Panel on Financial Affairs

Meeting on
Monday, 1 March 2021, at 9:30 am
in Conference Room 1 of the Legislative Council Complex

Revised agenda
(as at 26 February 2021)

I.

Confirmation of minutes of meeting and matters arising


(9:30 am - 9:32 am)

LC Paper No. CB(1)619/20-21
(issued on 25 February 2021)

-Minutes of the policy briefing-cum-meeting on 7 December 2020

II.

Information papers issued since the meeting on 1 February 2021



LC Paper No. FS01/20-21
(issued on 1 February 2021)

-Fact sheet on "Bond markets in Hong Kong and Singapore" prepared by the Research Office of Legislative Council Secretariat

LC Paper No. CB(1)603/20-21(01)
(issued on 22 February 2021)

-2019-2020 Annual Report of the Process Review Panel for the Securities and Futures Commission

LC Paper No. CB(1)613/20-21
(issued on 23 February 2021)

-Quarterly Report of the Securities and Futures Commission (October to December 2020)

III.

Date of next meeting and items for discussion


(9:32 am - 9:35 am)

LC Paper No. CB(1)604/20-21(01)
(issued on 25 February 2021)

-List of outstanding items for discussion

LC Paper No. CB(1)604/20-21(02)
(issued on 25 February 2021)

-List of follow-up actions

IV.

Budget of the Mandatory Provident Fund Schemes Authority for the financial year 2021-2022


(9:35 am - 10:15 am)

LC Paper No. CB(1)604/20-21(03)
(issued on 22 February 2021)

-Administration's paper on "Mandatory Provident Fund Schemes Authority Budget for the Financial Year 2021-22"

V.

Budget of the Insurance Authority for the financial year 2021-2022


(10:15 am - 10:55 am)

LC Paper No. CB(1)604/20-21(04)
(issued on 22 February 2021)

-Administration's paper on "Insurance Authority Budget for the Financial Year 2021-22"

LC Paper No. CB(1)604/20-21(05)
(issued on 25 February 2021)

-Updated background brief on the establishment of and financial arrangements for the Insurance Authority prepared by the Legislative Council Secretariat

VI.

Budget of the Financial Reporting Council for the financial year 2021-2022


(10:55 am - 11:30 am)

LC Paper No. CB(1)604/20-21(06)
(issued on 22 February 2021)

-Administration's paper on "Financial Reporting Council Budget for the Financial Year 2021-22"

LC Paper No. CB(1)604/20-21(07)
(issued on 25 February 2021)

-Updated background brief on the work of the Financial Reporting Council prepared by the Legislative Council Secretariat

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items VII and VIII. Item VII involves legislative proposals and item VIII involves a funding proposal.VII.

Rules on contractual stays on termination rights in financial contracts for banks under the Financial Institutions (Resolution) Ordinance (Cap. 628)


(11:30 am - 11:55 am)

LC Paper No. CB(1)604/20-21(08)
(issued on 22 February 2021)

-Administration's paper on "Financial Institutions (Resolution) Ordinance (Cap. 628) - Financial Institutions (Resolution) (Contractual Recognition of Suspension of Termination Rights - Banking Sector) Rules"

LC Paper No. CB(1)604/20-21(09)
(issued on 25 February 2021)

-Background brief on proposed rules on contractual stays on termination rights in financial contracts for banks under the Financial Institutions (Resolution) Ordinance (Cap. 628) prepared by the Legislative Council Secretariat

*Legend symbol denoting All other Hon Legislative Council Members are invited to join the discussion of Agenda Items VII and VIII. Item VII involves legislative proposals and item VIII involves a funding proposal.VIII.

100% Personal Loan Guarantee Scheme


(11:55 am - 12:25 pm)

LC Paper No. CB(1)629/20-21(01)
(issued on 26 February 2021)

- Administration's paper on "100% Personal Loan Guarantee Scheme"

IX.

Any other business


(12:25 pm - 12:30 pm)

* All other Hon Legislative Council Members are invited to join the discussion of Agenda Items VII and VIII. Item VII involves legislative proposals and item VIII involves a funding proposal.

Council Business Division 1
Legislative Council Secretariat
26 February 2021