本报记者 陈无诤 特约记者 亦沁末 发自香港 Our reporter Chen no Zheng stringer also the feeling from Hong Kong

　　“铁娘子”史美伦领衔的香港金融发展局（下称“金发局”）终于发力，狙击大陆灰色资产外逃，维护香港金融稳定。

"Iron maiden"ShiMeiLun led financial development council of Hong Kong(Hereinafter referred to as"Blonde bureau")Finally hair force,Sniper continental grey asset flight,Maintain financial stability in Hong Kong.

　　继香港特区政府行政长官梁振英1月16日发布施政报告时宣布金发局即时成立，17日，香港特区政府公布了金发局成员名单。此前为筹备小组召集人的史美伦获任主席一职，其他成员包括香港财经事务及库务局局长及20位非官方人士，任期为即日起两年。

The government of the Hong Kong special administrative region chief executive LiangZhenYing January 16, the policy issued by the bureau announced the blonde was immediate,17,The Hong Kong SAR government announced the blonde bureau members.For organizing team after the convener ShiMeiLun was appointed to superintend the post of chairman,Other members include Hong Kong financial affairs and finance bureau chief and twenty unofficial personage,Term of two years from now on.

　　金发局“大佬”云集。20位非官方成员囊括本地及海内外金融、法律、学界各路精英，除了此前入选筹备小组的中银国际副执行总裁谢涌海、大律师李律仁、花旗银行亚太区高级顾问文礼信等，亦包括中国国际金融公司总裁兼首席执行官朱云来、前招商局集团董事长秦晓等。

Blonde bureau"two"gathered.Twenty unofficial members include local and financial at home and abroad/law/Various elite academic,In addition to the previously selected organizing team of boc international executive vice President XieChong sea/Counsel they kernel/Citibank Asia Pacific senior consultant WenLi letter and so on,Also including China international finance and CEO of the ZhuYunLai/China merchants group chairman of the board before QinXiao, etc.

　　“灰色资产转移海外已是不争的事实。”香港投资公司汇福资本总裁陆永康告诉时代周报记者，2013年将迎来大陆灰色收入向海外资产转移的高峰，香港是得天独厚的渠道，这类资产的需求重在安全，收益其次。“金发局使离岸处理庞大的官员灰色资产合法化，可以通过家族信托基金、大额保险等方式处理资产的安全问题。”

"Grey asset transfer overseas is tangible."Hong Kong investment company remit f capital President told reporters LiuYongKang times weekly,2013 will usher in the mainland gray income to overseas assets transfer peak,Hong Kong is a unique channel,This kind of asset demand on safety,Income second."The blonde bureau make offshore processing large officials grey asset legalization,Can through the family trust fund/The large amount of insurance treatment assets security issues."

　　史美伦强调该机构不具行政功能、权力，为非法定的机构，属于公共机构。在香港防贿条例下，受到条例监管。金发局将借调港府人手，运作三年，目前无意接受私人机构的捐款。

ShiMeiLun emphasize the agency has no administrative functions/power,For non-official institution,Belong to public institutions.Under the ordinance in Hong Kong anti off,Supervision by the regulations.The blonde office will on loan with the government,Operation three years,At present the private sector are not prepared to accept donations.

　　“金发局的定位是，鼓励企业、市场、政府搭建新的金融合作关系，尤其是人民币跨境服务。这将给国内高净值人群的海外资产配置提供新的契机。”汇福资本首席理财师、研发部总监乔守华对时代周报记者分析说。

"The blonde bureau position is,Encourage enterprise/market/The government set up new financial cooperation,Especially the cross-border services.This will give the domestic high net worth people overseas assets allocation to provide new opportunities."Collect f capital chief financial management division/Research and development department director QiaoShouHua to times weekly reporter analysis said.

　　

消除危机感 Eliminate crisis

　　长久以来，香港金融市场的危机感重重—缺乏系统性推广和发展金融服务业的部门。根据香港财经事务及库务局官方网站的介绍，金发局自2012年6月份起筹备。

long,Hong Kong financial market crisis many - the lack of systematic promotion and development of the financial services industry department.According to Hong Kong financial affairs and finance bureau official website introduction,The blonde bureau since June 2012 on preparation.

　　“金融发展局要解决的问题就是将现有分散的推广和发展模式聚合起来，提升香港国际金融中心的竞争力。然而在香港政府资助的众多产业机构里，有贸易、旅游、港口、艺术、电影等发展局，惟独没有金融行业的。”史美伦告诉财新记者。

"Financial development council in order to solve the problem is the existing scattered promotion and development model together,Improve the competitiveness of Hong Kong international financial center.However, in the Hong Kong government sponsored many industry organizations,There is a trade/tourism/port/art/Movies and other development council,But no financial industry."ShiMeiLun tell fortune new reporters.

　　按照史美伦接受媒体采访时的说法，金发局于1月22日召开首次会议，商讨未来工作方向，现在构思将会成立数个专责小组。金融发展局计划未来每两个月开一次会。香港特首梁振英1月16日作施政报告时，即宣布成立金发局，旨在善用内地带来的机遇，促进香港金融服务业的发展，巩固和提升香港国际金融中心的竞争地位。

According to the ShiMeiLun accepted the media interview said,The blonde bureau on January 22, for the first time at the meeting,To discuss the future work direction,Now idea will be established a number of AD hoc group.Financial development plan for the future every two months to open a will.Hong Kong's chief executive LiangZhenYing January 16, his presentations,That announced the establishment of the blonde,To make the best use of the opportunities brought about by the mainland,To promote the development of Hong Kong financial services,Consolidate and promote Hong Kong international financial center of the competitive position.

　　香港成立金发局的目的，核心就是维护国际金融中心地位的危机感。香港在内地遭遇上海的挑战，海外又有新加坡金融中心的崛起压力，以及老牌金融中心纽约、伦敦的大佬地位。史美伦表示，在世界各地建立的类似组织中，尤其以伦敦金融城的经验最值得借鉴。

The purpose of the Hong Kong blonde innings,The core is to maintain the international financial center position of the crisis.In the mainland, the Hong Kong encountered the challenge of Shanghai,Overseas and Singapore financial center of pressure rise,And the old financial center in New York/London's big brother status.ShiMeiLun said,In all over the world to establish similar organization,Especially with the experience of the city of London is the most worthy of reference.

　　数据显示，截至2011年1月，金融服务业已占到英国国内生产总值的8.9%和英国税收收入的12.1%。伦敦金融城是2010年成立的非政府机构，目前拥有员工一万多人，逾六成在海外工作。它专门就金融监管、法规、税务、竞争力等问题作政策性研究，定期与政府及监管部门交流意见。

Data display,By January 2011,Financial service industry has been to England for 8.9% of GDP and 12.1% of British revenue.City of London was established in 2010 non-governmental organizations,Now has more than ten thousand employees,More than sixty percent in work overseas.It is special financial supervision/regulations/tax/Competitiveness of policy research,Regular and government and regulators to exchange ideas.

　　梁振英近日出席亚洲金融论坛时指出，金发局将为政策的知情讨论及公私营协作提供一个公共平台，挖掘国内及海外发展机遇，同时担任香港和海外业界的大使。任命显示，金发局成员由特首委任，主席为此前担任筹备小组召集人的史美伦，任期两年，从2013年1月17日至2015年1月16日。

LiangZhenYing recently attended the Asian financial BBS out,The blonde office will for policy and private informed discussion and cooperation to provide a public platform,Mining the domestic and overseas development opportunities,At the same time as Hong Kong and overseas industry ambassador.Appointed display,The blonde bureau members appointed by the chief executive,Chairman of the organizing team for previously served as the convener ShiMeiLun,A period of two years,From January 17, 2013 to January 16, 2015.

　　号称金融“铁娘子”的史美伦，在内地及香港均享有颇高声望，除了兼任香港汇丰非执行董事，她曾任香港证监会副主席、中国证监会副主席、香港廉政公署贪污问题咨询委员会主席及香港大学教育资助委员会主席等职务。

So-called financial"Iron maiden"ShiMeiLun of,In the mainland and Hong Kong are entitled to quite high prestige,In addition to concurrently Hong Kong HSBC the executive director,She served as vice chairman of the Hong Kong securities regulatory commission/Vice chairman of the China securities regulatory commission/Hong Kong icac corruption problem advisory committee chairman and the university of Hong Kong education funding committee chairman, and other job.

　　据香港政府网信息，金发局职能包括，进行政策研究和业界调研，制订建议供政府和监管机构参考；与内地和海外相关机构保持沟通，支持香港金融服务业开拓新市场和新业务；与教育培训机构合作，提升从业人员的技巧和专业知识；通过举办研讨会、路演以及积极参与国际活动，在内地和海外推广香港国际金融中心功能。

According to the Hong Kong government network information,The blonde bureau functions including,For policy research and industry research,Make Suggestions for government and regulators reference;With the mainland and overseas organizations communicate,Support Hong Kong financial services, open up new market and new business;And education training institutions cooperation,Improve employees skills and professional knowledge;Through the seminar/Road shows and active participation in international activities,In the mainland and overseas promotion Hong Kong international financial center function.

　　近年来，香港政府对香港发展成为人民币离岸交易中心表现得分外积极。“香港人民币离岸中心发展到今天最大的障碍是人民币资本项没有完全开放。”香港大学及北京大学金融系双聘主任宋敏对时代周报记者表示，这里存在利率及汇率的市场化，中国金融体系的巩固与提高，货币政策的制订及执行等问题，在这种情况下推人民币国际化，海外人民币和国内的汇率有差异，就会造成套利机会，短期内会发生很多人民币跨境流动。

In recent years,The Hong Kong government to development of Hong Kong as an offshore RMB trading center played particularly active."Hong Kong an offshore RMB centre development today the greatest obstacle is RMB capital item not fully open."The university of Hong Kong and Beijing university finance director to double employment SongMin times weekly newspaper reporters,There is the marketization of interest rate and the currency exchange rate,China's financial system consolidation and improve,Monetary policy formulation and implementation problems,In this case push RMB internationalization,The domestic and overseas RMB exchange rate have differences,Can cause arbitrage opportunities,A lot can happen in the short term the cross-border flow.

　　

定位民间组织 Positioning folk organization

　　“金发局是民间组织，并非法定机构，不会与内地或其他国家的政府部门对等。”对于金发局的性质，史美伦接受媒体采访时强调，政府间的沟通仍然会交由政府负责，但如果需要金发局协助，金发局会愿意提供帮助。

"The blonde board is folk organization,Is not legal institutions,Not with the mainland or other government departments equivalence."The nature of the bureau for the blonde,ShiMeiLun accepted the media interview said,Communication between the government will still to be responsible to the government,But if need blonde bureau to assist,The blonde bureau will be willing to provide help.

　　财经事务及库务局局长陈家强则于记者会上表示，市场对金发局的成立有很多揣测，但金发局只是一个就推广金融领域及服务，以及进行政策研究的咨询架构，不具备任何投资的功能，以注册公司形式去营运。

Financial affairs and finance bureau chief ChenGuJiang is in the press conference said,The establishment of the market to the blonde bureau have a lot of speculation,But the blonde bureau is just a will promote the financial sector and service,And policy research advisory bodies,Do not have any investment function,In order to register the company form to operation.

　　史美伦又指出，金发局会采取自负盈亏方式运作，现时有22位成员，全部都属于公职，并且从金管局、证监会，以及贸发局借调研究员，现在拥有4-5名全职员工。政府将会通过秘书处拨款，协助其初期的营运。日后营运资金来源，有待日后再讨论，如果有机构愿意捐款，仍要视乎捐款机构性质才能接受。

ShiMeiLun and points out that,The blonde bureau will take responsible for their own profits and losses manner,Now there are 22 members,All belong to the public,And from the hkma/CSRC,And the TDC secondments researchers,Now have 4-5 full-time staff.The government will through the secretariat appropriation,To assist the initial operation.Sources of working capital in the future,To discuss in the future,If there are institutions would like to make contributions,Still depends on donation mechanism properties can accept.

　　目前香港推广和发展金融业的政府机构是香港金融管理局（下称“金管局”），其职能主要是维持香港货币和银行体系的稳定，更多起到的是监管的作用，同时也兼顾统筹资源以及协调金融发展。香港政府里并没有专职机构，缺乏统一服务金融行业的政府部门。

At present Hong Kong promotion and development of the financial industry's government agencies is the Hong Kong monetary authority(Hereinafter referred to as"The hkma"),The main function is to maintain Hong Kong currency and the stability of the banking system,More is a regulatory role,While taking into account the overall coordination of resources and financial development.The Hong Kong government and no professional institutions,The lack of unified service financial industry government departments.

　　针对金发局与金管局角色与功能区别问题，史美伦强调，前者集中在开拓金融新产品、向政府建议长远发展策略及向外推广，后者则着重法规把关的角色，为金融业监管者，故两个机构绝不会有角色与功能的重叠。

According to the bureau of blonde with the hkma role and function difference problem,ShiMeiLun emphasize,The former focus on financial development of new products/Suggestions to the government long-term development strategy and to the promotion,The latter focuses on the role of control rules and regulations,For financial regulators,The two institutions will never be a role and function of the overlap.

　　“金融界一直以来都是自给自足，现在政府终于肯拨款推动金融发展还是值得期待的。”香港金融界的人士在接受时代周报记者采访时一致表示。金发局更像是新任特首特设的一个金融智囊团队，以供政府在制定金融政策的时候，建立弥合业界建议和政府政策之间更平滑的通道机制。

"Financial circles have been self-sufficiency,Now the government finally Ken funding to promote financial development is worth looking forward to."Hong Kong financial circle of people in accept times weekly reporter to interview agree.The blonde innings more like the new ce special a financial brain team,For the government to make financial policy,Establish close industry Suggestions and government policy more smooth channel between mechanism.

　　现在香港有6000多亿人民币存款，各类人民币产品都发展起来了，在香港会慢慢形成市场化决定的利率和汇率。这和行政化决策机制、汇率没有完全放开的机制相比，可能会起到一个倒逼国内改革的作用。市场化决定的利率和汇率，最终会对国内利率改革有推动。“香港市场的发展可以通过开放带动内地金融改革，这也是正面作用。”宋敏说。

Hong Kong is 6000 RMB deposit,All kinds of the products are developed,In Hong Kong will slowly to form market interest rates and exchange rate.This and the administrative decision-making mechanism/Exchange rate not fully open mechanism compared with,May play a role DaoBi domestic reform.Marketization of interest rate and exchange rate decision,Eventually to domestic interest rates to promote reform."The development of the Hong Kong market by opening to promote mainland financial reform,This is positive."SongMin said.

　　同样起到促进香港金融发展的另一家民间组织—香港金融业协会，其主要职能同将要成立的金融发展局相类似。它们都是向政府部门提出建议和要求，同时收集国内外有关金融、银行、保险、证券、信托等方面的资料，提供咨询服务。

Also promote Hong Kong financial development of another folk organization - Hong Kong financial industry association,The main functions of financial development council was established with will be similar.They are all government departments to put forward Suggestions and requirements,At the same time, collects the domestic and foreign relevant financial/The bank/insurance/securities/Trust of material,Provide consulting service.

　　陈家强此前在接受香港媒体采访时表示，金发局可以像其他非官方机构般更灵活推销香港，“当政府就市场发展表态后，有非官方的、代表民间及市场的机构在落实层面说话，可以在推广上互补”。财政司司长曾俊华公开表示，解决内地资金的自由流动问题，集合中外投资者在港发展，是目前香港金融行业最重要的发展方向。金发局的成立正是增添了与国内外合作与沟通的渠道。”

ChenGuJiang previously in an interview with Hong Kong media said,The blonde bureau can like other nongovernmental organizations, more agile promote Hong Kong,"When the government is market development after the statement,Have unofficial/On behalf of the folk and market institutions in the implementation of speaking level,In the development of complementary".The financial secretary, John tsang said publicly,The free flow of capital to solve the mainland problem,Chinese and foreign investors set in port development,Is the Hong Kong financial industry's most important development direction.The establishment of the blonde bureau is added with domestic and international cooperation and communication channels."

　　

海外资产配置良机 Overseas assets allocation opportunities

　　“新成立的金发局拟将香港打造成亚太资产管理中心，灰色资产可能占到1/3。”陆永康告诉时代周报记者。而在乔守华看来，这是海外资产配置的良机。

"The newly established blonde bureau will be proposed to create a Hong Kong Asia Pacific asset management center,Grey assets may account for a third."LiuYongKang told reporters times weekly.And in QiaoShouHua looks,This is the overseas assets allocation of opportunities.

　　根据建行和波士顿咨询发布的《2011年中国财富管理报告》，越富有的人对离岸产品的需求越大，资产规模在5000万人民币以上的客户中，22%使用过离岸产品和服务，这部分需求还在增加。对离岸产品的使用，属于海外资产配置的范畴。

According to the construction bank and released by the Boston consulting group[In 2011, the Chinese wealth management report],The rich man to offshore production of the demand,Asset scale in RMB 50 million yuan or more clients,22% used offshore products and services,This part of the increase in demand.The use of the products to offshore,Belong to the category of overseas assets allocation.

　　海外资产配置，是目前高净值人群积极关注的热点。乔守华告诉时代周报记者，对资产进行海外配置，一方面可以“把鸡蛋放在不同的篮子里”，分散风险的同时还可以分享海外不同国家市场的经济发展成果；另一方面可以通过配置不同的金融工具和产品，满足高净值客户在遗产传承、子女教育、投资移民、健康规划、养老筹划等方面的多样化的理财需求和目标。

Overseas assets allocation,Is the high net worth people actively concerned hot.QiaoShouHua told reporters times weekly,For overseas assets allocation,On the one hand may"Put the eggs in different basket",Diversification of risk of in the meantime also can share the overseas market in different countries of the fruits of economic development;On the other hand, it can through the configuration of different financial tools and products,Meet high net worth clients in heritage inheritance/Children education/Investment immigrant/Health planning/Pension planning of diverse financial needs and goals.

　　乔守华坚信，海外资产配置的越丰富，越有利于优化家族（家庭）财富的管理。招商银行(600036,股吧)与贝恩顾问公司发布的《2011中国私人财富报告》指出，随着高净值人群进一步全球化资产配置与投资移民的需要，境外资产在高净值人士的全部资产占比已经由前两年的不到10%上升至20%，调研发现约45%的高净值人士表示希望得到有关如何寻找境外合适的投资产品和机会、如何合理分配境内外资产比例的建议。

QiaoShouHua believe,Overseas assets configuration of the rich,To optimize the family(family)Wealth management.Merchants bank(600036,guba)And bain consultant issued by the company[2011 China private wealth report]Pointed out that,People with high net worth further global asset allocation and investment immigration needs,The overseas assets in high net worth people of all assets ratio has been two years before by less than 10% to 20%,Survey found that about 45% of the high net worth say hope to get about how to search for overseas suitable investment products and opportunities/How to reasonably distribute and assets ratio, and the suggestion.

　　由于海外各国在法律、政策、文化等方面存在差异，为尽可能地规避风险，高净值人群在进行海外资产配置时，可以多征询律师、税务师、理财师等专业人士的意见，并根据自身的财务状况、理财需求和目标请专业人士量身定做多元化的金融解决方案。香港作为国际金融中心，法律法规比较健全，在国家和地区的地位举足轻重，因此，在保护资产的安全性方面，不失为可以考虑的一个选择。

Due to overseas countries in the law/policy/Culture differences,As far as possible to avoid risk,High net worth population in overseas assets when configuration,Can consult a lawyer/tax/Financial management division and professional advice,And according to its financial condition/Financial needs and goals to ask professional personage to customize diversified financial solutions.Hong Kong as an international financial centre,Perfecting laws and regulations,In the countries and regions is very important,so,In the protection of assets security,Can be considered a choice.

　　对于监管的问题，宋敏并不担心。他表示，香港是普通法经济体，法律体系适合于金融市场的发展，所以香港金融市场是在普通法环境下发展出来的，香港的监管也是非常严密的，很多方面超越了欧美的监管体系。香港同时是媒体发达的城市，这也是金融中心特别是离岸中心更重要的，离岸中心比在岸中心要求更严格，不仅吸引本土资金，还要吸引境外资金，因此监管透明、法律完善要求很高。

For the problem of supervision,SongMin is not worried about.He said,Hong Kong is a common law economies,The legal system for the development of the financial market,So the Hong Kong financial markets in common law environment is developed,Hong Kong's supervision is very strict,Many ways beyond Europe and the United States regulatory system.Hong Kong is also the media developed city,This is also the financial center especially offshore center more important,Offshore center the center than the more strict requirements,Not only attract local funds,To attract foreign capital,So supervision transparent/Legal perfect demanding.

　　“金发局有别于金管局和证监会的是，除了关注银行及证券之外，还会关注其他金融范畴，包括财富管理、保险、私募基金、法律和会计等在内的金融服务业。同时也非常注重对人才的培养，未来金融人才教育也会列入金发局的计划中来。”史美伦说。

"The blonde bureau is different from the hkma and securities regulatory commission is,Aside from the focus on Banks and securities outside,Will also focus on other financial category,Including wealth management/insurance/Private equity fund/Legal and accounting, financial services.At the same time also pay more attention to the cultivation of talents,The future financial talent education will also be included in the blonde bureau plan."ShiMeiLun said.

　　史美伦表示，金发局责任重大，不单面向海外市场，推广金融业，还负有制定长远金融业发展策略的重责，例如香港金融业的定位、人民币产品与业务进一步的发展及如何更好配合内地企业走出去等。“金发局暂无意申请成为法定机构，因涉及的手续复杂，而会将精力放在发展金融市场。金发局第一次会议将于本月22日进行，会讨论金发局工作方向，也会构思成立不同的专责小组。”

ShiMeiLun said,The blonde bureau responsibility is significant,Not only for the overseas market,Promotion financial,Also have far-reaching financial industry development strategy of a lot of,Such as Hong Kong financial position/RMB products and business further development and how to better fit the mainland enterprises to go out, etc.."The blonde bureau temporary not apply for legal institutions,Due to the complicated formalities,And will focus on the development of financial markets.The blonde bureau first meeting will be held this month to 22,Will discuss blonde bureau work direction,Also can design different task force was established."

　　“香港作为重要的离岸市场，金发局的成立有着非常重要的现实意义。尤其是如何落地更为重要。”陆永康对时代周报记者肯定地说。

"Hong Kong as an important offshore market,The establishment of the blonde bureau has very important practical significance.Especially how to fall to the ground is more important."LiuYongKang times weekly to reporters say with certainty.