Financial Services and the Treasury Bureau

Financial Services and the Treasury Bureau
財經事務及庫務局

Emblem of the Hong Kong SAR
Bureau overview
Formed 1 July 2002
Jurisdiction Hong Kong Government
Headquarters 24/F, Central Government Offices, 2 Tim Mei Avenue, Tamar, Hong Kong
Minister responsible
Deputy Minister responsible
  • Julia Leung, Under Secretary for Financial Services and the Treasury
Bureau executives
  • Au King-chi, Permanent Secretary for Financial Services and the Treasury (Financial Services)
  • Elizabeth Tse, Permanent Secretary for Financial Services and the Treasury (Treasury)
Website http://www.fstb.gov.hk

Financial Services and the Treasury Bureau (Chinese: 財經事務及庫務局; Jyutping: coi2 ging1 si6 mou6 kap6 fu3 mou6 guk6) or FSTB is a part of the twelve 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 head of the department is Ceajer Chan and the under secretary is Julia Leung.

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 Clarke1945–1951
John James Cowperthwaite1952–1961
Charles Philip Haddon-Cave1969–1971
David Jeaffreson1972–1976

After 1976

Office Title Officeholder Term Office Title Officeholder Term
Secretary for Monetary Affairs Douglas Blye1976–1985 Deputy Financial Secretary Henry Ching1976–1984[1]
Selwyn Eugene Alleyne1984–1987[2]
David Nendick1985–1992 John Francis Yaxley1987–1989[3]
Hamish Macleod1 March 1989 – 31 March 1989
Michael David CartlandJanuary 1993 – March 1993 Secretary for the Treasury 1989–1991
Yeung Kai-yin1991–1993
Secretary for Financial Services 1993–1995 Donald Tsang1993–1995
Rafael Hui1995–1997 Kwong Ki Chi1995–1997

Hong Kong SAR

Office Title Officeholder Term Office Title Officeholder Term
Secretary for Financial Services Rafael Hui1997–2000 Secretary for the Treasury Kwong Ki Chi1997–1998
Stephen Ip2000–2002 Denise Yue1998–2002
Secretary for Financial Services and the Treasury Frederick Ma2002–2007 Under Secretary for Financial Services and the Treasury Julia Leung 2008–present
Ceajer Chan2007–present

References

  1. ↑ http://www.news.gov.hk/tc/category/administration/070328/features/html/070328tc01001.htm
  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
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