Hon KP Chan on Central Government’s Measures to Implement the RQFII Scheme and Support Hong Kong’s Insurance Companies to Enter the Mainland Market: Mr Li Keqiang, Vice-Premier of the State Council, announced during his visit to Hong Kong in August this year 36 measures of the Central Government to support Hong Kong’s social and economic …
Following is a question by Hon KP Chan on Non-Compliant Employer and Officer Records set up by the MPFA: Recently, the Mandatory Provident Fund Schemes Authority (“MPFA”) has launched an online searching platform, the “Non-Compliant Employer and Officer Records” (“NCEOR”), which sets out more than 3 700 criminal and civil records including those on failure …
At the Legislative Council meeting commencing on 2 March 2011, the motion on “Promoting Personal Financial Management Education” moved by Hon CHAN Kin-por was carried. This is a report on the follow-up action taken by the Administration. 2. The Government has been attaching great importance to personal financial management education. The existing primary and secondary …
Hon KP Chan on the Regulation of MPF Intermediaries 1. Recently, many MPF providers have launched funds with Administration fees lower than 1%, when would that be reflected in the overall average administration fees published by the MPFA? 2. If the MPF compliance rules and administration procedures can be further automated or simplified, there will …
Motion on “MPF Administrative Fees and Returns”（2011.04.04） Read More »
Question on the Second Stage Public Consultation on Healthcare Reform in the Estimates of Expenditure 2011-12 by Hon KP Chan: It is mentioned in Programme (1) of the Food and Health Bureau (Health Branch) that the Matters Requiring Special Attention in 2011-12 include analysing the views and suggestions received during the Second Stage Public Consultation …
Question on the risk of accidents in construction industry in the Estimates of Expenditure 2011-12 by Hon KP Chan: In view of the higher risk of accidents in construction industry as compared with other industries, will the Government set aside resources for a study on imposing heavier penalty on construction employers, contractors and sub-contractors with …
Question on the inclusion of investment-linked assurance scheme products in the Permissible Investment Asset class in the Estimates of Expenditure 2011-12 by Hon KP Chan: It is stated in Programme (1) of Head 70 that the Immigration Department adopts liberal immigration schemes to facilitate entry of talent, professionals and investors. Will the Administration inform this …
Question on the detailed proposals on the establishment of a Policyholders’ Protection Fund in the Estimates of Expenditure 2011-12 by Hon KP Chan: According to the Controlling Officer’s Report in Head 148 – Government Secretariat: Financial Services and the Treasury Bureau (Financial Services Branch) in Volume IA, the Government will prepare detailed proposals on the …
Question on continue to engage the industry on proposals on the establishment of an independent Insurance Authority in the Estimates of Expenditure 2011-12 by Hon KP Chan: According to Head 148 – Government Secretariat: Financial Services and the Treasury Bureau (Financial Services Branch), the Administration will prepare detailed proposals on the establishment of an independent …
Following is a question on the approval of investment-linked insurance products under the Capital Investment Entrant Scheme by the Hon KP Chan: An “Eligible Collective Investment Scheme” under the Permissible Investment Asset Classes of the Capital Investment Entrant Scheme must be a collective investment scheme authorised by the Securities and Futures Commission for sale in …
