here - The Hong Kong Institute of Chartered Secretaries

THE INSTITUTE AND THE REGULATORS
19
Institute Representation
The Institute maintains a close dialogue and relationship
with the regulators. Throughout the year the Institute
receives invitations for representatives to sit on various
panels and working groups to contribute professional
opinions. A list of current representatives is listed on
pages 35 and 36.
Technical Submissions
During the year, the Institute submitted comments to:
(a) Financial Services and the Treasury Bureau on -
(i) the “Consultation on Proposals relating
to the Trust Account Arrangement under
Professional Development
The Institute maintains its status as an approved
“recognised institution for providing Continuous
Professional Training” to the Securities and Futures
Commission for licensed persons under the Securities
and Futures Ordinance (SFO).
(ii)
the Companies (Corporate Rescue) Bill”
in October 2003;
the “Consultation Paper on the Proposals
to (a) Enhance the Oversight of the Public
Interest Activities of Auditors and (b)
Establish a Financial Reporting Review
Panel” in October 2003;
The Institute successfully organised the fifth Annual
Corporate & Regulatory Update (ACRU) seminar in
March 2004 which was supported by Hong Kong
Exchanges and Clearing Limited, Official Receiver’s
Office and Securities and Futures Commission. Officials
from the regulators presented the latest legal and
regulatory development at the seminar.
(iii) the “ Consultation on Proposed
Amendments to the Companies
Ordinance to Facilitate Offers of Shares
and Debentures” in November 2003;
(iv) the “Consultation Paper on the Proposals
to Enhance the Regulation of Listing” in
December 2003; and
ANNUAL REPORT 2004
THE HONG KONG INSTITUTE OF COMPANY SECRETARIES