Common use of RISKS OF CLIENT ASSETS RECEIVED OR HELD OUTSIDE HONG KONG Clause in Contracts

RISKS OF CLIENT ASSETS RECEIVED OR HELD OUTSIDE HONG KONG. Client assets received or held by the licensed or registered person outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap.571) and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.

RISKS OF CLIENT ASSETS RECEIVED OR HELD OUTSIDE HONG KONG. 10.1. Client assets received or held by the licensed Broker or registered person its nominee(s) outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap.571Cap. 571) and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.