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Policy Statement & Submission

2006/05/15

Listing Rules - Statutory Backing [Date of Issue 2006/05/15]

15 May 2006

Mr Frederick Ma Shi-hang
Secretary for Financial Services and the Treasury
Hong Kong SAR Government
8/F, West Wing, Central Government Offices
Ice House Street
Central
Hong Kong



Dear Fred,

We note media reports suggesting that the Government intends to soon present proposals for Statutory Backing to Listing Rules to the Legislative Council for debate. We believe to do so would be premature, as there remain numerous shortcomings inherent to the proposals in their current state, and that these need to be worked out through further consultation.

Sincerely,




David Eldon
Chairman

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