Exchange Fund Ordinance
E283266
The Exchange Fund Ordinance is a key Hong Kong statute that governs the establishment, management, and use of the Exchange Fund, which underpins the stability of the Hong Kong dollar and the territory’s monetary and financial system.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Exchange Fund Ordinance canonical | 4 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
Hong Kong statute
ⓘ
ordinance ⓘ |
| administeredBy | Financial Secretary of Hong Kong ⓘ |
| aimsTo |
support confidence in the Hong Kong dollar
ⓘ
support the stability of Hong Kong’s banking system ⓘ |
| appliesIn | Hong Kong monetary and financial markets ⓘ |
| appliesTo |
Exchange Fund
ⓘ
surface form:
Exchange Fund assets
management of Hong Kong’s official foreign reserves ⓘ |
| concerns |
financial stability in Hong Kong
ⓘ
foreign exchange reserves of Hong Kong ⓘ monetary stability in Hong Kong ⓘ |
| country |
Hong Kong, China
ⓘ
surface form:
Hong Kong Special Administrative Region of the People’s Republic of China
|
| defines |
powers of the Financial Secretary in relation to the Exchange Fund
ⓘ
purposes for which the Exchange Fund may be used ⓘ |
| empowers | Financial Secretary of Hong Kong ⓘ |
| enables |
use of Exchange Fund for maintaining currency stability
ⓘ
use of Exchange Fund for monetary policy operations ⓘ |
| establishes | legal framework for the Exchange Fund ⓘ |
| governs | Exchange Fund ⓘ |
| hasPart |
provisions on accounts and reporting of the Exchange Fund
ⓘ
provisions on delegation of powers by the Financial Secretary ⓘ provisions on investment of Exchange Fund assets ⓘ provisions on use of Exchange Fund for monetary purposes ⓘ |
| jurisdiction |
Hong Kong, China
ⓘ
surface form:
Hong Kong
|
| language |
Chinese
ⓘ
English ⓘ |
| legalArea |
financial law
ⓘ
monetary law ⓘ |
| legalStatus | in force ⓘ |
| objective |
to affect the exchange value of the Hong Kong dollar
ⓘ
to ensure the stability and integrity of the financial system of Hong Kong ⓘ to ensure the stability and integrity of the monetary system of Hong Kong ⓘ |
| partOf | laws of Hong Kong ⓘ |
| purpose |
to maintain the stability of Hong Kong’s financial system
ⓘ
to maintain the stability of Hong Kong’s monetary system ⓘ to maintain the stability of the Hong Kong dollar ⓘ to provide for the establishment, management and use of the Exchange Fund ⓘ |
| region | Asia ⓘ |
| regulates |
investment of Exchange Fund assets
ⓘ
use of the Exchange Fund for monetary purposes ⓘ |
| relatedTo |
Hong Kong dollar currency board arrangements
ⓘ
linked exchange rate system of Hong Kong ⓘ |
| shortTitle | Exchange Fund Ordinance self-link ⓘ |
| subjectOf |
Hong Kong financial stability framework
ⓘ
Hong Kong monetary policy framework ⓘ |
| usedFor |
backing the monetary base of Hong Kong
ⓘ
managing Hong Kong’s official reserves ⓘ |
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.