### Securities and Futures Ordinance 《證券及期貨條例》

135. Events to be reported by licensed persons and registered institutions
(1) A licensed person or registered institution who intends to cease to carry on any regulated activity for which he is licensed or registered shall notify the Commission and (in the case of a registered institution) the Monetary Authority in writing of such intended cessation as soon as reasonably practicable and in any event not later than 7 business days before such intended cessation.
(2) An intermediary shall give to the Commission and (in the case of a registered institution) the Monetary Authority at least 7 business days’ advance notice in writing of any intended change of address at which it proposes to carry on the regulated activity for which it is licensed or registered.
(3) Subject to subsection (5), where a person has provided any information to the Commission under any provision of this Part and a change in the information occurs, then in such circumstances as are prescribed by rules made under section 397 for the purposes of this subsection, the person shall, within 7 business days of the change, give notice in writing of the change containing a full description of it.
(4) The notice referred to in subsection (3) shall be given to the following person or persons—
(a) (where the information has been provided in connection with an application under any provision of this Part and the Commission is still considering the application) the Commission; or
(b) (in other cases) the Commission and (if the information provided relates to a registered institution) the Monetary Authority.
(5) Where the information has been provided in connection with an application under any provision of this Part and the application has been refused or withdrawn, subsection (3) shall no longer apply in relation to the information.
(6) Where a person becomes or ceases to be a director of a licensed corporation, both the person and the corporation shall, within 7 business days thereafter, notify the Commission in writing of the name and address of the person and of the nature of the position which he occupies or has ceased to occupy (as the case may be).
(7) A person who, without reasonable excuse, contravenes subsection (1), (2), (3) or (6) commits an offence and is liable on conviction to a fine at level 5.

### Securities and Futures Ordinance 《證券及期貨條例》

136. Commission to maintain register of licensed persons and registered institutions
(1) The Commission shall maintain a register of licensed persons and registered institutions in such form as it considers appropriate.
(2) The register maintained under subsection (1) shall contain in relation to each licence or registration—
(a) the name and business address of the licensed person or registered institution (as the case may be);
(b) such conditions of the licence or registration (as the case may be) as the Commission considers appropriate;
(c) in relation to each licensed representative, the name of his principal;
(d) in relation to the licensed corporation or registered institution (as the case may be) the name and business address of each of its executive officers; and
(e) such other particulars as are prescribed by rules made under section 397 for the purposes of this subsection.
(3) The register may be maintained—
(a) in a documentary form; or
(b) by recording the information required under subsection (2) otherwise than in a documentary form, so long as the information is capable of being reproduced in a legible form.
(4) For the purposes of enabling any member of the public to ascertain whether he is dealing with a licensed person or a registered institution in matters of or connected with any regulated activity and to ascertain the particulars of the licence or registration of such person or institution (as the case may be), the register shall be made available for public inspection at all reasonable times.
(5) At all reasonable times, a member of the public may—
(a) inspect the register, or (where the register is maintained otherwise than in a documentary form) a reproduction of the information or the relevant part of it in a legible form; and
(b) obtain a copy of an entry in or extract of the register on payment of the prescribed fee.
(6) A document purporting to be—
(a) a copy of an entry in or extract of the register maintained under this section; and
(b) certified by an authorized officer of the Commission as a true copy of the entry or extract referred to in paragraph (a),

shall be admissible as evidence of its contents in any legal proceedings.
(7) Without derogating from the other provisions of this section, the Commission shall, in addition, cause the register to be available to the public in the form of an on-line record.

### Securities and Futures Ordinance 《證券及期貨條例》

137. Publication of names of licensed persons and registered institutions
(1) The Commission shall at least once in each year publish at such time and in such manner as it considers appropriate the name and address of each licensed person and registered institution, the regulated activities for which the person or institution is licensed or registered and such conditions of the licence or registration as the Commission considers appropriate.
(2) If the Commission amends the register maintained under section 136 by adding or removing the name of a licensed person or registered institution or varying the regulated activity for which a licensed person or registered institution is licensed or registered or any condition of a licence or registration, it shall publish particulars of the amendment within one month after making the amendment.

138. Annual fee and return
(1) A person licensed under section 116 or 120(1) or a registered institution shall pay to the Commission an annual fee prescribed by rules made under section 395 for the purposes of this subsection.
(2) The annual fee shall be payable within one month after each anniversary of the date of grant of the licence or certificate of registration (as the case may be), or on such other date as may be approved by the Commission by notice in writing.
(3) In default of full payment of the annual fee as required under subsection (2), the person shall pay to the Commission an additional sum calculated as follows—
(a) 10% of the fee or such part of the fee (as the case may be) that remains unpaid for the first month after the due date for its payment;
(b) 20% of the fee or such part of the fee (as the case may be) for each subsequent month when it remains unpaid,

and in calculating the additional sum for the purposes of this subsection, any fraction of a month shall be treated as a month.
(4) A person licensed under section 116 or 120(1) shall submit an annual return to the Commission—
(a) within one month after each anniversary of the date on which the person is licensed; or
(b) by such other date as may be approved by the Commission by notice in writing,

which return shall contain such information as is prescribed by rules made under section 397 for the purposes of this subsection.

### Securities and Futures Ordinance 《證券及期貨條例》

140. Procedural requirements
(1) If the Commission forms a preliminary view to—
(a) refuse the whole or a part of an application made under this Part;
(b) impose conditions on approving an application; or
(c) amend or revoke the conditions of, or impose new conditions to—
(i) a licence granted under section 116, 117, 120 or 121, or any registration under section 119;
(ii) an accreditation approved or transferred under section 122;
(iii) an approval for a person to be a responsible officer under section 126 or to become or continue to be (as the case may be) a substantial shareholder under section 132; or
(iv) a modification or waiver granted under section 134(1),

then the Commission shall, before making its final decision—
(i) inform the applicant or the relevant licensed corporation, registered institution, licensed representative, responsible officer or approved substantial shareholder (as the case may be) of the ground for the preliminary view; and
(ii) give such person a reasonable opportunity of being heard.
(2) When the Commission makes a final decision, it shall, as soon as reasonably practicable, notify the applicant or the relevant licensed corporation, registered institution, licensed representative, responsible officer or approved substantial shareholder (as the case may be) in writing of its decision and the reasons for making such decision.