) -5- Clause 16. A securities company shall keep the information and documents related to the custody of client’s assets at least two years for the Office’s verification and examination. CHAPTER III
of information (client verification) (3) record information gathered as well as opinions made under the KYC/CDD process. In identifying the client’s true identity under (1), the securities company must
identification), including the identity of the ultimate beneficial owner and the controlling person of the transactions; (2) verify the client’s identity using reliable sources of information (client verification
identity using reliable sources of information (client verification) (3) record information gathered as well as opinions made under the KYC/CDD process. In identifying the client’s true identity under (1
exchanges in a foreign country which is a member of the International Organization of Securities Commissions (IOSCO). Clause 4 For the purpose of regulating securities brokerage business undertaken by a
/2553 Re: Rules, Conditions and Procedures for Brokerage and Dealing of Securities Which Are Not Debt Securities or Investment Units (No.2) dated 1 February 2010. 3 Clause 4 For the purpose of regulating
/2553 Re: Rules, Conditions and Procedures for Brokerage and Dealing of Securities Which Are Not Debt Securities or Investment Units (No.2) dated 1 February 2010. 3 Clause 4 For the purpose of regulating
shall be made readily available for immediate use or verification by the management company , and shall be made available for the SEC Office’s inspection upon request. Clause 15 In case the SEC Office
immediate use or verification by the management company, and shall be made available for the SEC Office’s inspection upon request. Clause 15 In case the SEC Office deems appropriate, a management company
points of the criteria can be summarized as follows: Banks are allowed to conduct customer identity verification either in-person or remotely via the National Digital ID Platform (NDID). To verify