Transcript of remarks by SLW on carer support
Following is the transcript of remarks by the Secretary for Labour and Welfare, Mr Chris Sun, on carer support at a media session after officiating at the opening ceremony of the First Hong Kong Creative Aging Arts Festival this afternoon (August 8):
Reporter: In view of the tragic case yesterday, what would the Government do to improve the support system?
Secretary for Labour and Welfare: First of all, I am deeply saddened by the tragic case in Kwun Tong yesterday. Over the years, the Government has allocated resources to provide support at various levels to our elderly and the disabled, including residential care services and day care services. Recently, we have introduced a 24-hour Designated Hotline for Carer Support 182 183 for carers. If they have any needs for support, either emotional or need for respite services, they can just call 182 183 for support. We have also launched a Pilot Scheme on Supporting Elderly and Carers in two districts, Southern District and Tsuen Wan, making use of the District Services and Community Care Teams, to go around the districts and look for elderly families that are at risk. For those in need, we will provide them with services and they can make calls immediately. We will seriously consider to extend such services to other districts.
(Please also refer to the Chinese portion of the transcript.)
Source: AI-generated images
Government appoints Chairman of Securities and Futures Commission
The Government announced today (October 14) that the Chief Executive has, pursuant to the Securities and Futures Ordinance (Cap. 571), appointed Dr Kelvin Wong Tin-yau as the Chairman of the Securities and Futures Commission (SFC) for a term of three years from October 20, 2024, to October 19, 2027.
Dr Wong was a Non-Executive Director (NED) of the SFC from 2012 to 2018 and a member of the Listing Committee of the Stock Exchange of Hong Kong Limited from 2007 to 2013. He is currently the Chairman of the Accounting and Financial Reporting Council (AFRC).
The Financial Secretary, Mr Paul Chan, said, "Dr Wong has been dedicated to serving the financial services industry of Hong Kong, with extensive experience in the operation of the securities and futures markets, capital market development, corporate governance and financial regulatory matters. Under his stewardship, the AFRC smoothly implemented the accounting and audit regulatory reforms, bringing Hong Kong's regulatory regime in line with international developments. I expect that under Dr Wong's leadership, the SFC will continue to uphold its dual role as a regulator and facilitator of market development to ensure the fair, transparent and orderly operation of the local securities and futures markets, and to strive for reforms and innovations, with a view to solidifying and enhancing Hong Kong's status as an international financial centre."
Dr Wong will continue to serve as the Chairman of the AFRC up to December 31, 2024.
With the incumbent SFC Chairman, Mr Tim Lui Tim-leung, completing his tenure, Mr Chan said, "Under Mr Lui's leadership, the SFC actively supports the Government's policies, seamlessly collaborates with other financial regulators in Hong Kong, and closely monitors the financial market to ensure an orderly and smooth operation. The SFC continues to promote innovations such as implementing a number of market reform measures in co-ordination with the Hong Kong Exchanges and Clearing Limited, and with the staunch support of the central ministries, proactively furthers the development of the Connect Schemes with the Mainland. The SFC also persistently fosters the development of regulatory regimes, with examples including the implementation of the licensing regime for virtual asset trading platforms to facilitate the sustained responsible development of the sector. Moreover, the SFC actively participates in international regulatory co-operation and standard formulation. I extend my heartfelt gratitude to Mr Lui for his well-recognised achievements over his six-year leadership of the SFC."
