Financial Services and the Treasury Bureau
財經事務及庫務局 | |
![]() Emblem of the Hong Kong SAR | |
Bureau overview | |
---|---|
Formed | 1 July 2002 |
Jurisdiction | Hong Kong Government |
Headquarters | 24/F, Central Government Offices, 2 Tim Mei Avenue, Tamar, Hong Kong |
Minister responsible | |
Deputy Minister responsible |
|
Bureau executives |
|
Parent Bureau | Financial Secretary |
Child agencies |
|
Website | www.fstb.gov.hk |
![]() |
Politics and government of Hong Kong |
Related topics ![]() |
Financial Services and the Treasury Bureau | |||||||||
---|---|---|---|---|---|---|---|---|---|
Traditional Chinese | 財經事務及庫務局 | ||||||||
|
Financial Services and the Treasury Bureau (FSTB) is a part of the thirteen policy bureaux for the Hong Kong Special Administrative Region. They are responsible for developing and executing government policy on finance and treasury. The agency was established on 1 July 2002. The current (since 1 July 2017) Secretary for Financial Services and the Treasury is Christopher Hui and the under secretary is Joseph Chan.
History[]
Financial Services Bureau was established on 1 July 1997. The previous form is Financial Services Branch under Colonial Hong Kong, headed by the Secretary for Financial Services.
Finance Bureau was established on 1 July 1997. The previous form is Finance Branch under Colonial Hong Kong, headed by the Secretary for the Treasury.
Financial Services Bureau and Finance Bureau were merged to become Financial Services and the Treasury Bureau on 1 July 2002, headed by the Secretary for Financial Services and the Treasury. A Financial Services Branch and a Treasury Branch were created within the Bureau, each headed by a permanent secretary of D8 rank on the Directorate Pay Scale.
In March 2021, the FSTB announced proposed changes to the Companies Registry, where information on companies would begin to be hidden.[1] In response, David Webb said that such changes "will facilitate corruption, fraud and other crimes."[1] The New York Times also said that those changes could potentially benefit Chinese Communist Party officials, as families of top officials had bought property in Hong Kong using companies.[2]
Past Secretaries[]
British Hong Kong[]
Before 1976[]
Office Title | Officeholder | Term |
---|---|---|
Deputy Financial Secretary | Arthur Grenfell Clarke | 1945–1951 |
John James Cowperthwaite | 1952–1961 | |
Charles Philip Haddon-Cave | 1969–1971 | |
David Jeaffreson | 1972–1976 |
After 1976[]
Office Title | Officeholder | Term | Office Title | Officeholder | Term |
---|---|---|---|---|---|
Secretary for Monetary Affairs | 1976–1985 | Deputy Financial Secretary | 1976–1984[3] | ||
1984–1987[4] | |||||
1985–1992 | John Francis Yaxley | 1987–1989[5] | |||
Hamish Macleod | 1 March 1989 – 31 March 1989 | ||||
Michael David Cartland | January 1993 – March 1993 | Secretary for the Treasury | 1989–1991 | ||
Yeung Kai-yin | 1991–1993 | ||||
Secretary for Financial Services | 1993–1995 | Donald Tsang | 1993–1995 | ||
Rafael Hui | 1995–1997 | Kwong Ki Chi | 1995–1997 |
Hong Kong SAR[]
Office Title | Officeholder | Term | Office Title | Officeholder | Term |
---|---|---|---|---|---|
Secretary for Financial Services | Rafael Hui | 1997–2000 | Secretary for the Treasury | Kwong Ki Chi | 1997–1998 |
Stephen Ip | 2000–2002 | Denise Yue | 1998–2002 | ||
Secretary for Financial Services and the Treasury | Frederick Ma | 2002–2007 | Under Secretary for Financial Services and the Treasury | Julia Leung | 2008–2013 |
Ceajer Chan | 2007–2017 | ||||
James Lau | 2014–2017 | ||||
James Lau | 2017-2020 | Joseph Chan | 2017-present | ||
Christopher Hui | 2020- |
References[]
- ^ a b Candice Chau (30 March 2021). "Hong Kong to block public access to private company information". Hong Kong Free Press HKFP. Retrieved 30 March 2021.
- ^ Stevenson, Alexandra (7 April 2021). "Hong Kong Courts the Rich as China Tightens Its Grip". The New York Times. ISSN 0362-4331. Retrieved 7 April 2021.
- ^ "Archived copy". Archived from the original on 31 March 2008. Retrieved 5 October 2009.
{{cite web}}
: CS1 maint: archived copy as title (link) - ^ "Hong Kong Housing".
- ^ "Hong Kong Housing".
External links[]
- Hong Kong Government
- Hong Kong government policy bureaux