

MR BURNS

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