The Role of Government

1. Set up Supervisory Authorities The Role of Government ICAC OTO SFC The Audit Commission HKMA provide independent audit service to the Legislative Council assist the Financial Secretary in maintaining stability of HK supervise operation of Banking Industries e.g. HSBC ensure stability of HK $ Prevent Bank Run e.g. pledge with US$ help the Government enhance public sector performance and accountability in HK maintain and promote the fairness and efficiency of securities and futures industry maintain the stability of HK market business men have more confident in investing in HK

2. Set up Supervisory Authorities The Role of Government ICAC SFC The Audit Commission HKMA As an independent authority OTO as a community’s watchdog prevent corruption in HK improve quality+efficiency of public sector HK is one of the most incorruptible city in the world, e.g. Not many corruption in HK prevent them from abusing power protect human rights correct all the wrongdoings of the government officials enhance the accountability in HK Businessmen have more confident in investing in HK maintain impartiality+objectivity