Common use of Customer Identification Clause in Contracts

Customer Identification. 2.1 Due to money laundering, counter terrorist financing or other requirements operating within the relevant jurisdiction, FSL or its agent is required to ascertain and record client identity details before FSL provides or continues to provide any services to the Customer. The Customer undertakes to provide FSL promptly with information or documentation relating to client identity as so requested. 2.2 FSL reserves the right (at its discretion) to request additional information or documentation relating to client identity in accordance with the applicable laws, rules and regulations including but not limited to the SFC Code of Conduct. 2.3 FSL is required, upon the request of the Exchange, the SFC or other legal or regulatory or governmental authority (whether in Hong Kong or elsewhere), to disclose the name, beneficial identity and such other information concerning the Customer as the relevant authority may require, and the Customer agrees to provide such information as FSL may require in order for FSL to comply with such requirements. 2.4 The Customer hereby acknowledges the existence of the Hong Kong Client Identity Rule Policy which is enforced by the SEHK, the SFC and other legal or regulatory or governmental authority (collectively "Regulators"). The Customer agrees to be bound by the terms and conditions and continuations set out in the Client Identity Rule Policy (see Section V of these Terms and Conditions).The Customer acknowledges that if relevant information is not provided to the relevant Regulators within two Business Days, FSL must refuse the Customer's application or refuse to provide any services to the Customer. 2.5 In consideration of FSL providing services to the Customer, the Customer warrants that in relation to any Transaction (whether for own account or as agent for and on behalf of another) involving securities listed or traded on SEHK or derivatives, including over the counter derivatives, written over such securities regardless of where such trades are effected: (a) where the information is available to FSL, FSL is expressly authorized to release to a Regulator upon request client identity information such as the identity, address and contact details of the ultimate client of, or the person responsible for originating the Instruction for, such Transaction and/or the person that stands to gain the commercial or economic risks for, or bear the commercial or economic risks of, the Transaction ("Information") without the Customer's further consent; (b) the Customer will supply immediately to FSL (or to the Regulator directly) the Information as requested by a Regulator; (c) where the Customer is acting as agent for and on behalf of another, the Customer has in place arrangements which will ensure that the Customer's client will provide the Information to FSL (or to the Regulator directly) immediately upon request; (d) the Customer will continue to provide, or ensure that the Customer's client provides, the Information as requested by a Regulator to FSL (or to the Regulator directly) notwithstanding termination of FSL's services to the Customer, in relation to any Transaction undertaken by the Customer prior to such termination; and (e) any right to confidentiality or any benefit of secrecy with respect to such Information under any applicable secrecy laws of the ultimate client of, or the person responsible for originating the Instruction for, such Transaction and/or the person that stands to gain the commercial or economic benefit for, or bear the commercial or economic risks of, the Transaction has been validly and irrevocably waived by them. 2.6 The provisions of this Clause 2 shall continue in effect notwithstanding the termination of this Agreement.

Customer Identification. 2.1 Due to money laundering, counter terrorist financing or other requirements operating within the relevant jurisdiction, FSL MSL or its agent is required to ascertain and record client identity details before FSL MSL provides or continues to provide any services to the Customer. The Customer undertakes to provide FSL MSL promptly with information or documentation relating to client identity as so requested. 2.2 FSL MSL reserves the right (at its discretion) to request additional information or documentation relating to client identity in accordance with the applicable laws, rules and regulations including but not limited to the SFC Code of Conduct. 2.3 FSL MSL is required, upon the request of the Exchange, the SFC or other legal or regulatory or governmental authority (whether in Hong Kong or elsewhere), to disclose the name, beneficial identity and such other information concerning the Customer as the relevant authority may require, and the Customer agrees to provide such information as FSL MSL may require in order for FSL MSL to comply with such requirements. 2.4 The Customer hereby acknowledges the existence of the Hong Kong Client Identity Rule Policy which is enforced by the SEHK, SEHK and the SFC and other legal or regulatory or governmental authority (collectively "“Regulators"”). The Customer agrees to be bound by the terms and conditions and continuations set out in the Client Identity Rule Policy 3 (see Section V of these Terms and Conditions).The Customer acknowledges that if relevant information is not provided to the relevant Regulators within two Business Days, FSL MSL must refuse the Customer's ’s application or refuse to provide any services to the Customer. 2.5 In consideration of FSL MSL providing services to the Customer, the Customer warrants that in relation to any Transaction (whether for own account or as agent for and on behalf of another) involving securities listed or traded on SEHK or derivatives, including over the counter derivatives, written over such securities regardless of where such trades are effected: (a) where the information is available to FSLMSL, FSL MSL is expressly authorized to release to a Regulator upon request client identity information such as the identity, address and contact details of the ultimate client of, or the person responsible for originating the Instruction for, such Transaction and/or the person that stands to gain the commercial or economic risks for, or bear the commercial or economic risks of, the Transaction ("“Information"”) without the Customer's ’s further consent; (b) the Customer will supply immediately to FSL MSL (or to the Regulator directly) the Information as requested by a Regulator; (c) where the Customer is acting as agent for and on behalf of another, the Customer has in place arrangements which will ensure that the Customer's ’s client will provide the Information to FSL MSL (or to the Regulator directly) immediately upon request; (d) the Customer will continue to provide, or ensure that the Customer's ’s client provides, the Information as requested by a Regulator to FSL MSL (or to the Regulator directly) notwithstanding termination of FSL's MSL’s services to the Customer, in relation to any Transaction undertaken by the Customer prior to such termination; and (e) any right to confidentiality or any benefit of secrecy with respect to such Information under any applicable secrecy laws of the ultimate client of, or the person responsible for originating the Instruction for, such Transaction and/or the person that stands to gain the commercial or economic benefit for, or bear the commercial or economic risks of, the Transaction has been validly and irrevocably waived by them. 2.6 The provisions of this Clause 2 shall continue in effect notwithstanding the termination of this Agreement.

Customer Identification. 2.1 Due to money laundering, counter terrorist financing or other requirements operating within the relevant jurisdiction, FSL MSL or its agent is required to ascertain and record client identity details before FSL MSL provides or continues to provide any services to the Customer. The Customer undertakes to provide FSL MSL promptly with information or documentation relating to client identity as so requested. 2.2 FSL MSL reserves the right (at its discretion) to request additional information or documentation relating to client identity in accordance with the applicable laws, rules and regulations including but not limited to the SFC Code of Conduct. 2.3 FSL MSL is required, upon the request of the Exchange, the SFC or other legal or regulatory or governmental authority (whether in Hong Kong or elsewhere), to disclose the name, beneficial identity and such other information concerning the Customer as the relevant authority may require, and the Customer agrees to provide such information as FSL MSL may require in order for FSL MSL to comply with such requirements. 2.4 The Customer hereby acknowledges the existence of the Hong Kong Client Identity Rule Policy which is enforced by the SEHK, SEHK and the SFC and other legal or regulatory or governmental authority (collectively "“Regulators"”). The Customer agrees to be bound by the terms and conditions and continuations set out in the Client Identity Rule Policy (see Section V of these Terms and Conditions).The Customer acknowledges that if relevant information is not provided to the relevant Regulators within two Business Days, FSL MSL must refuse the Customer's ’s application or refuse to provide any services to the Customer. 2.5 In consideration of FSL MSL providing services to the Customer, the Customer warrants that in relation to any Transaction (whether for own account or as agent for and on behalf of another) involving securities listed or traded on SEHK or derivatives, including over the counter derivatives, written over such securities regardless of where such trades are effected: : (a) where the information is available to FSLMSL, FSL MSL is expressly authorized to release to a Regulator upon request client identity information such as the identity, address and contact details of the ultimate client of, or the person responsible for originating the Instruction for, such Transaction and/or the person that stands to gain the commercial or economic risks for, or bear the commercial or economic risks of, the Transaction ("“Information"”) without the Customer's ’s further consent; ; (b) the Customer will supply immediately to FSL MSL (or to the Regulator directly) the Information as requested by a Regulator; ; (c) where the Customer is acting as agent for and on behalf of another, the Customer has in place arrangements which will ensure that the Customer's ’s client will provide the Information to FSL MSL (or to the Regulator directly) immediately upon request; ; (d) the Customer will continue to provide, or ensure that the Customer's ’s client provides, the Information as requested by a Regulator to FSL MSL (or to the Regulator directly) notwithstanding termination of FSL's MSL’s services to the Customer, in relation to any Transaction undertaken by the Customer prior to such termination; and and (e) any right to confidentiality or any benefit of secrecy with respect to such Information under any applicable secrecy laws of the ultimate client of, or the person responsible for originating the Instruction for, such Transaction and/or the person that stands to gain the commercial or economic benefit for, or bear the commercial or economic risks of, the Transaction has been validly and irrevocably waived by them. 2.6 The provisions of this Clause 2 shall continue in effect notwithstanding the termination of this Agreement.

Customer Identification. 2.1 Due to money laundering, counter terrorist financing or other requirements operating within the relevant jurisdiction, FSL MSL or its agent is required to ascertain and record client identity details before FSL MSL provides or continues to provide any services to the Customer. The Customer undertakes to provide FSL MSL promptly with information or documentation relating to client identity as so requested. 2.2 FSL MSL reserves the right (at its discretion) to request additional information or documentation relating to client identity in accordance with the applicable laws, rules and regulations including but not limited to the SFC Code of Conduct. 2.3 FSL MSL is required, upon the request of the Exchange, the SFC or other legal or regulatory or governmental authority (whether in Hong Kong or elsewhere), to disclose the name, beneficial identity and such other information concerning the Customer as the relevant authority may require, and the Customer agrees to provide such information as FSL MSL may require in order for FSL MSL to comply with such requirements. 2.4 The Customer hereby acknowledges the existence of the Hong Kong Client Identity Rule Policy which is enforced by the SEHK, SEHK and the SFC and other legal or regulatory or governmental authority (collectively "“Regulators"”). The Customer agrees to be bound by the terms and conditions and continuations set out in the Client Identity Rule Policy (see Section V of these Terms and Conditions).The Customer acknowledges that if relevant information is not provided to the relevant Regulators within two Business Days, FSL MSL must refuse the Customer's ’s application or refuse to provide any services to the Customer. 2.5 In consideration of FSL MSL providing services to the Customer, the Customer warrants that in relation to any Transaction (whether for own account or as agent for and on behalf of another) involving securities listed or traded on SEHK or derivatives, including over the counter derivatives, written over such securities regardless of where such trades are effected: (a) where the information is available to FSLMSL, FSL MSL is expressly authorized to release to a Regulator upon request client identity information such as the identity, address and contact details of the ultimate client of, or the person responsible for originating the Instruction for, such Transaction and/or the person that stands to gain the commercial or economic risks for, or bear the commercial or economic risks of, the Transaction ("“Information"”) without the Customer's ’s further consent; (b) the Customer will supply immediately to FSL MSL (or to the Regulator directly) the Information as requested by a Regulator; (c) where the Customer is acting as agent for and on behalf of another, the Customer has in place arrangements which will ensure that the Customer's ’s client will provide the Information to FSL MSL (or to the Regulator directly) immediately upon request; (d) the Customer will continue to provide, or ensure that the Customer's ’s client provides, the Information as requested by a Regulator to FSL MSL (or to the Regulator directly) notwithstanding termination of FSL's MSL’s services to the Customer, in relation to any Transaction undertaken by the Customer prior to such termination; and (e) any right to confidentiality or any benefit of secrecy with respect to such Information under any applicable secrecy laws of the ultimate client of, or the person responsible for originating the Instruction for, such Transaction and/or the person that stands to gain the commercial or economic benefit for, or bear the commercial or economic risks of, the Transaction has been validly and irrevocably waived by them. 2.6 The provisions of this Clause 2 shall continue in effect notwithstanding the termination of this Agreement.