Policy Address

Emerging Markets

101.     We will enhance financial co-operation with emerging markets.  Apart from Islamic finance, we will also tap into business opportunities in Russia, Central Asia, India, South America and other emerging markets to attract more large enterprises to list in Hong Kong and make use of Hong Kong's well-established financial and trading platform to expand their international business.

Investor Protection

102.     On investor protection, we will take forward proposals such as establishing a cross-sector investor education council and a financial dispute resolution scheme, and introducing statutory requirements for listed corporations to disclose price sensitive information in a timely manner.  On the insurance industry, the Government will take into account public views and draft legislation on the establishment of an independent Insurance Authority.  In addition, to further boost market confidence and promote financial stability, we are preparing, in collaboration with the industry, a proposal to establish an insurance policyholders' protection fund.  We hope to consult the public by the end of this year.

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