FAQ

Hong Kong Investor Identification Regime (“HKIDR”) and Over-the-counter Securities Transactions Reporting Regime (“OTCR”)

Applicability of Client Consent under HKIDR and OTCR

What kinds of clients need to provide consent under HKIDR and OTCR? Why do clients need to provide consent?

Only individual clients who have individual and/or joint account maintained under EBSI is required to provide consent in order to enjoy relevant Hong Kong Securities Trading services after the HKIDR and OTCR come into effect.

Last Update: 2022-06-07

Are the HKIDR and OTCR applicable to Securities Trading of all markets offered by Everbright Securities International?

The HKIDR and OTCR are applicable to the Hong Kong securities market only.

Last Update: 2022-06-07

What will happen if I do not provide consent or disagree with the consent?

Failure to provide consent, or if you disagree with the consent, will mean that EBSI will not, or will no longer, be able to carry out your buy orders of securities after the implementation of the HKIDR and OTCR.
Transfer-in of shares and deposit of physical share certificates to account(s) with us will not be accepted either, and you would only be able to sell or transfer out your existing holdings or withdraw physical share certificates, if any.

Last Update: 2022-06-08

Are the HKIDR and OTCR applicable to me?

The HKIDR and OTCR are applicable to any client who would like to carry out relevant Hong Kong Securities Trading services (which include purchase of securities, transfer-in of shares and deposit of physical share certificates to account(s)).

Last Update: 2022-06-07