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The Role of
Government
Set up Supervisory
Authorities
ICAC
OTO
SFC
assist the
Financial
Secretary in
maintaining
stability of
HK
maintain and
promote the
fairness and
efficiency of
securities and
futures industry
The Audit Commission
provide
independent
audit service
to the
Legislative
Council
HKMA
supervise
operation
of Banking
Industries
e.g. HSBC
help the
Government
enhance public
sector performance
and accountability
in HK
ensure
stability of
HK $
Prevent
Bank
Run
e.g. pledge
with US$
maintain the stability of
HK market
business men have more confident in
investing in HK
The Role of
Government
Set up Supervisory
Authorities
SFC
The Audit
Commission
ICAC
HKMA
As an independent
authority
OTO
as a community’s
watchdog
prevent
them
from
abusing
power
correct all the
wrongdoings
of the
government
officials
protect
human
rights
maintain impartiality+objectivity
prevent corruption in HK
improve
quality+ef
ficiency
of public
sector
enhance the
accountabilit
y in HK
HK is one of the most
incorruptible city in the
world, e.g. Not many
corruption in HK
Businessmen
have more
confident in
investing in HK
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