Amendments to the CCASS Operational Procedures (the “Procedures”) of Hong Kong Securities Clearing Company Limited (“HKSCC”)

Participants of CCASS are advised to take note of the approved modifications to the Procedures, as authorized by the Securities and Futures Commission. These changes pertain to the implementation of two-factor authentication for accessing CCASS Terminals by Clearing Participants and Designated Banks. The amendments provided in the Appendix will be enforceable starting from Monday, 25 September 2023.

CCASS Operational Procedures:

https://www.hkex.com.hk/-/media/HKEX-Market/Services/Rules-and-Forms-and-Fees/Rules/HKSCC/Rule-Update_CCASS-Operational-Procedures/056_23_CCASSOP_Smartcard-Replacement-II_e_markup.pdf

Resource:

https://www.hkex.com.hk/-/media/HKEX-Market/Services/Circulars-and-Notices/Participant-and-Members-Circulars/HKSCC/2023/056_23_CCASSOP_Smartcard-Replacement-II_e.pdf