Inspect meets card trade the negotiable securities outside introducing investor identification code and field report system

On August 10, 2021

Negotiable securities and control commission of futures general affairs (card inspect is met) concern the negotiable securities outside introducing system of investor identification code and field for Hong Kong security market to trade today the proposal that reports a provision, publish summary of to inquire and consult.

Below system of investor identification code, group of the law that hold a card and register an orgnaization to must combine exchange limited company to Hong Kong (couplet reachs place) refer in couplet to hand in place to give out negotiable securities to trade the name of the client of the instruction and data of identity proof file (note 1) .

Group of the law that hold a card and register an orgnaization to also need a basis another system, the negotiable securities outside the common stock that makes place appear on the market with respect to couplet and the relevant field that estate invests the fund that believe Yin trades, to card inspect can report concerned data.

The person that respond to is general approve of concerns a proposal. After considering market sentiment, card inspect is met will begin to implement two afore-mentioned systems (note 2) .

Card inspect meets censorial department executive director Mr Liang Zhongxian represents the market: "New system lets us can reach from time to time of security market of effectively censorial Hong Kong run. Stimulative market of this action conduce is clean-fingered and firm with promotion investor confidence, it is important that the position that regards advantageous international finance as the center to Hong Kong involves especially.

The negotiable securities outside system of investor identification code and field trades report system anticipates respectively 2022 second half of the year is reached carried out first half of the year 2023, but still need to inspect system testing reachs market drilling situation and decide. Considering is the opinion that place of second to inquire and consult receives, this meeting already delayed executive schedule, good of the intercrop when letting industry have more has (note 3) .

Be over

Remarks:

1. Those who include to must make a report to couplet is non-automati right dish trade instruction.
2. To implement concerned system, this meeting will sum up file place to narrate by to inquire and consult, right " negotiable securities and control commission of futures general affairs hold card person or register of person personal integrity criterion " make edit. These editing will print constitution, and the date go into effect that according to executive schedule Zuo decides. Card inspect is met will hold brief introduction to meet for industry, can teach committee to cooperate with investor and conduct financial transactions, so that be offerred to broad investor,concern information. Inspect also can meet card give out to agree to reach those who submit individual data in order to collect to open case about getting a client to industry.
3. According to the original proposal of file of to inquire and consult, the negotiable securities outside system of investor identification code and field trades report system drafts respectively on 2022 the first season is reached the 3rd season was carried out 2022. Make modification essentials to original proposal place, consult to inquire and consult summarizes a document please the 1st to 4 pages.

Newer finally date on August 10, 2021

(Turn from inspect of Hong Kong card message of meeting government website)