Saturday 13th January 2018
Dear Reader,
A Saturday special!
NEW ARTICLE
The wrong way to pay civil servants
A new ICAC case reminds us that the Government and public sector get
bad value for taxpayers and lose good people by paying time-limited benefits
that are based on irrelevant factors rather than the value of their services.
Scrap all the benefits schemes and pay people what they are worth. At the same
time, remove the housing loophole from salaries tax, raise personal allowances
and bring down the tax rate to compensate. (13-Jan-2018)
RECENTLY ON WEBB-SITE
Webb-site Who's Who covers HK solicitors
After a lot of coding over
Christmas pudding and more than a dash of brandy butter, we are pleased to
launch a new section of our database, monitoring HK lawyers. Now you can answer
questions such as: Which are the biggest law firms? Who is the
longest-practising solicitor? Who moved jobs this month? How many were admitted
in other jurisdictions before or after HK? How many HK solicitors work for the
SFC? (12-Jan-2018)
Belts
and Burqas
Shortly before Christmas, the HK Financial Secretary announced the
birth of the first Belt and Road bond in HK, the latest in a line of financial
gimmicks designed to avoid meaningful regulatory reforms. (10-Jan-2018)
And much more besides...
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David M. Webb
Editor, Webb-site.com