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EPA Class Work Set up supervisory authorities

EPA Class Work Set up supervisory authorities. 3B Doris Ko (12)(it) Liona Li (22)(it) Priscilla Li (24) Kelly Ling (26) Chole Lo (28) **Kimberly Lu (29). Set up supervisory authorities. The role of the Government. Independent non-governmental statutory body. Regulate the

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EPA Class Work Set up supervisory authorities

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  1. EPA Class WorkSet up supervisory authorities 3B Doris Ko (12)(it) Liona Li (22)(it) Priscilla Li (24) Kelly Ling (26) Chole Lo (28) **Kimberly Lu (29)

  2. Set up supervisory authorities The role of the Government Independent non-governmental statutory body Regulate the securities and futures markets in Hong Kong The Securities and the Futures Commission of Hong Kong Provide protection for members investing in or holding financial products Maintain and promote the fairness, efficiency, competitiveness, transparency and orderliness of the industry Improve reputation among external stakeholders and the public Minimize crime and misconduct in the industry Promote understanding and functioning of the securities and futures industry Assist the Financial Secretary in maintaining the financial stability of Hong Kong

  3. Regulate the telecommunications Industry (internet service , wireless service, public Wi-Fi services) Statutory body Office of the Telecommunications Authority Fulfill community's expectations Management of radio frequency spectrum Enforcement of fair competition Maintaining Hong Kong as a pre-eminent Telecommunications centre Provide a fair regulatory environment

  4. Law Enforcement Anti-Corruption Laws ICAC Monitor the operation Landmark Cases Check and Balances Prevention and Education Hold some preventive education programmes Staff Code of conduct Balancing forces: Chief Executive, Legislative Council, Separate Power of Prosecution etc. To fight against corruption and ensure Hong Kong to become one of the cleanest places in the world

  5. Hong Kong Monetary Authority Maintain currency stability Linked Exchange Rate System Interest Rate Adjustment Mechanism Promote safety & stably banking system regulation of banking business business of taking deposits Supervise the operation of banking industry supervision of authorised institutions enhance the efficiency, integrity and development of the financial system

  6. Inland Revenue Department Collect revenue efficiently and cost-effectively Responsible for the administration of the Hong Kong taxes and duties Provide courteous and effective service to the taxpaying public Promote compliance through rigorous enforcement of law, education and publicity programmes Promote Hong Kong prosperity and stability

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