Common use of Applicable Laws and Rules Clause in Contracts

Applicable Laws and Rules. 3.1 All Transactions will be effected in accordance with all laws, rules, regulatory directives, bye-laws, customs and usages applying to SW. This includes the rules, codes and guidance of the Exchange, HKSCC and SFC from time to time. All actions taken by SW in accordance with such laws, rules, regulatory directives, bye-laws, customs and usages will be binding on the Client. The Client also agrees that irrespective of his country of domicile (or if the Client is a company, its place of incorporation), any dispute with SW may at SW’s discretion be referred to the SFC, and not other securities regulators in any jurisdictions. 3.2 This Agreement is governed by, and may be enforced in accordance with, the laws of Hong Kong. 3.3 If the Client is an individual domiciled or a company incorporated outside Hong Kong, the Client shall, immediately upon demand by SW, appoint a person or an agent in Hong Kong to be his or its process agent to receive all notices and communications relating to any legal proceedings involving the Client, and the Client agrees that any service of any legal process on the process agent shall constitute sufficient service on the Client for purpose of legal proceedings in the Hong Kong courts. 3.4 No provision of this Agreement shall operate to remove, exclude or restrict any of the Client’s rights or obligations of SW under the laws of Hong Kong.