The Securities and Futures Commission (SFC) today issued consultation conclusions on proposals to introduce investor identification for the securities market in Hong Kong and require reporting of over-the-counter (OTC) securities transactions.

Under the investor identification regime, licensed corporations and registered institutions will submit to The Stock Exchange of Hong Kong Limited (SEHK) the names and identity document information of clients placing securities orders on SEHK.

Information on OTC securities transactions in ordinary shares and real estate investment trusts listed on SEHK will be reported to the SFC under a separate regime.

https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=21PR82