Financial Services and the Treasury Bureau

Financial Services and the Treasury Bureau (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 (since 1 July 2017) Secretary for Financial Services and the Treasury is Christopher Hui and the under secretary is Joseph Chan.

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
  • Michelle Li, Permanent Secretary for Financial Services and the Treasury (Financial Services)
  • Alice Lau, Permanent Secretary for Financial Services and the Treasury (Treasury)
Parent BureauFinancial Secretary
Child agencies
Websitewww.fstb.gov.hk
Financial Services and the Treasury Bureau
Traditional Chinese財經事務及庫務局

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

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 2008–2013
Ceajer Chan2007–2017
James Lau2014–2017
James Lau2017-2020 Joseph Chan2017-present
Christopher Hui2020-

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.