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Financial services report released

January 26, 2015

The Financial Services Development Council has made recommendations on developing a talent base for the sustainable development of Hong Kong as an international financial centre.

 

The Council today released its report on developing Hong Kong's human capital in the financial services industry.

 

Chairman Laura Cha said developing a sustainable talent base is one of the key enablers to consolidate Hong Kong's position as Asia's pre-eminent international financial centre.

 

The report proposed measures to raise the bar for Hong Kong's financial talent pool, including developing a comprehensive plan to enhance understanding of various careers in the financial services industry.

 

It also proposed stepping up collaboration between academia and the industry to enhance the industry-readiness of graduates and to better equip aspiring financial professionals.

 

The report noted that engaging Hong Kong's deep pool of industry professionals and practitioners in training activities should help upgrade the standard of those already in the field, adding that structural issues affecting the city's general employment environment should be addressed.

 

The council will collaborate with stakeholders and focus on facilitating the provision of more information on the industry to aspiring talents, as well as fostering closer partnership among the industry, academia and training institutions, Mrs Cha said.

 

In addition, improving Hong Kong's overall human capital environment will require efforts beyond the financial services industry. Support from the Government and relevant parties is necessary to tackle some of the issues identified in the report, she added.

 

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