Panel on Financial Affairs

Meeting on
Monday, 7 December 2015, at 9:45 am
in Conference Room 1 of the Legislative Council Complex

Revised agenda
(as at 3 December 2015)

I.

Information papers issued since last meeting



LC Paper No. CB(1)226/15-16(01)
(issued on 2 December 2015)

-Administration's response to issues raised by Hon LEE Cheuk-yan relating to (a) reducing the high management fees of the Mandatory Provident Fund ("MPF") system; and (b) arrangement for offsetting Severance Payment or Long Service Payment under MPF system

LC Paper No. CB(1)245/15-16(01)
(issued on 3 December 2015)

-Letter dated 27 November 2015 from Hon Charles Peter MOK on issues relating to development of financial technologies in Hong Kong (Chinese version only)

II.

Date of next meeting and items for discussion


(9:45 am - 9:50 am)

LC Paper No. CB(1)209/15-16(01)
(issued on 3 December 2015)

-List of outstanding items for discussion

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items III to VI. Item V is a funding proposal while item VI is a staffing proposal.III.

Briefing by the Financial Secretary on Hong Kong's latest overall economic situation


(9:50 am - 11:00 am)

LC Paper No. CB(1)160/15-16(01)
(issued on 16 November 2015)

-Third Quarter Economic Report 2015 and the press release

LC Paper No. CB(1)209/15-16(02)
(issued on 1 December 2015)

-Administration's paper on Hong Kong's recent economic situation and near-term outlook

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items III to VI. Item V is a funding proposal while item VI is a staffing proposal.IV.

2016-2017 Budget consultation


(11:00 am - 12:00 pm)

LC Paper No. CB(1)209/15-16(03)
(to be tabled at the meeting)

-Information pack for the Financial Secretary's consultations on the 2016-2017 Budget

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items III to VI. Item V is a funding proposal while item VI is a staffing proposal.V.

Funding proposal relating to the establishment of an independent Insurance Authority


(12:00 pm - 12:30 pm)

LC Paper No. CB(1)209/15-16(04)
(issued on 30 November 2015)

-Administration's paper on "Proposed lump sum provision for the establishment of an Independent Insurance Authority and exit arrangements for insurance officer grade officers"

LC Paper No. CB(1)209/15-16(05)
(issued on 3 December 2015)

-Background brief on the funding proposal relating to the establishment of an independent Insurance Authority prepared by the Legislative Council Secretariat

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items III to VI. Item V is a funding proposal while item VI is a staffing proposal.VI.

Proposed creation of a permanent directorate post in the International and Mainland Affairs Division of the Financial Services Branch of the Financial Services and the Treasury Bureau


(12:30 pm - 1:00 pm)

LC Paper No. CB(1)209/15-16(06)
(issued on 30 November 2015)

-Administration's paper on "Creation of a Permanent Administrative Officer Staff Grade C 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)209/15-16(07)
(issued on 3 December 2015)

-Background brief on the creation of a permanent directorate post in the International and Mainland Affairs Division of the Financial Services Branch of the Financial Services and the Treasury Bureau prepared by the Legislative Council Secretariat

VII.

Any other business


(1:00 pm - 1:05 pm)

* All other Hon Legislative Council Members are invited to join the discussion of Agenda Items III to VI. Item V is a funding proposal while item VI is a staffing proposal.

Council Business Division 1
Legislative Council Secretariat
3 December 2015