2026-05-29

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SFC Guidance Note on Preparing for the Uncertificated Securities Market Regime

Securities issuers must review and amend their terms of issue, such as articles of association, to ensure consistency with the uncertificated securities market regime. These amendments must be completed by the first anniversary of the regime's launch on 16 November 2027, or by the date of the first annual general meeting after launch, whichever is later. Additionally, issuers are required to maintain an approved securities registrar at all times upon the regime's implementation.

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Securities and Futures Commission Hong Kong

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