Subcommittee on Six Pieces of Subsidiary Legislation Relating to the Implementation of the Uncertificated Securities Market Regime (Agenda) 24 March 2025

Subcommittee on Six Pieces of Subsidiary Legislation Relating to the Implementation of the Uncertificated Securities Market Regime
Meeting on Monday, 24 March 2025,
from 2:30 pm to 6:30 pm
in Conference Room 4 of the Legislative Council Complex
Agenda

I. 
Meeting with the Administration
(2:30 pm - 6:25 pm)
Follow-up to issues arising from the previous meeting

LC Paper No. CB(1)453/2025(01)-List of follow-up actions arising from the meeting on 21 March 2025
LC Paper No. CB(1)453/2025(02)-Administration’s response to issues raised at the meeting on 21 March 2025

Section-by-section examination of L.N. 14 to L.N. 19 of 2025

L.N. 14 of 2025
(published in the Gazette on 14 February 2025)		-Securities and Futures Ordinance (Amendment of Schedule 8) Order 2025
L.N. 15 of 2025
(published in the Gazette on 14 February 2025)		-Securities and Futures (Uncertificated Securities Market) Rules
L.N. 16 of 2025
(published in the Gazette on 14 February 2025)		-Securities and Futures (Approved Securities Registrars) Rules
L.N. 17 of 2025
(published in the Gazette on 14 February 2025)		-Securities and Futures (Stock Market Listing) (Amendment) Rules 2025
L.N. 18 of 2025
(published in the Gazette on 14 February 2025)		-Securities and Futures (Open-ended Fund Companies) (Amendment) Rules 2025
L.N. 19 of 2025
(published in the Gazette on 14 February 2025)		-Securities and Futures Ordinance (Amendment of Schedule 5) Notice 2025
File Ref: CO/2/10C Pt.24-Legislative Council Brief
LC Paper No. LS11/2025-Legal Service Division Report
LC Paper No. CB(1)371/2025(01)-Letter dated 28 February 2025 from the Legal Service Division to the Administration
LC Paper No. CB(1)371/2025(02)-Administration’s response to the Legal Service Division’s letter dated 28 February 2025
LC Paper No. CB(1)371/2025(04)
(Restricted to members only)		-Marked-up copy of the relevant provisions amended by the Securities and Futures Ordinance (Amendment of Schedule 8) Order 2025 prepared by the Legal Service Division
LC Paper No. CB(1)371/2025(05)
(Restricted to members only)		-Marked-up copy of the relevant provisions amended by the Securities and Futures (Stock Market Listing) (Amendment) Rules 2025 prepared by the Legal Service Division
LC Paper No. CB(1)371/2025(06)
(Restricted to members only)		-Marked-up copy of the relevant provisions amended by the Securities and Futures (Open-ended Fund Companies) (Amendment) Rules 2025 prepared by the Legal Service Division
LC Paper No. CB(1)371/2025(07)
(Restricted to members only)		-Marked-up copy of the relevant provisions amended by the Securities and Futures Ordinance (Amendment of Schedule 5) Notice 2025 prepared by the Legal Service Division

(A list of relevant papers previously issued is available on the Legislative Council website)
In attendance:
Mr Francis HO Siu-hong, JP
Deputy Secretary for Financial Services and the Treasury (Financial Services)1

Mr Larry CHU Ho
Principal Assistant Secretary for Financial Services and the Treasury (Financial Services)2

Miss Carol LAM Ka-lo
Senior Government Counsel, Department of Justice

Mr Jonas WONG Chung-yin
Government Counsel, Department of Justice

Mr Rico LEUNG
Executive Director, Supervision of Markets, Securities and Futures Commission

Ms Thrity MUKADAM
Senior Director, Supervision of Markets, Securities and Futures Commission

Ms SIEW Suet-peng
Associate Director, Supervision of Markets, Securities and Futures Commission

Mr Peter SZE
Senior Counsel, Legal Services Division, Securities and Futures Commission

II. 
Any other business
(6:25 pm - 6:30 pm)

Council Business Divisions
Legislative Council Secretariat
24 March 2025