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
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.