On Aug. 7, HKMA revised return of securities-related activities.
HKMA revised the reporting requirements of the return of securities-related activities (securities return) as well as the revised securities return template.
Aims to expand scope of securities return to capture additional information relating to regulated activities carried on by registered institutions (RIs) including type 13 regulated activity, re depositary services for relevant collective investment schemes.
Amendments
Add type 10 activity in relation to providing credit rating services and type 13, providing depositary services for the relevant collective investment schemes.
Effectiveness
The first reporting period of the revised securities return will be from Jul. 1 to Dec. 31, 2024; the first submission deadline will be on Jan. 21, 2025.
