Panel on Financial Affairs

Meeting on
Monday, 4 November 2013, at 9:00 am
in Conference Room 2 of the Legislative Council Complex

Agenda

I.

Confirmation of minutes of meeting and matters arising


(9:00 am - 9:02 am)

LC Paper No. CB(1)139/13-14
(issued on 24 October 2013)

-Minutes of the meeting on 10 October 2013

II.

Information papers issued since the meeting on 5 July 2013



LC Paper No. CB(1)1606/12-13(01)
(issued on 24 July 2013)

-Second quarterly report of 2013 on "Employees Compensation Insurance - Reinsurance Coverage for Terrorism"

LC Paper No. CB(1)1684/12-13(01)
(issued on 12 August 2013)

-Hong Kong Monetary Authority's response to letter dated 4 June 2013 from Hon TANG Ka-piu on issues arising from over-deduction of amounts from Octopus cards

LC Paper No. CB(1)1702/12-13(01)
(issued on 19 August 2013)

-Half-yearly Economic Report 2013 and the press release

LC Paper No. CB(1)1716/12-13
(issued on 21 August 2013)

-Quarterly Report of the Securities and Futures Commission (April to June 2013)

LC Paper No. CB(1)12/13-14(01)
(issued on 8 October 2013)

-Letter dated 30 September 2013 from Hon TANG Ka-piu proposing discussion on improvement measures on the Mandatory Provident Fund system arising from the consultancy study on trustees' administration costs conducted by the Mandatory Provident Fund Schemes Authority in 2012 (Chinese version only)

LC Paper No. CB(1)12/13-14(02)
(issued on 8 October 2013)

-Joint letter dated 3 October 2013 from Hon TANG Ka-piu and Hon KWOK Wai-keung proposing discussion on issues relating to the arrangement for offsetting Severance Payment or Long Service Payment under the MPF system (Chinese version only)

LC Paper No. CB(1)14/13-14(01)
(issued on 9 October 2013)

-Letter dated 11 July 2013 from Hon WONG Kwok-hing proposing discussion on issues relating to bank service charges (Chinese version only)

LC Paper No. CB(1)164/13-14(01)
(issued on 25 October 2013)

-Third quarterly report of 2013 on Employees Compensation Insurance - Reinsurance Coverage for Terrorism

III.

Date of next meeting and items for discussion


(9:02 am - 9:05 am)

LC Paper No. CB(1)155/13-14(01)
(issued on 30 October 2013)

-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 VII. Item IV involves a legislative proposal. Items V to VII are related to staffing and financial proposals.IV.

Briefing on the Inland Revenue (Amendment) Bill 2014


(9:05 am - 9:40 am)

LC Paper No. CB(1)155/13-14(02)
(issued on 28 October 2013)

-Administration's paper on the Inland Revenue (Amendment) Bill 2014

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV to VII. Item IV involves a legislative proposal. Items V to VII are related to staffing and financial proposals.V.

The Asia-Pacific Economic Cooperation Finance Ministers' Meeting 2014


(9:40 am - 10:30 am)

LC Paper No. CB(1)155/13-14(03)
(issued on 28 October 2013)

-Administration's paper on the Asia-Pacific Economic Cooperation Finance Ministers' Meeting 2014

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV to VII. Item IV involves a legislative proposal. Items V to VII are related to staffing and financial proposals.VI.

Proposed retention of a supernumerary directorate post in the Mainland Affairs Division of the Financial Services Branch of the Financial Services and the Treasury Bureau


(10:30 am - 11:05 am)

LC Paper No. CB(1)155/13-14(04)
(issued on 28 October 2013)

-Administration's paper on retention of a supernumerary directorate post in the Financial Services Branch of the Financial Services and the Treasury Bureau for implementation of initiatives to advance financial co-operation with the mainland and international commitments to strengthen financial regulation and maintain financial system stability

LC Paper No. CB(1)155/13-14(05)
(issued on 30 October 2013)

-Background brief on retention of a supernumerary directorate post in the Mainland Affairs Division of the Financial Services Branch of the Financial Services and the Treasury Bureau 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 VII. Item IV involves a legislative proposal. Items V to VII are related to staffing and financial proposals.VII.

Creation of one permanent directorate post to support initiatives of expanding the network of exchange of information arrangements of Hong Kong and one supernumerary directorate post to cope with the increase in volume and complexity of work at the Stamp Office of the Inland Revenue Department


(11:05 am - 11:55 am)

LC Paper No. CB(1)155/13-14(06)
(issued on 28 October 2013)

-Administration's paper on Creation of One Permanent Chief Assessor Post in the Tax Treaty Section and One Supernumerary Chief Assessor Post in the Stamp Office of the Inland Revenue Department

LC Paper No. CB(1)155/13-14(07)
(issued on 30 October 2013)

-Background brief on creation of a permanent directorate post to support initiatives of expanding the network of exchange of information arrangements of Hong Kong and a supernumerary directorate post to cope with the increase in volume and complexity of work at the Stamp Office of the Inland Revenue Department prepared by the Legislative Council Secretariat

VIII.

Any other business


(11:55 am - 12:00 noon)

* All other Hon Legislative Council Members are invited to join the discussion of Agenda Items IV to VII. Item IV involves a legislative proposal. Items V to VII are related to staffing and financial proposals.

Council Business Division 1
Legislative Council Secretariat
30 October 2013