SFC, HKMA and 16 banks reach agreement on Minibond

無無聊, 吹下水先
queenie
Sergeant Major 士官長
Sergeant Major 士官長
Posts: 166
Joined: Thu Jul 16, 2009 6:41 pm
Contact:

SFC, HKMA and 16 banks reach agreement on Minibond

Postby queenie » Sat Sep 19, 2009 12:13 pm

I believe that the reimbursement of 60% and/ or more to investors from the captioned act is a good deed no matter some academics saying that the subject banks are not punished.

The justifications are as follows:
1. The repayment of fund
From the time when Lehman Brothers collapsed up to the present moment, the most ultimate controversial point is the request of repayment of fund. The investigations currently in process in Legislative Council as well as the demonstrations and other violent actions done by investors are the means to facilitate the repayment of fund. By other words, who commits legligence, either, HKMA, SFC or the Distributing Banks, should bear the costs of refund. This is straightly obvious.

2. Suspension of majority of past legal proceedings
From the suspension of past legal proceedings launched originally at Small Claim Tribunal which then has them transferred to District Court, investors seem not to be financially sound enough to further proceed the legal proceedings against the responsible bank(s).

3. Concrete evidence against Banks' legligence
It is difficult to present concrete evidence as investors are not the persons who on purpose set up traps to take advantage of their banks.

4. Banks suffer less due to the up-growing the global stock markets
The Government of HKSAR should ensure efficient reimbursement to investors as soon as possible. On the other hand, banks are advised to lock-in the current position by entering some hedges as no one knows how the market would go. If it were unfortunately to drop dramaticially when the liquidation proceeding finished, the banks might suffer at a maximum of 60% - 2/3 % commission earned for selling the Lehman Brothers instruments.

Peronally, I do not agree with some academics of saying of adopting the measures adopted by Singapore. In doing so, the parties inv0lved would become the victims with a great suffer.

Rectification should have an objective to minimise the losses that Hong Kong has suffered. The current one, though not a perfect one, is an acceptable approach in that sense.

Thanks.

User avatar
willy
Knight-Captain 上尉騎士
Knight-Captain 上尉騎士
Posts: 1062
Joined: Sun Oct 19, 2003 12:38 pm
Contact:

Re: SFC, HKMA and 16 banks reach agreement on Minibond

Postby willy » Sun Sep 20, 2009 6:56 pm

新加坡點賠呀?

beaniebean
Knight-Champion 一等騎士
Knight-Champion 一等騎士
Posts: 1610
Joined: Fri Sep 01, 2006 10:06 pm
Location: 藍星
Contact:

Re: SFC, HKMA and 16 banks reach agreement on Minibond

Postby beaniebean » Sun Sep 20, 2009 10:17 pm

Camson, 我在你的文章中學到2個字:

1) academic - 這個字我只會當作adjective嚟用, 原來呢個字亦係noun來.
2) minibond - 呢個迷債由一年前已講到宜家, 但我從來無去留意佢既英文字係點樣, 原來只是在bond前加mini即可.

:mrgreen:

queenie
Sergeant Major 士官長
Sergeant Major 士官長
Posts: 166
Joined: Thu Jul 16, 2009 6:41 pm
Contact:

Re: SFC, HKMA and 16 banks reach agreement on Minibond

Postby queenie » Mon Sep 21, 2009 10:47 am

WIILY, 你好像有些上火啊!你是不是不讚成香港銀行界百份之陸拾的賠償啊!
聽說, 投資者在新加坡獲百份之叁拾本金的賠償o

queenie
Sergeant Major 士官長
Sergeant Major 士官長
Posts: 166
Joined: Thu Jul 16, 2009 6:41 pm
Contact:

Re: SFC, HKMA and 16 banks reach agreement on Minibond

Postby queenie » Mon Sep 21, 2009 10:52 am

academics, 咱就拿它解作學者們吧, 管它呢o


Who is online

Users browsing this forum: No registered users and 1 guest