Investor Presentaiton
Hong Kong Investor ID Regime
Overseas Booking Model
Paragraph 61 of the SFC's Consultation Conclusion:
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"When a Relevant Regulated Intermediary routes securities orders abroad to an overseas broker, it should
include the client's BCAN in the securities order to that broker and put in place arrangements with that
overseas broker so that the securities order can be transmitted together with the BCAN to the executing
exchange participant. The client's CID should be submitted directly by the Relevant Regulated Intermediary
to the Stock Exchange of Hong Kong by way of inclusion in a BCAN - CID Mapping File."
Paragraph 64 of the SFC's Consultation Conclusion:
"Failure by a Relevant Regulated Intermediary to provide a BCAN in a securities order to its overseas broker
for onward transmission to an EP or to establish arrangements with its overseas broker for onward
transmission of the BCAN may constitute a breach of the Code of Conduct and subject to regulatory action by
the SFC.View entire presentation