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Article NO. Content


Regulations Governing Securities Borrowing and Lending by Securities Firms  CH

Amended Date: 2015.11.02 
Article 7     A securities firm shall adopt an effective internal control system for the conduct of securities borrowing and lending business.
    The internal control system under the preceding paragraph shall set out "Know your Customer" assessment and credit review procedures, operating procedures for the conduct of securities lending, division of authority and responsibilities, controls on borrowing and lending transaction limits, customer accounts management, as well as relevant risk management mechanisms.