The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have jointly updated their FAQs for the Securities and Futures (OTC Derivative Transactions – Clearing and Record Keeping Obligations and Designation of Central Counterparties) Rules to include eight new Calculation Periods. The FAQ document also provides details on the date of application, scope and definitions, mechanism for calculating the requirement, prescribed forms and conditions and criteria for exemption. The updated FAQs have been made available on both SFC and HKMA’s websites.
resource: https://www.sfc.hk/-/media/EN/files/SOM/OTC/FAQ-CLearing-Rules-20230301-FINAL.pdf?rev=7f840a60228d4994b2ee4cbd844da315