Notice for the Personal Information Collection Statement Concerning the Implementation of HKIDR, OTCR and FINI

According to the circular issued by the Securities and Futures Commission (SFC) on 13 Sep 2021, the Hong Kong Investor Identification Regime (HKIDR) and Over-the-counter Securities Transactions Reporting Regime (OTCR) will be implemented tentatively in the second half of 2022 and the first half of 2023 respectively<Brief introduction to the HKIDR for investors (SFC leaflet)>.

Besides, in July 2021, Hong Kong Exchanges and Clearing Limited (HKEX) published the Conclusions Paper to the November 2020 FINI Concept Paper to introduce a new platform, FINI (Fast Interface for New Issuance), to comprehensively streamline and digitalize Hong Kong’s IPO settlement process. As mentioned in the FINI Conclusions Paper, HKEX intends to leverage on the SFC’s investor identification regime for the securities market in Hong Kong at trading level (HKIDR) and an over-the-counter securities transaction reporting regime (OTCR) for investor identification in FINI. FINI will be implemented tentatively in the second half of 2022

In order to implement the above new regime / platform and meet the requirements of the HKEx and/or the SFC, Chong Hing Securities needs to obtain your consent for the transfer of your personal data to HKEX (in both case of the HKIDR and FINI) and the SFC (in both cases of the HKIDR and the OTCR).

Failure to provide us with your personal data or the consent may mean that our Company will not, or will no longer be able to, as the case may be, carry out your trading instructions or provide you with securities related services (other than to sell, transfer out or withdraw your existing holdings of securities, if any).