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Amendments

Title：

Regulations Governing Securities Finance Enterprises  CH

Amended Date： 2018.02.12 
Article Content Chapter Content Search Article No. Search Legal Basis Subordinate Legislation Amended Article Legislative History Chinese

Title： Regulations Governing Securities Finance Enterprises(2009.07.22)
Date：
Article 46 When a securities finance enterprise engages in securities lending business, the use of its securities shall be restricted to the following:
1. For use by customers in brokered sales of the securities through a securities firm.
2. For use by securities finance enterprises and customers for redelivery of borrowed securities or as compensation for securities entitlements.
3. For use by securities finance enterprises as a source of securities for securities margin purchase and short sale business.
4. For use by securities finance enterprises as a source of securities for the return of customer collateral in connection with securities margin and short sale business.
5. For redelivery by customers of spot securities borrowed in short sales.
6. For use by securities finance enterprises in covering shortfalls of securities occurring in short sale business.
7. For performance by customers of settlement on call/put warrants, equity options, and other equity-type financial instruments.
8. For use by customers in in-kind creation or redemption of exchange traded fund (ETF) units or offshore ETF units.
9. Other uses as approved by the competent authority.