Loans (Amendment) Bill 2014

摘要

The Loans (Amendment) Bill 2014 was gazetted last month. The Bill seeks to accommodate the issuance of Islamic bonds (sukuk) under the Government Bond Programme (GBP) for promoting the further and sustainable development of the local bond market. The Bill is part of the government's programme to promote the development of a sukuk market in Hong Kong in order to diversify the types of financial products and services available, and consolidate Hong Kong's status as an international financial centre and asset management centre.