The Transport Department (TD) today (October 30) alerted members of the public to fraudulent SMS messages purportedly issued by the HKeToll. The SMS messages spoof the name of "HKeToll" and provide a hyperlink to… read more
The following is issued on behalf of the Legislative Council Secretariat:
The Legislative Council (LegCo) will hold a meeting on Wednesday (November 1) at 11am in the Chamber of the LegCo Complex. During the meeting, the Stamp Duty (Amendment) (Stock Transfers) Bill 2023 will be introduced into the Council for the First Reading and the Second Reading. The Second Reading debate on the Bill will be adjourned.
The Inland Revenue (Amendment) (Disposal Gain by Holder of Qualifying Equity Interests) Bill 2023, the Supplementary Appropriation (2022-2023) Bill and the Waterworks (Amendment) Bill 2023 will also be introduced into the Council for the First Reading and the Second Reading. The Second Reading debate on the Bills will be adjourned.
On Member’s Bill, the Second Reading debate on the Chinese University of Hong Kong (Amendment) Bill 2023 will resume. If the Bill is supported by Members and receives its Second Reading, it will stand committed to the committee of the whole Council. After the committee of the whole Council has completed consideration of the Bill and its report is adopted by the Council, the Bill will be set down for the Third Reading.
On Members’ motions, Ms Starry Lee will move a motion on implementing patriotic education in greater depth and breadth. The motion is set out in Appendix 1. Mr Lee Chun-keung, Mr Stanley Ng and Dr Hoey Simon Lee will move separate amendments to Ms Lee’s motion.
Ms Lam So-wai will also move a motion on improving policies and measures relating to family support. The motion is set out in Appendix 2. Mr Stanley Li will move separate amendment to Ms Lam’s motion.
Members will also ask the Government 22 questions on various policy areas, six of which require oral replies.
The agenda of the above meeting can be obtained via the LegCo Website (www.legco.gov.hk). Members of the public can watch or listen to the meeting via the “Webcast” system on the LegCo Website. To observe the proceedings of the meeting at the LegCo Complex, members of the public may call 3919 3399 during office hours to reserve seats. read more
The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (October 30) that in view of a notification from the World Organisation for Animal Health (WOAH) about outbreaks of highly pathogenic … read more
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) today (October 30) released the “e-HKD Pilot Programme Phase 1 Report” to discuss the key findings, learnings, and the HKMA’s assessment of 14 pilots conducted by the 16 participating firms (see Annex) under Phase 1 of the e-HKD Pilot Programme. The report also sets out the next steps of the e-HKD Pilot Programme.
The pilots under Phase 1 showed that an e-HKD could add unique value to the current payment ecosystem in Hong Kong in three main areas, these include programmability, tokenisation, and atomic settlement. An e-HKD has the potential to facilitate faster, more cost-efficient, and more inclusive transactions. It can also enable new types of economic transactions. However, the HKMA recognises that these pilots are conducted on a small scale under a controlled environment. Further investigation and evaluation are required to determine if these benefits can be realised at a larger scale in real-life applications.
The HKMA has not yet made a decision on whether and when to introduce an e-HKD. The outcomes and insights gained from Phase 1 of the e-HKD Pilot Programme will help enrich the HKMA’s perspective and refine its approach to the possible implementation of e-HKD. The next phase of the programme will seek to explore new use cases for an e-HKD and delve deeper into select pilots from Phase 1.
The Chief Executive of the HKMA, Mr Eddie Yue, said, “Phase 1 of the e-HKD Pilot Programme has examined many innovative use cases of an e-HKD and has provided valuable insight to the HKMA on how an e-HKD can potentially add tangible value to businesses and consumers. These pilots have also raised a number of areas for future study. We thank all participating firms for their strong interest in the programme, and look forward to continuing our close partnership with the industry in our exploration of central bank digital currencies.”
The report is available on the HKMA website. Details of each pilot can be found in the factsheets and supplementary reports prepared by the pilot participants, accessible via the links in Appendix A of the report. read more
The Leisure and Cultural Services Department (LCSD) announced today (October 30) that hire charges for holding wedding ceremonies in six selected leisure venues under the LCSD will be adjusted starting from February 1, 2024. &nbs… read more