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Financial and Monetary Affairs

Another function related to the fund is currency issuance. Bank notes in denominations of $20, $50, $100, $500 and $1,000 are issued by three note-issuing banks: Bank of China (Hong Kong) Limited, the Hongkong and Shanghai Banking Corporation Limited and Standard Chartered Bank (Hong Kong) Limited. The note-issuing banks may issue currency notes only by surrendering non-interest-bearing USD backing at a fixed exchange rate of HK$7.80 to US$1. In July, the HKMA and the three banks announced the issue of the 2018 new series of Hong Kong banknotes, which incorporated advanced security features.

Through the HKMA, the government issues $10 currency notes and coins in denominations of $10, $5, $2, $1, 50 cents, 20 cents and 10 cents. The value of all notes and coins in circulation at the end of 2018 was $497 billion.

Websites

Companies Registry: www.cr.gov.hk

Companies Registry e-Registry: www.eregistry.gov.hk Company Search Mobile Service: www.mobile-cr.gov.hk Financial Dispute Resolution Centre: www.fdrc.org.hk Financial Reporting Council: www.frc.org.hk

Financial Services and the Treasury Bureau: www.fstb.gov.hk Financial Services Development Council: www.fsdc.org.hk

Hong Kong Deposit Protection Board: www.dps.org.hk

Hong Kong Exchanges and Clearing Limited: www.hkex.com.hk Hong Kong Monetary Authority: www.hkma.gov.hk

Insurance Authority: www.ia.org.hk

Investor and Financial Education Council: www.ifec.org.hk

Mandatory Provident Fund Schemes Authority: www.mpfa.org.hk Official Receiver's Office: www.oro.gov.hk

Securities and Futures Commission: www.sfc.hk

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