The following is issued on behalf of the Financial Services Development Council:

     The Financial Services Development Council (FSDC) submitted its response on September 9 to the consultation paper on "Proposed Enhancements to The Stock Exchange of Hong Kong Limited's Decision-Making and Governance Structure for Listing Regulation", which was jointly issued by the Securities and Futures Commission and the Stock Exchange of Hong Kong Limited in June 2016.
 
     The response can be downloaded from the FSDC website: www.fsdc.org.hk/en/publications/2016.
 
About the FSDC
 
     The Hong Kong Special Administrative Region Government established the FSDC in 2013 as a high-level, cross-sectoral advisory body to engage the industry in formulating proposals to promote the further development of Hong Kong's financial services industry and to map out the strategic direction for development.
 
     The FSDC has set up five committees, namely the Policy Research Committee, the Mainland Opportunities Committee, the New Business Committee, the Market Development Committee and the Human Capital Committee.

Ends/Wednesday, November 16, 2016
Issued at HKT 14:30

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