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Deputy CS to visit GZ, Macau

Deputy Chief Secretary Cheuk Wing-hing will leave Hong Kong on a two-day visit to Guangzhou and Macau this afternoon.   He will meet with Guangdong Provincial Government and Guangzhou Municipal Government leaders, besides attending the signing ceremony for an agreement on civil service staff exchange and collaboration in the Greater Bay Area.   This afternoon, Mr Cheuk will first of all meet with Guangdong Provincial Government leaders to discuss issues of mutual concern and strengthen exchange and co-operation on various fronts. He will then join Secretary for the Civil Service Ingrid Yeung to attend the abovementioned signing ceremony.   In the evening, he will attend the opening ceremony of the third Guangdong-Hong Kong-Macao Greater Bay Area Culture & Arts Festival.   Along with Secretary for Labour & Welfare Chris Sun, Mr Cheuk will tomorrow morning attend a welcome ceremony for young people employed under the Greater Bay Area Youth Employment Scheme, before meetin
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Insurance authority review welcomed

Financial Secretary Paul Chan today welcomed the publication of the first Annual Report of the Process Review Panel for the Insurance Authority.    Mr Chan said the panel plays an important role in enhancing the accountability of the authority in the exercise of its regulatory powers.   In its inaugural term, the panel conducted a comprehensive review of the internal procedures and operational guidelines of the authority through detailed examination of selected cases.    The process review panel selected and reviewed 30 cases, which straddled various regulatory functions of the authority, including complaint handling, authorisation of insurers, licensing of intermediaries and exercise of statutory power. It made a number of observations and recommendations to the authority for its consideration.   The report, which is the first one of the panel summarising its work and recommendations, is conducive to ensuring the authority exercises its regulatory powers in a fair and consistent manner.   The panel is an independent panel established with the approval of the Chief Executive.   The panel reviews and advises the authority on the adequacy of its internal procedures and operational guidelines governing the actions taken and operational decisions made by the authority and its staff in the performance of it regulatory functions.   Click here for the report.
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