The Securities and Futures Commission (SFC) has announced the implementation of the Hong Kong Investor Identification Regime (HKIDR) that will affect all existing and new clients.
Under the HKIDR, individual clients are required to give their consent to the licensed corporation for transferring his/her personal data to the Stock Exchange of Hong Kong (SEHK) and the SFC in relation to securities trading on SEHK.
With effect from 20 March 2023, clients who do not provide their consents will no longer be able to use Hong Kong securities related services (other than to sell, transfer out or withdraw your existing holdings of securities, if any).
For corporate and institutional clients, you should be able to continue trading after the HKIDR takes effective. Please check with your Account Executive or our Client Services team for more details.
*If you hold an individual account and a joint name account, you are required to provide consent for both accounts separately.
Clients may provide their consent through the following channels:
• Online Portal
• UTRADE Mobile App
Menu > HKIDR Online Form
• By Email :
(please attach signed form copy)
• By Post :
6/F, Harcourt House, 39 Gloucester Road, Hong Kong
(Attn: Data Management Team)
(please attach signed form)
Time required for new or existing clients to start trading after successfully opening an account/submitting a valid consent form:
|Type of Account||Time required for clients to start trading|
|New Account||You can start trading after receiving the welcome letter from us or a notification from your Account Executive.|
|Individual/Joint Account||Generally, you can trade on T+2, given that T is the day you submitted the consent and is valid.|
|Inactive Account (Applies to both individual and joint accounts)||Account inactive can be due to various reasons. We suggest you to contact your Account Executive or our Client Services team for more details.|