金融英语考试银行业务重点归纳（2）

会计考友

　　The minimum paid-up shares capital requirement is now HK$25 million instead of HK $10
　　million as before.
& o0 J5 i! n1 w3 u2 S8 ?　　l The implications of the system
　　Sound overseas banks, even though they do not meet the approval criteria for a
) w+ L5 H5 L3 u) M5 R　　full license, are now allowed to branch into HK as RLBs, as an alternative to
' X! B. d0 D- m/ e$ V　　setting up a subsidiary here.
　　1. Direct entry to the tier of RLB is allowed.
　　2. The status of RLB is superior to that of the LDTC where a RLB is incorporated
, s6 K1 L  z( |  m- Z　　overseas.
# k& B! W2 Q- q9 R4 c　　3. Overseas banks are newly –authorized RLBs in branch form are allowed to operate only from offices in one
　　building
, \3 e, M9 g0 [* ]　　4. Local banks traditionally operate in the retail market whereas overseas
% @2 ?( s2 _; V2 Q　　banks authorized as RLBs are mainly carrying on merchant banking business.
: L+ G) ^8 r) d8 u) V% v　　l HK monetary authority:
! X2 `+ d5 N, t, r　　1. Established in 1 April 1993
- |, ?8 d8 l6 R% O- Q　　2. Merging the office of the Exchanged Fund with the Office of the Commissioner
　　of Banking.
+ N+ s+ W$ f0 I! ^6 y2 g　　3. Purpose: to maintain the continuity and professionalism in HK’s monetary and reserves management and banking supervision, in a way which
　　commands the confidence of the people of HK and the international financial
  h# M. x* ?& k6 `# S% f3 V( W) p　　community.
; f% D& W& Z# C　　Responsibility:
　　1. Execution and development of monetary policy
7 q: y7 E" v) v5 X　　2. Maintenance of exchange rate and monetary stability
7 O% G" ]+ }4 F+ H　　3. Development of the debt market in HK
　　4. Promoting the efficiency, integrity and development of payment and settlement
0 Q0 X; o6 Y9 ~" b: a3 z5 N9 s　　arrangements
　　5. Managing the assets of the Exchange Fund
" O( Y3 I  \* l; t! _* r　　6. Prudential supervision of authorized institutions under the Banking Ordinance
/ h0 H, f5 Y" i& Q, L4 r% T　　7. Formulating polices relating to banking supervision
　　8. HKMA is an integral part of the government but is able to employ staff on
　　different
/ ]) F* _/ j9 c% V% Y& C　　terms to those of the civil service to attract personnel of the right caliber,
; J6 X& W% q* @8 S  [+ J　　experience and expertise.
8 Y! u: [& b$ y3 c9 B* N5 I　　9. HKMA is accountable to Financial Secretary, who is advised by the Exchange
9 B+ f1 D0 |; m8 c  w; z" z  w  L　　Fund Advisory Committee on matters relating to the control of the Exchanged
　　Fund and on the annual budget of the HKMA.
8 m- h/ ^4 @5 b6 F% `9 {+ O　　Business scope:
6 ]/ m' n1 ]9 U, A( |  ]# E　　1. Deposits
　　2. Loans
　　3. Settlement
　　4. Guarantees
　　5. Interbank borrowing and lending
4 e0 I& G2 H! k　　6. Trade in Chinese treasury bond
6 m3 K9 U) x, r7 n: d7 ]9 M2 Y　　1. Definition of a “banking “in Hong Kong
　　A bank is a financial intermediary, which provides special types of services relating
　　directlyor indirectly to finance. In Hong Kong, the Banking Ordinance defines
% w& t2 w# [: u8 U　　a “bank” as a company, which carries on “banking business”, and holds
& T9 X# ~8 S+ U% i6 n, }　　a valid bank license granted by the HKMA together with the SAR Chief Executive.
3 D5 T; j  n, D6 C+ ]1 b" p: U& E3 J　　* Per se 本质上
　　2. Banking business
+ M. h2 h& v1 R! m9 M　　Banking business is:
　　(1) Receiving from the general public money on current deposit, savings deposit
　　or other similar account repayable on demand or within less than three months
　　or at call or notice less than three month;
, M5 O4 |5 r' G- J　　(2) Paying or collecting cheques drawn by or paid in by customers.
0 s9 a' W& n! O( c' l/ O' k! ^　　(3) Providing credit cards or charge cards to customers, give business advice,
# p) U( m, R: w) Y$ _1 Q; E　　handle clients’ auto-pay system, transfer money, and provide foreign exchange and other services.