ASIFMA BANK MEMBERSHIP APPLICATION FOR 2023-2024
Firm Name* __________________________________________________________________________________________
Address____________________________________________________________________________________________

City ________________________________________ State/Province ___________________________________________Zip/Postal Code __________________________________ Country_____________________________________________Web Site Address ______________________________________________________________________________________
Is your firm a registered institution at the regulatory body of your jurisdiction?
☐ Yes (Please specify the regulator ________________________________ )☐ No (More details and supporting documents may be requested by ASIFMA.)NOMINATED REPRESENTATIVE**
Name _______________________________________________________________________________________________
Title ________________________________________________________________________________________________
Department __________________________________________________________________________________________Phone _______________________________ Fax ___________________________________________________________
E-mail Address ________________________________________________________________________________________DUES CONTACT
Name _______________________________________________________________________________________________
Title ________________________________________________________________________________________________
Department __________________________________________________________________________________________
Phone _______________________________ Fax ___________________________________________________________
E-mail Address ________________________________________________________________________________________RELATED ORGANIZATIONS:
Please list parent company, if any:____________________________________________________________________________________________________*Membership includes any and all majority owned group affiliates of a member firm at no-additional cost.

Please specify other related associated companies, (i.e., JVs), if any:________________________________________________________________________________________________________________________________________________________________________________________________________**The Nominated Representative will exercise the member’s voting rights and otherwise be responsible for speaking or acting on
behalf of the member, as applicable.

How do you get to know ASIFMA? Please specify: ______________________________________________________________

www.asifma.org
Unit 3603 | 36th Floor | Tower 2 | Lippo Centre | 89 Queensway | Admiralty | Hong Kong | +852 2531 6500 | info@asifma.org

DUES
A current list of dues and dues categories is contained in Appendix I of this application (though this is subject to review at the end ofeach financial year being 31 October). Dues are payable in Hong Kong dollars and shall be paid gross without withholding or
deduction for taxes, levies, duties, bank charges or any other deductions of any nature.
TERMS AND CONDITIONS
Subscriptions•The membership year shall, unless otherwise determined by the Board, run from 1 November to 31 October.

•An institution joining during the year will pay a pro-rata amount equivalent to the remaining part of the membership year.

Resignation & Removal from Membership, Right of Appeal•

Each member firm is entitled to terminate ASIFMA membership by giving 6 months’ prior written notice. ASIFMA
membership is deemed to be renewed automatically on 1 November unless written notice has been received by 1 May ofthat year.

•Member firms are liable for their pro-rata share of any financial or other obligations entered into prior to the date of theirresignation from ASIFMA.

•No paid membership dues shall be refunded to any member which resigns or which membership is terminated.

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MEMBERSHIP AGREEMENTAs the duly authorized representative of _______________________________ (the “Applicant”) and acting on behalf
Insert Firm/Company Nameof the Applicant, I the undersigned hereby apply for membership in the Asia Securities Industry and Financial Markets Association(ASIFMA) and, if admitted, agree: (1) To comply with ASIFMA’s By-Laws and advance its purposes; and (2) To pay such initial dues
and assessments that are agreed to by the Applicant and other dues, assessments and charges in the manner and amount as shallfrom time to time be fixed by the ASIFMA’s Board of Directors pursuant to the By-Laws. Dues once paid are not refundable andresignation from membership is only effective at the end of each financial year.

I hereby certify that the statements made herein are true and complete. I understand that in the event false information is given inthis application or there are omissions of material facts, the Applicant’s request to join ASIFMA may be denied; or, if admission has
previously been granted, such false information may be grounds for termination of membership.

I acknowledge that information provided in this application form will be used by ASIFMA to process the application request. Onceapproved, I hereby authorize and allow ASIFMA to indicate the Applicant’s membership on ASIFMA’s website and in its various
marketing materials. I consent to the release of the Applicant’s membership status and information provided herein to ASIFMA, its
employees and agents and other trade associations at ASIFMA's sole discretion.
I have read and understood ASIFMA’s Personal Information Collection Statement contained in Appendix II of this application.

By _________________________________________

Title ________________________________________

Signature ______________________________________

Date _________________________________________PLEASE DIRECT ALL INQUIRIES AND COMPLETED APPLICATION FORMS TO:
The Asia Securities Industry and Financial Markets Association Limited
Unit 3603, Tower 2
Lippo Centre
89 Queensway
Admiralty, Hong Kong
Tel: 852 2531 6500
Fax: 852 2537 1673
E-mail: wwong@asifma.org

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Appendix I – DUES and DUES CATEGORIES1

2023-2024
Dues structure:
ASIFMA dues are assessed on a sliding scale designed to reflect the actual services received by banks/securities dealers/market
makers. For example, a global or regional bank active in the vast majority of product/policy areas and countries covered by
ASIFMA would pay at the top tier; whereas a local bank operating in one, smaller country, with a limited capital markets productfootprint, would pay at the lowest tier. Other firms would pay at levels in between. We currently have Equities and Fixed
Income Divisions that cover the following product/policy areas (some shared by the two Divisions): Compliance, Credit, Equity
Trading, Funding, Government Bonds, Offshore RMB, Post-Trade, and Securitization. Our primary focus countries are China,Hong Kong, India, Indonesia, Korea, and Singapore. Our secondary focus countries are Malaysia, Philippines, Taiwan, andThailand. Applicants should self-certify by indicating the applicable tier level below.
All member applications, including the tier designation, will be reviewed for approval by the Board; otherwise, they will remain
confidential.

CategoryBanks/Securities Dealers/Market Makers Tiers
ABCDEFGHIJKL

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2

HKD$2

$1,684,100 $1,347,250 $1,203,000 $842,000 $673,650 $433,100 $288,700 $221,400 $168,400 
$134,720 $110,700 $57,800 Subject to change at the end of each financial year (31 October) or at other times as determined by the Board of Directors.
Net amount, excludes bank transaction fees.

4Appendix II – Personal Information Collection Statement
This Personal Information Collection Statement is made by the Asia Securities Industry and Financial Markets Association Limited inaccordance with the Personal Data (Privacy) Ordinance of the Hong Kong Special Administrative Region (the “Ordinance”) andcontains details of how ASIFMA may collect, hold, process and use the personal data collected from you or relevant representativesof your firm or company. “Personal data” means any personally identifying information as more particularly defined in the Ordinance.

WHAT ASIFMA GATHERSASIFMA collects and keeps information about how to reach you or relevant representatives (such as names, titles, firms, mailing ande-mail addresses, and phone and fax numbers) and information about the specific markets, functional areas, and types of information
pertinent to you or relevant representatives. ASIFMA uses this data to help provide useful information to you or relevant
representatives and to avoid providing information that isn't useful.

WHAT ASIFMA DOES WITH THE DATA
•Order Forms and Registration Forms: ASIFMA keeps track of addresses to facilitate re-registration or reordering. Otherinformation is gathered to facilitate billing, product shipment or other relevant services.

•

Password Requests: Information gathered in the course of an application for a password access to members-only pages
is only used to generate and communicate the password, as appropriate.

•Webpage Subscriptions: A subscriber’s email address will be used only to notify the subscriber when the page is updated.

•Member Survey Responses: From time to time ASIFMA updates its member database and address list through a member
survey in order to keep members properly informed and to tailor ASIFMA’s Website based and printed materials to suitmember preferences.

•Information collected by IP address and Cookies: This information is used by ASIFMA for broad demographic data, toproduce aggregated information about the number and types of visitors to the Website and to ensure ASIFMA delivers theinformation members want.

•In a few carefully considered cases ASIFMA will provide personal data to reputable organizations (including other tradeassociations in Hong Kong or overseas and ASIFMA’s global alliance partners: the Global Financial Markets Association(GFMA), the Securities Industry and Financial Markets Association (SIFMA) and the Association for Financial Markets inEurope (AFME)) that it believes may provide information of interest to industry participants. In very rare circumstances
ASIFMA may be judicially compelled to produce such data to authorities.

HOW TO CONTROL YOUR INFORMATION
Should you or any representative wish to be removed from ASIFMA’s member database at any time, or if you or any
representative feels ASIFMA has inaccurate or outdated information about you, please contact us at wwong@asifma.org.

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