Revised Return of Securities Related Activities (Securities Return)

Our Ref.: B1/15C 7 August 2024 The Chief Executive All Registered Institutions Dear Sir / Madam, Revised Return of Securities Related Activities (Securities Return) I am writing to enclose the Securities Return and the related completion instructions which have been revised following consultation with the industry associations in Annex 1 and Annex 2. Changes to the last version in use are highlighted to facilitate the preparation work of reporting institutions. These changes aim to expand the Securities Return to capture additional information relating to regulated activities carried on by Registered Institutions (RIs) under the Securities and Futures Ordinance (SFO), including Type 13 regulated activity (i.e. providing depositary services for relevant collective investment schemes) newly introduced under the SFO. The reporting frequency of the revised Securities Return remains unchanged, i.e. RIs should submit the Securities Return every 6 months not later than 21 days after the end of June and December each year. The first reporting period of the revised Securities Return will be from 1 July to 31 December 2024. The submission deadline of the first revised Securities Return will be on 21 January 2025. The revised Securities Return is being incorporated into the template of the STET (Submission Through Electronic Transmission) system, which will be available later this year.

This circular supersedes four relevant circulars on the Securities Return previously issued by the HKMA as set out in Annex 3. Should you have any questions relating to the above, please contact Mr Andy Lam at 2878-8790 or Mr Eric Mok at 2878-1405. Yours faithfully, Alan Au Executive Director (Banking Conduct) Encl. c.c. The Chairman, The Hong Kong Association of Banks The Chairman, The DTC Association The Chairman, Private Wealth Management Association Securities and Futures Commission (Attn: Mr Eric Yip, Executive Director (Intermediaries))