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Author Archives: hksar gov

International Reserves and Foreign Currency Liquidity

The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) released today (July 31) the analytical data on the Hong Kong Special Administrative Region’s foreign currency reserves and foreign currency liquidity as at the end of June 2018 (Annex). These data are published monthly in the Template on International Reserves and Foreign Currency Liquidity in accordance with the International Monetary Fund’s Special Data Dissemination Standard.

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     At present, four press releases relating to the Exchange Fund’s data are issued by the HKMA each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund’s Special Data Dissemination Standard (SDDS). The fourth press release, on the Exchange Fund’s Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA’s policy of maintaining a high level of transparency. For the month of July 2018, the scheduled dates for issuing the press releases are as follows:
 

July 6
(Issued)

 
SDDS International Reserves
(Hong Kong’s Latest Foreign Currency Reserve Assets Figures)
 
July 13
(Issued)
 
SDDS Analytical Accounts of the Central Bank
(Analytical Accounts of the Exchange Fund)
 
July 31

 
SDDS Template on International Reserves and Foreign Currency Liquidity
 
July 31

 
Exchange Fund Abridged Balance Sheet and Currency Board Account
 
 
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Annual updating of declarations of interests by CE, politically appointed officials and ExCo Members

     A Government spokesman said today (July 31) that the Chief Executive (CE), politically appointed officials and Members of the Executive Council (ExCo) have updated their annual declarations of interests, and the updated declarations are available on government websites for public inspection.
 
     The updated declaration of interests of the Chief Executive has been uploaded to the website of the Chief Executive’s Office (www.ceo.gov.hk/eng/links.html). The declarations of interests of politically appointed officials, made in accordance with the Code for Officials under the Political Appointment System (PAO Code), have also been updated and uploaded to the websites of the respective offices or bureaux.

     Information on the registrable interests of ExCo Members (including the President as well as ex-officio and non-official ExCo Members) has also been uploaded to the ExCo website after updating (www.ceo.gov.hk/exco/eng/interests.html). 

     The PAO Code stipulates that politically appointed officials shall declare their investments and interests on appointment and annually thereafter, and these declarations are required to be uploaded to the websites of the respective offices or bureaux. The CE voluntarily observes the above declaration arrangement. ExCo Members are likewise required to declare their registrable interests on appointment and annually thereafter, and these declarations are to be uploaded to the ExCo website.  read more