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Financial Services and the Treasury Bureau

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Financial Services and the Treasury Bureau
財經事務及庫務局
Emblem of the Hong Kong SAR
Bureau overview
Formed1 July 2002
JurisdictionHong Kong Government
Headquarters24/F, Central Government Offices, 2 Tim Mei Avenue, Tamar, Hong Kong
Minister responsible
Deputy Minister responsible
  • Joseph Chan, Under Secretary for Financial Services and the Treasury
Bureau executives
Parent BureauFinancial Secretary
Websitehttp://www.fstb.gov.hk
Financial Services and the Treasury Bureau
Traditional Chinese財經事務及庫務局
Transcriptions
Yue: Cantonese
Yale RomanizationChòih gīng sih mouh kahp fu mouh guhk
JyutpingCoi2 ging1 si6 mou6 kap6 fu3 mou6 guk6

Financial Services and the Treasury Bureau (Chinese: 財經事務及庫務局) or FSTB is a part of the thirteen policy bureaux for the Hong Kong Special Administrative Region. They are responsible for developing and executing government policy on finance and treasury. The agency was established on 1 July 2002. The current[when?] Secretary for Financial Services and the Treasury is James Lau and the under secretary is Joseph Chan.

History

Financial Services Bureau was established on 1 July 1997. The previous form is Financial Services Branch under Colonial Hong Kong, headed by the Secretary for Financial Services.

Finance Bureau was established on 1 July 1997. The previous form is Finance Branch under Colonial Hong Kong, headed by the Secretary for the Treasury.

Financial Services Bureau and Finance Bureau were merged to become Financial Services and the Treasury Bureau on 1 July 2002, headed by the Secretary for Financial Services and the Treasury. A Financial Services Branch and a Treasury Branch were created within the Bureau,each headed by a permanent secretary of D8 rank on the Directorate Pay Scale.

Past Secretaries

British Hong Kong

Before 1976

Office Title Officeholder Term
Deputy Financial Secretary Arthur Grenfell Clarke 1945–1951
John James Cowperthwaite 1952–1961
Charles Philip Haddon-Cave 1969–1971
David Jeaffreson 1972–1976

After 1976

Office Title Officeholder Term Office Title Officeholder Term
Secretary for Monetary Affairs Douglas Blye 1976–1985 Deputy Financial Secretary Henry Ching 1976–1984[1]
Selwyn Eugene Alleyne 1984–1987[2]
David Nendick 1985–1992 John Francis Yaxley 1987–1989[3]
Hamish Macleod 1 March 1989 – 31 March 1989
Michael David Cartland January 1993 – March 1993 Secretary for the Treasury 1989–1991
Yeung Kai-yin 1991–1993
Secretary for Financial Services 1993–1995 Donald Tsang 1993–1995
Rafael Hui 1995–1997 Kwong Ki Chi 1995–1997

Hong Kong SAR

Office Title Officeholder Term Office Title Officeholder Term
Secretary for Financial Services Rafael Hui 1997–2000 Secretary for the Treasury Kwong Ki Chi 1997–1998
Stephen Ip 2000–2002 Denise Yue 1998–2002
Secretary for Financial Services and the Treasury Frederick Ma 2002–2007 Under Secretary for Financial Services and the Treasury Julia Leung 2008–present
Ceajer Chan 2007–present

References

  1. ^ "Archived copy". Archived from the original on 31 March 2008. Retrieved 5 October 2009. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)CS1 maint: archived copy as title (link)
  2. ^ http://www.cityu.edu.hk/hkhousing/hkha/members/chi_1986-1987.htm
  3. ^ http://www.cityu.edu.hk/hkhousing/hkha/members/chi_1986-1987.htm