Investor Presentaiton

Hong Kong Investor ID Regime Overseas booking model • un Q&A It was noted in #9a of consultation conclusion paper that the scope of Relevant Client will be revised to exclude clients of overseas affiliates from HKIDR. On the other hand, #61-64 of the paper mentioned that the Relevant Regulated Intermediaries need to provide a client BCAN to overseas broker for onward transmission to an EP. Hence, we would like to seek clarification that if the business model is set up in a way that Relevant Regulated Intermediaries are on-boarded with overseas broker affiliates, does it mean the scope of Relevant Client would still include clients of Relevant Regulated Intermediaries?

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