The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Ministry of Finance will issue Renminbi Sovereign Bonds through the Central Moneymarkets Unit of the Hong Kong Monetary Authority (HKMA). Please find attached the tender notice and the tender information memorandum of the Renminbi Sovereign Bonds to be issued by the Ministry of Finance. Please also find attached the tender-related information provided by the Issuing and Lodging Agent through the HKMA.

     The Transport Department (TD) today (October 9) announced that an auction of personalised vehicle registration marks (PVRMs) will be held on October 27 (Sunday) in Meeting Room S421, L4, Old Wing, Hong Kong Convention and Exhibition Centre, Wan Chai.
 
     "A total of 240 approved PVRMs will be put up for public auction. A list of the marks has been uploaded to the department's website, www.td.gov.hk/en/public_services/vehicle_registration_mark/index.html," a department spokesman said.
 
     The reserve price of each of these marks is $5,000. Applicants who have paid a deposit of $5,000 should also participate in the bidding (including the first bid at the reserve price). Otherwise, the PVRM concerned may be sold to another bidder at the reserve price.
 
     People who wish to participate in the bidding at the auction should take note of the following points:
 
(1) Bidders are required to produce the following documents for completion of registration and payment procedures immediately after successful bidding:
 
(i) the identity document of the successful bidder;
(ii) the identity document of the purchaser (if the purchaser and the successful bidder are different persons);
(iii) a copy of the Certificate of Incorporation (if the purchaser is a body corporate); and
(iv) a crossed cheque made payable to "The Government of the Hong Kong Special Administrative Region" or "The Government of the HKSAR". For an auctioned mark paid for by cheque, the first three working days after the date of auction will be required for cheque clearance confirmation before processing of the application for mark assignment can be completed. Successful bidders may also pay through the Easy Pay System (EPS), but are reminded to note the maximum transfer amount in the same day of the payment card. Payment by post-dated cheque, cash, credit card or other methods will not be accepted.
 
(2) Purchasers must make payment of the purchase price through EPS or by crossed cheque and complete the Memorandum of Sale of PVRM immediately after the bidding. Subsequent alteration of the particulars in the Memorandum will not be permitted.
 
(3) A PVRM can only be assigned to a motor vehicle which is registered in the name of the purchaser. The Certificate of Incorporation must be produced immediately by the purchaser if a vehicle registration mark purchased is to be registered under the name of a body corporate.
 
(4) The display of a PVRM on a motor vehicle should be in compliance with the requirements stipulated in Schedule 4 of the Road Traffic (Registration and Licensing of Vehicles) Regulations.
 
(5) Any change to the arrangement of letters, numerals and blank spaces of a PVRM, i.e. single and two rows as auctioned, will not be allowed.
 
(6) The purchaser shall, within 12 months after the date of auction, apply to the Commissioner for Transport for the PVRM to be assigned to a motor vehicle registered in the name of the purchaser. If the purchaser fails to assign the PVRM within 12 months, allocation of the PVRM will be cancelled and arranged for re-allocation in accordance with the statutory provision without prior notice to the purchaser.
 
     "Upon completion of the Memorandum of Sale of PVRM, the purchaser will be issued a receipt and a Certificate of Allocation of Personalised Registration Mark. The Certificate of Allocation will serve to prove the holdership of the PVRM. Potential buyers of vehicles bearing a PVRM should check the Certificate of Allocation with the sellers and pay attention to the details therein. For transfer of vehicle ownership, this certificate together with other required documents should be sent to the TD for processing," the spokesman added.
 
     For other auction details, please refer to the Guidance Notes – Auction of PVRM, which is available at the department's licensing offices or can be downloaded from its website, www.td.gov.hk/en/public_services/vehicle_registration_mark/pvrm_auction/index.html.

     The Government will gazette tomorrow (October 10) a proposal to amend and update marine legislation by enacting eight pieces of amendment regulations/orders/notices, including the Pilotage Ordinance (Amendment of Schedules 3 and 4) Notice 2024; the Dangerous Goods (Shipping) Regulation 2012 (Amendment) Regulation 2024; the Shipping and Port Control (Amendment) Regulation 2024; the Shipping and Port Control (Ferry Terminals) (Amendment) Regulation 2024; the Shipping and Port Control (Ports) (Amendment) Order 2024; the Merchant Shipping (Local Vessels) (General) (Amendment) Regulation 2024; the Merchant Shipping (Local Vessels) (Safety and Survey) (Amendment) Regulation 2024; and the Merchant Shipping (Fees) (Amendment) Regulation 2024.

     The proposed amendments aim to update and unify the types and formats of the geodetic reference datum used in marine legislation. It also makes miscellaneous amendments to various pieces of marine legislation in relation to designating new special anchorages, updating the radio channels and sectors under the vessel traffic services, updating the definition of Radio Regulations, removing obsolete cable reserves, adjusting boundaries of various bridge areas due to shoreline changes, removing the Tuen Mun Ferry Terminal from the legislation which specifies terminals for use by cross-boundary ferry vessels given its cessation of cross-boundary passenger transport, as well as prescribing the fees for surveying Hong Kong ships in relation to an Industrial Personnel Safety Certificate and other fees in relation to that certificate.

     A spokesperson for the Transport and Logistics Bureau said, "To uphold Hong Kong's standing as an international maritime hub, the Government is committed to updating marine legislation regularly to reflect the latest developments in the local and global marine landscape. The current amendments are pivotal to ensuring that Hong Kong's marine legislation remains contemporary."

     The Panel on Economic Development of the Legislative Council (LegCo), as well as the Local Vessels Advisory Committee, Pilotage Advisory Committee, Port Operations Committee and Hong Kong Fleet Operation Advisory Committee of the Marine Department, have been consulted on the legislative proposal respectively. Members supported the proposal.

     The proposed legislative amendments will be tabled at the LegCo for negative vetting on October 16. 

     The Director of Audit, Professor Nelson Lam, attended the 16th Assembly and 9th Symposium of the Asian Organisation of Supreme Audit Institutions (ASOSAI) held from September 21 to 27 in New Delhi, India. At the invitation of the National Audit Office of the People's Republic of China (CNAO), Professor Lam participated as a member of the People's Republic of China Delegation, which was led by the Auditor General of CNAO and Secretary General of ASOSAI, Mr Hou Kai. The Assembly and Symposium were hosted by the Supreme Audit Institution of India and focused on "Digital Public Infrastructure and Gender Divide – Issues of Inclusion and Accessibility". Mr Hou participated in the meetings and chaired some agenda items. The President of India, Mrs Droupadi Murmu, attended and spoke at the opening ceremony. 

     Attended by 201 delegates from 44 ASOSAI members and observers, the Assembly endorsed the work report of the ASOSAI Secretariat, made additions and amendments to the ASOSAI Regulations, and held discussions on issues related to the three newly established working groups on state-owned enterprise, information technology audit and data analytics, and regional and municipal audit. Also, members of the new term of the Governing Board and the Audit Committee of ASOSAI were elected. It was affirmed that the next Assembly will be held in Saudi Arabia. 

     Professor Lam, along with Senior Auditor Mr Alfred Wong, who also joined the meetings and activities, exchanged ideas and experiences with Mr Hou, the Commissioner of Audit of the Macao Special Administrative Region, Mr Ho Veng-on, and leaders of audit institutions of various Asian countries on the theme of the Assembly, as well as on the management and development of public sector auditing bodies. Professor Lam also shared on the current work and updates of Audit, and expressed his wish to have further exchanges with the participating audit institutions.  
      
     Professor Lam said that the ASOSAI Assembly and Symposium, which were held physically for the first time since the pandemic, brought together representatives from various audit institutions to engage in face-to-face exchanges that proved to be fruitful and beneficial. He thanked CNAO and Mr Hou for their support and care for Audit. With strong support from the motherland, auditors from Hong Kong have had the privilege to, as part of the national teams, connect with the world through taking part in worldwide audit forums and United Nations audit assignments. These forums and assignments have provided great opportunities for Hong Kong auditors to assimilate good audit practices from around the world and apply the acquired knowledge in their roles at work. Not only did these valuable experiences enhance professional development within Audit, but they also enabled Audit to tell good stories of China, Hong Kong, and auditing on international platforms.  

            

     â€‹The Home and Youth Affairs Bureau (HYAB) announced today (October 9) the launch of the Maintenance Mediation Pilot Scheme through the Community Care Fund to subsidise a non-governmental organisation in providing mediation services on maintenance to people in need who are eligible for the Pilot Scheme (including maintenance payers and payees), to provide an alternative way for parties concerned other than court proceedings.
      
     The Government is committed to improving the effectiveness of the system for collecting maintenance payments and enforcing maintenance orders. In this regard, the Chief Executive announced in his 2023 Policy Address the launch of the Pilot Scheme to assist the parties concerned to resolve disputes on the related matters through a more time-saving way, which is mediation.
      
     The three-year Pilot Scheme is expected to process a total of 1 200 cases, benefitting 2 400 separating or divorcing persons. Parties involved in maintenance payment disputes are eligible to apply for the Pilot Scheme free of charge, provided that one of the parties (applicant) is a Hong Kong resident and meets the income limit. This can encourage maintenance payers in default of payment to engage in mediation.
      
     Based on Hong Kong Family Welfare Society (HKFWS)'s extensive experience and well-established network in relation to the relevant mediation services and publicity work, the HYAB has appointed HKFWS as the service operator of the Pilot Scheme.
      
     Persons interested in participating the Pilot Scheme can visit the dedicated webpage (www.familyandwomen.gov.hk/en/story/2024091920185069798.html), or contact HKFWS at 2561 9229.