• to oversee and make recommendations to the Board as to the operation of the Company's business including strategic plan, annual operating plan and budgets;
• to oversee and make recommendations to the Executive Committee of Board as to the policies of major new services and products in new asset classes (excluding minor evolution of products within the same asset class or minor modification to current contract specifications);
• to approve the Company's operating and capital expenditures in accordance with the Company's Expense Approval Guide as approved by the Board from time to time;
• to oversee the Group's compliance with all statutory duties imposed on it under the relevant legislation, rules and regulations;
• to oversee the liaison with all regulatory authorities and organisations on all matters relating to the Company; and
• to do any such things to enable Management Committee to discharge its powers and functions conferred on it by the Board and its sub-committees.

HKEX operates the centralised securities and derivatives markets in Hong Kong; it is responsible for the front line regulation of listed issuers and for market surveillance. HKEX provides issuers with listing and securities trading services, participants with access to trading and clearing services, and investors with a regulated trading venue supported by information services.

HKEX's business and operations functions are organised along thirteen verticals: Listing, Legal & Secretarial Services, Emerging Business & FIC, Commodities, Finance, Information Technology, Risk Management & Compliance, Operations, Equities, Human Resources, Corporate Communications, Internal Audit and LME & LME Clear. Details as follows: