Money matters first for new finance body

The new Financial Services Development Council is already mired in controversy, including the central question of who is going to pay its bills and other expenses.

The council has not decided how to finance itself over the long term even though it is going to have its first meeting tomorrow.

For a city like Hong Kong where money matters always come first, that may seem a strange omission.

The council, chaired by Executive Council member Laura Cha Shih May-lung, has 22 members appointed by Chief Executive Leung Chun-ying.

via Business feed http://www.scmp.com/business/article/1133248/money-matters-first-new-finance-body