recognised clearing house means a recognized clearing house as referred to in the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) or a clearing house or authorised share depository recognized by the laws of the jurisdiction in which the shares of the Company are listed or quoted on a stock exchange in such jurisdiction;
More Definitions of recognised clearing house
recognised clearing house means published as a paid advertisement in English in at least one English language newspaper and in Chinese in at least one Chinese language newspaper, being in each case a newspaper published daily and circulating generally in Hong Kong in accordance with the Listing Rules. shall mean published in English and Chinese on the Exchange’s website in accordance with the Listing Rules. shall have the meaning ascribed thereto in Part I of Schedule 1 of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) and any amendments thereto or re-enactments thereof for the time being in force and includes every other law incorporated therewith or substituted therefor.
recognised clearing house means a financial institution operating in an EEA state or an OECD member state which meets the requirements for recognition as set by the laws or the supervisory authority of its home country and which administers settlements, or an organisation engaged in clearing house activities as specified in the Capital Market Act. For organisations engaged in clearing house activities executing the settlement of derivative transactions it is a further criterion that the settlement system of the organisation should ensure to the satisfaction of the supervisory authority of its home country that in the case of derivative transactions the person using the clearing service will satisfy daily margin requirements
recognised clearing house means a clearing house within the meaning of the Securities and Futures Ordinance (Cap.571 of the Laws of Hong Kong) and any amendments thereto or re-enactments thereof for the time being in force;