Market Turnover


Settlement Agent and Access to CCASS from a Foreign Jurisdiction

Settlement Services  

Explanatory Notes

Application for Settlement Agents / Access to CCASS from a Foreign Jurisdiction

1.      Approval of Application

Pursuant to Chapter 38 of the General Rules of CCASS, HKSCC may, on Participant’s application, approve the appointment of a Settlement Agent (“SA”) by a Participant to use on behalf of the Participant the services of CCASS provided by HKSCC. Approval of application for the appointment of a Settlement Agent is entirely at the discretion of HKSCC.  HKSCC may impose such conditions as it thinks fit on the approval of such application.

2.      Procedures for Applications

Applicant should complete the prescribed Application Form or Cancellation Form and submit by post or by hand to the Clearing Administration & Services, Clearing Operations of Hong Kong Securities Clearing Company Limited at 30/F, One Exchange Square, 8 Connaught Place, Central, Hong Kong. 

If the proposed SA is located in a foreign jurisdiction, applicant should comply with Chapter 39 of the General Rules of CCASS. Applicant should submit the legal opinion as required by Rule 3904 together with the application.

Settlement Services - List of Settlement Agent 

1. Citibank N.A. Hong Kong TEL: (852) 28687945
FAX: (852) 30090937
Edward Tse
Head of Hong Kong Direct Custody & Clearing
2. Deutsche Bank AG TEL: (852) 22035004
FAX: (852) 22037801
Tony Chao
Head of Securities Services Greater China & Head of Sales North Asia
3. Standard Chartered Bank (Hong Kong) Limited TEL: (852) 39281808/ 28211950
FAX: (852) 28453477/ 28109197
Clement Lam
Regional Head Securities Services, Greater China
Candy Kang
Director, Securities Services Product Management, NEA


4. The Hongkong and Shanghai Banking Corporation Limited TEL: (852) 29149119
FAX: (852) 34092532
Pat Wan
Head of Direct Custody Clearing & Broker Outsourcing Operations Hong Kong    


3.      Frequently Asked Questions

More information on the appointment of Settlement Agent and the related matters can be found in the FAQ. For further questions or queries, please call CCASS hotline at 2979-7111.


Updated 09 May 2024