MR CHAN KIN-POR (in Chinese): President, the work for establishing Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen (Qianhai) is in progress, and it is expected that by 2020, Qianhai will become internationalized with a first-rate modern service industry system. According to the Overall Development Plan on Hong Kong/Shenzhen Cooperation on Modern Service …
Policies on Insurance 1) Stop over regulation and help develop business opportunities Following the Lehman Brothers incident, the primary concern of the Government has been preventing recurrence of financial disasters. It is paying more attention to regulation than business development. On the contrary, our competitor Singapore has been aggressive in business development. The new Financial …
Policy Address Proposals of Hon KP Chan to the Chief Executive（2012.11.15） Read More »
Hon CHAN Kin-por to ask: The Merchant Shipping (Local Vessels) (Amount of Insurance Cover) Notice, made under the Merchant Shipping (Local Vessels) (Compulsory Third Party Risks Insurance) Regulation (Cap. 548 sub. leg. H), stipulates that the amounts of minimum liability cover for a local vessel carrying more than 12 or up to 12 fare-paying passengers …
Speech by Hon KP Chan on the Mandatory Provident Fund Schemes (Amendment) (No. 2) Bill 2011 at the Legislative Council Meeting on June 21st, 2012 Compared to retirement schemes elsewhere, the Mandatory Provident Fund in Hong Kong is the most immature with the lowest contribution rate and asset balances. In general, pension systems require at …
Motion on “Mandatory Provident Fund Schemes (Amendment) (No. 2) Bill 2011″（2012.06.21） Read More »
Additional Question by Hon KP Chan: The diagnosis-related groups (DRG) methodology, also known as service packages, are highly attractive to consumers because of increased transparency in healthcare charges which brings certainty to the patient budget. Although DRGs and service packages are the more the merrier as far as the patients are concerned, they are apparently …
Question by the Hon KP Chan on legal aid cases related to claims for traffic accidents or work-related injuries in the Legislative Council Meeting on May 23rd, 2012 Some members of the insurance industry have reflected to me that in recent years, some law-breakers abetted persons involved in traffic accident or occupational injury claims to …
Question on the Enforcement of the Employees’ Compensation Ordinance by Hon KP Chan: Under the Employees’ Compensation Ordinance (Cap. 282) (the Ordinance), all employers must at present take out employees’ compensation insurance policies (EC policies) for their employees and in 2010, the Labour Department instituted 1 294 prosecutions against employers who had not taken out …
Question by Hon KP Chan on Industrial Accidents in the Construction Industry at the Legislative Council on January 11th, 2012 A serious industrial accident occurred recently at a works site of the Government’s Water Supplies Department (WSD) where a worker was killed in an explosion on his first day of work. Industrial accidents occurred frequently …
Speech of the Hon KP Chan on Motion on Alleviating Hardship of Small and Medium Enterprises in Taking out Insurance at the Legislative Council on December 14th, 2011 Lately, certain industries are having problems in insuring for employee compensation and vehicle third-party risk. Actually, not only are these industries frustrated, the insurance industry is disturbed …
Motion on “Alleviating Hardship of SMEs in Taking out Insurance”（2011.11.14） Read More »
Hon KP Chan on Motion on Comprehensive Reform of MPF Scheme (Synopsis):
