Hong Kong Regulations

SECURITIES AND FUTURES (CLIENT MONEY) RULES - SECT 6

Treatment of interest on client money held in segregated accounts

(1) Subject to subsection (2), a licensed corporation or an associated entity
of a licensed corporation that holds client money of the licensed corporation
shall deal with amounts of interest derived from the holding of the client
money in a segregated account in accordance with section 5(1).

(2) Any amount of interest retained in a segregated account which the licensed
corporation or associated entity that holds the client money in question is
entitled to retain under an agreement in writing with a client of the licensed
corporation, being the client on whose behalf the client money is being held,
shall be paid out of the account by the licensed corporation or associated
entity within one business day after-

   (a)  the interest is credited to the account; or

   (b)  the licensed corporation or associated entity becomes aware that the
        interest has been credited to the account, whichever is the later.