Distinguished guests, ladies and gentlemen, good afternoon. First of all, congratulations to HSBC on this inaugural summit, and thanks for giving me this opportunity to speak today.
“New Networks Connecting the Global Economy” is the theme of this summit. As a regulator, the Securities and Futures Commission (SFC) plays a key role in connecting Hong Kong’s capital markets and the world’s on the policy and regulatory fronts. Just in February and March, I visited Paris and then Beijing. At a conference with leading regulators in Paris, we advanced the cause of interoperability between various global standards in sustainable finance. In Beijing, we met with the new chairman of the China Securities Regulatory Commission Mr. Wu Qing to explore further expansion of our Connect schemes. Just last Friday, we organised a business roundtable in Hong Kong with Dubai Financial Services Authority CEO Mr. Ian Johnston to discuss the regime for Hong Kong-domiciled funds to distribute in Dubai and the UAE.
In short, there is plenty for us to do to build new networks and reinforce old ties, as we forge ahead to chart a new pathway for Hong Kong as an international financial centre.
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