Common use of Client Identity Clause in Contracts

Client Identity. 16.1 Assistance to Hong Kong Regulators: USL is required to provide to SFC and the Exchange identity details of the ultimate person(s) for whom it is processing a Transaction as well as the person(s) who give(s) Instructions in relation to that Transaction within two (2) business days of their request. In exceptional market circumstances, the details may have to be made available very shortly after the request. Alternatively, USL may provide the required details directly to the regulators in the manner described below.