Free delivery

To facilitate the free delivery between transferors and transferees, the FSC has implemented the free delivery on a No Change of Ultimate Beneficiary basis from May 3, 2005. If both parties guarantee all information provided for the transfer is true and correct, and that the transfer does not involve any purchase or sale, it is applicable to the No Change of Ultimate Beneficiary basis.

Required Documentation

  • Assets transfer due to merger or division of a fund or a corporation, or any changes or adjustments resulting from internal reorganization (including wholly-owned subsidiaries and branches of the corporation):
    1. Registration Form and Declaration of Assets Transfer; (Original Document required)
    2. A complete list of securities and cash position after actual transfer。
    3. Proof of merger, division, or internal reorganization certified by the government authority or Board Resolution.
  • Assets transfer between FINI (Foreign Institutional Investor) and FINI or FINI and FIDI (Foreign Individual Investor), on “No Change of Final Beneficiary basis” (note transfer between FIDI and FIDI is not applicable):
    1. Registration Form and Declaration of Assets Transfer; (Original Document required)
    2. A complete list of securities and cash position after actual transfer。
    3. Legal document (e.g. contract) showing the relationship between the transferor and transferee. If the transferee is not the Final Beneficiary, legal documents (e.g. contract) showing the relationship between the transferee and the Final Beneficiary and a copy of registration certificate or passport of the Final Beneficiary is required.
  • Assets transfer based upon trust agreement:
    1. Registration Form and Declaration of Assets Transfer; (Original Document required)
    2. A complete list of securities and cash position after actual transfer
    3. Trust Deed between the Transferor FINI and the Transferee FINI or between Transferee FINI(being new trustee) and the beneficiary and Document(s) evidencing the Transferor FINI (being the old Trustee) has been discharged from being the Trustee.
  • Assets transfer due to ETFs Subscription / Redemption:
    1. Registration Form and Declaration of Assets Transfer; (Original Document required)
    2. A complete list of securities and cash position after actual transfer
    3. Redemption : the consent letter from the Securities and Futures Bureau、redemption registration form / order、Evidences/certificate, proving it has been settled.
      Subscription : the consent letter from the Securities and Futures Bureau、subscription registration form/order、Evidences/certificate, proving it has been settled.
  • Assets transfer based upon Court Orders / Rulings.
    1. Registration Form and Declaration of Assets Transfer; (Original Document required)
    2. A complete list of securities and cash position after actual transfer
    3. Copy of the court order or judgment, and certificate issued by an attorneys-at-law or a CPA, confirming the order or the judgment is final and conclusive.
  • Assets transfer from the Master Fund of an umbrella fund to a Sub-Fund of such umbrella fund on “No Change of Final Beneficiary” basis:
    1. Registration Form and Declaration of Assets Transfer; (Original Document required)
    2. A complete list of securities after actual transfer
    3. The prospectus of the equivalent umbrella fund evidencing the master/sub fund relationship of the Transferor FINI (being the Master Fund) and the Transferee FINI (being the Sub-Fund).
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