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SFST to attend Lujiazui Forum in Shanghai tomorrow

HK

SFST to attend Lujiazui Forum in Shanghai tomorrow
HK

HK

SFST to attend Lujiazui Forum in Shanghai tomorrow

2024-06-18 18:30 Last Updated At:06-19 01:20

Secretary for financial services and the treasury to address international monetary policy challenges at 2024 lujiazui forum in shanghai, promoting high-quality financial development and market growth.

The Secretary for Financial Services and the Treasury, Mr Christopher Hui, will depart for Shanghai tomorrow (June 19) to attend the 2024 Lujiazui Forum.

This year's forum will take place on June 19 and 20 under the theme "Promoting World Economic Growth with High-quality Financial Development". Mr Hui will address the second plenary session "Strengthening International Monetary Policy Coordination and Addressing the Challenges of Global Economic Recovery" on June 19, sharing his views on how to cope with challenges and promote market development under the current international monetary policy from three perspectives, namely global monetary policy and real economic performance, financial stability and financial market development.

The 15th Lujiazui Forum, co-hosted by the Shanghai Municipal People's Government, the People's Bank of China, the National Financial Regulatory Administration and the China Securities Regulatory Commission, is an authoritative financial forum in the country and an influential international platform for high-level financial dialogues. A number of top government officials and leaders of financial regulators from the country and abroad, heads of international financial organisations and financial institutions as well as renowned experts and scholars have been invited to speak at the forum to offer their unique insights.

During his stay, Mr Hui will visit a local financial market institution and fintech enterprises.

The Permanent Secretary for Financial Services and the Treasury (Financial Services), Ms Salina Yan, will also attend the 2024 Luijiazui Forum and join other programmes of the visit.

Mr Hui will return to Hong Kong in the evening on June 20. During his absence, the Under Secretary for Financial Services and the Treasury, Mr Joseph Chan, will act as the Secretary for Financial Services and the Treasury.

Source: AI-generated images

Source: AI-generated images

Employers, contractors and employees should be aware of electrical safety at work during rainstorm

As the rainstorm warning has been issued by the Hong Kong Observatory, the Labour Department (LD) reminds employers and contractors that they should adopt necessary work arrangements and take suitable safety measures to protect the safety of their employees when they are carrying out electrical work or handling electrical plant.

A spokesman for the LD said today (July 14) that employers and contractors should avoid assigning employees to carry out electrical work (like electric arc welding work) or handle electrical plant at places affected by rainstorms, and should refer to the "Code of Practice in Times of Adverse Weather and 'Extreme Conditions'" and the "Guide on Safety at Work in times of Inclement Weather" issued by the LD.

Even if electrical work is carried out or electrical plant is handled at places not affected by the rainstorm, suitable safety measures must still be adopted to prevent electric shock as the air would be more humid. Such measures include:

(i) Ensure that all live parts of an electrical installation are isolated from the power supply source and rendered dead, and the isolation from the power supply source must be maintained as long as electrical work is being carried out;

(ii) Before carrying out any electrical work or handling any electrical plant, cut off and lock out the power supply source, then test the circuit concerned to confirm it is dead and display suitable warning notices, and issue a work permit thereafter;

(iii) Ensure that protective devices (such as suitable and adequate fuses and circuit breakers) for the electrical installations or electrical plant have been installed and maintained in good working order, and portable electric tools must be double-insulated or properly earthed;

(iv) Provide suitable personal protective equipment such as insulating gloves and insulating mats for employees; and

(v) If live electrical work is unavoidable, a comprehensive risk assessment should be conducted by a competent person and the appropriate safety precautions should be taken to remove or properly control the electrical hazards involved before such work can proceed.

In addition, employees should co-operate with the employer or contractor to follow the safety instructions and use the safety equipment provided.

The LD has published guidebooks and leaflets on electrical work safety. These safety publications are available free from divisional offices of the department or can be downloaded from its website (www.labour.gov.hk/eng/public/content2_8.htm).

Should there be any questions about occupational safety and health matters, please contact the Occupational Safety Officer of the LD at 2559 2297.

Source: AI-generated images

Source: AI-generated images

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