Office for Rapid Response to Financial Crisis will be established in the Chinese Xianggang
Almaty. March 18. Silkroadnews – Office for Rapid Response to Financial Crisis will be established in the Chinese Xianggang on April 1, Xinhua News Agency reported.
“The new structure creation is aimed to facilitate the implementation of the provision on emergency response within the financial structures adopted by the Hong Kong Legislative Council last year”, the publication says.
The objectives of the office will mainly be the development of policy guidelines and measures, assessment of the feasibility of plans, strengthening cooperation with banks to solve problems that hinder rapid response to financial crises.