Land Registry Trading Fund Annual Report 2012/13 - page 15

Annual Report 2012–13
年報
15
企業管治
Corporate Governance
GOVERNANCE FRAMEWORK
The Land Registry strives to achieve the best in corporate governance. To this end, we have established
performance standards based on the cornerstones of accountability, integrity and transparency.
Accountability
The Land Registry is accountable to the Development Bureau and the Financial Services and the Treasury
Bureau for its business and financial performance respectively. We submit a medium range corporate-cum­
annual business plan to the two Bureaux for approval each year. The corporate plan sets out the blueprint for
the department’s development in the next five years, while the business plan serves as the basis against which
our annual performance is evaluated. We meet regularly with the Development Bureau to review our business
performance. The Development Bureau also provides policy steer for our work. In addition, we maintain regular
liaison with the Financial Services and the Treasury Bureau, which monitors our financial performance.
Integrity
Under the Trading Funds Ordinance (Cap. 430), we have the flexibility to respond to service needs and enhance
operational efficiency through autonomy in capital investment and the use of resources. Underpinning this
flexibility is the duty to uphold integrity in discharging our responsibilities. All Land Registry staff conduct daily
business in a proper manner in compliance with the departmental guidelines and the relevant Government rules
and regulations. The Registry Manager is the Ethics Officer of the Land Registry overseeing integrity
management work in the department. Apart from organising training courses and workshops, relevant
guidelines and circulars on integrity management are promulgated and re-circulated to staff regularly to raise
their awareness in this regard.
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