Which of the following statements regarding the Chief Executive Of Hong Kong SAR are correct?
I. The Chief Executive of the Hong Kong SAR appoints the Chairman, Deputy Chairman (optional), the Chief Executive Officer (“CEO”) and directors (both executive and non- executive) of the SFC
II. The Chief Executive of the Hong Kong SAR may give written directions to the SFC regarding how it should seek to meet its objectives and how it should perform its functions (s. 11, SFO)
III. The Chief Executive of HKSAR is also chief of the Exchange fund.
IV. The SFC should report all financial matters to the Chief Executive
A. I, II
B. II, III
C. I, IV
D. II, IV