Panel on Financial Affairs

Meeting on
Monday, 5 November 2012, at 10:45 am
in Conference Room 3 of the Legislative Council Complex

Agenda

I.

Confirmation of minutes of meeting and matters arising



LC Paper No. CB(1)88/12-13
(issued on 29 October 2012 vide LC Paper No. CB(1)89/12-13)

-Minutes of the meeting on 16 October 2012

II.

Information papers issued since the regular meeting on 10 July 2012



LC Paper No. CB(1)2341/11-12(01)
(issued on 10 July 2012)

-Administration's paper on second quarterly report of 2012 on Employees Compensation Insurance - Reinsurance Coverage for Terrorism

LC Paper No. CB(1)2381/11-12(01)
(issued on 17 July 2012)

-Administration's paper on "Comprehensive Avoidance of Double Taxation Agreements"

LC Paper No. CB(1)2601/11-12(01)
(issued on 19 September 2012)

-Administration's paper on final version of the "Guidelines on Conduct Requirements for Registered Intermediaries"

LC Paper No. CB(1)29/12-13(01)
(issued on 16 October 2012)

-Administration's paper on third quarterly report of 2012 on Employees Compensation Insurance - Reinsurance Coverage for Terrorism

LC Paper No. CB(1)78/12-13(01)
(issued on 26 October 2012)

-Administration's paper on the Executive Summary of the consultation paper on "Key legislative proposals on establishment of an independent Insurance Authority"

III.

Date of next meeting and items for discussion


(10:45 am - 10:50 am)

LC Paper No. CB(1)91/12-13(01)
(issued on 31 October 2012)

-List of outstanding items for discussion

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV to VI, which involve legislative proposals.IV.

Proposed legislation to facilitate development of an Islamic Bond (sukuk) market in Hong Kong - Inland Revenue and Stamp Duty Legislation (Alternative Bond Schemes) (Amendment) Bill


(10:50 am - 11:35 am)

LC Paper No. CB(1)91/12-13(02)
(issued on 29 October 2012)

-Administration's paper on "Inland Revenue and Stamp Duty Legislation (Alternative Bond Schemes) (Amendment) Bill"

LC Paper No. CB(1)91/12-13(03)
(issued on 31 October 2012)

-Background brief on the proposed legislation to facilitate development of an Islamic Bond market in Hong Kong prepared by the Legislative Council Secretariat

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV to VI, which involve legislative proposals.V.

Exchange of tax information with other jurisdictions


(11:35 am - 12:10 pm)

LC Paper No. CB(1)91/12-13(04)
(issued on 29 October 2012)

-Administration's paper on "Comprehensive Avoidance of Double Taxation Agreements and Exchange of Tax Information Arrangements"

LC Paper No. IN03/12-13
(issued on 31 October 2012)

-Information note on "Exchange of tax information with other jurisdictions in Hong Kong" prepared by the Legislative Council Secretariat

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV to VI, which involve legislative proposals.VI.

Proposed Member's Bill to amend the Professional Accountants Ordinance


(12:10 pm - 12:40 pm)

LC Paper No. CB(1)91/12-13(05)
(issued on 29 October 2012)

-Paper on "The Hong Kong Institute of Certified Public Accountants' Proposed Member's Bill to amend the Professional Accountants Ordinance (Cap. 50)" provided by Hon Kenneth LEUNG's office

VII.

Any other business


(12:40 pm - 12:45 pm)

* All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV to VI, which involve legislative proposals.

Council Business Division 1
Legislative Council Secretariat
31 October 2012