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FSDC responds to HKEX consultation on new board and review of GEM
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The following is issued on behalf of the Financial Services Development Council:

     The Financial Services Development Council (FSDC) published its response today (August 7) to the Concept Paper on New Board and the Consultation Paper on Review of the Growth Enterprise Market (GEM) and Changes to the GEM and Main Board Listing Rules, issued by the Hong Kong Exchanges and Clearing Limited (HKEX) in June 2017.
 
     The response can be downloaded from the FSDC website: www.fsdc.org.hk/en/publications/2017.
 
About the FSDC
 
     The Hong Kong Special Administrative Region Government established the FSDC in 2013 as a high-level, cross-sectoral advisory body to engage the industry in formulating proposals to promote the further development of Hong Kong's financial services industry and to map out the strategic direction for development.
 
     The FSDC set up five committees, namely the Policy Research Committee, the Mainland Opportunities Committee, the New Business Committee, the Market Development Committee and the Human Capital Committee, as the five streams of its work.
 
Ends/Monday, August 7, 2017
Issued at HKT 15:22
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