Hong Kong Regulations

SECURITIES AND FUTURES (FINANCIAL RESOURCES) RULES - SECT 14

Assignments

(1) A licensed corporation shall not include in its liquid assets any amount
receivable by it from any of its clients if such amount has been assigned by
it to another person.

(2) A licensed corporation shall not treat any collateral or any other type of
security deposited with it by any of its clients as so deposited where such
collateral or other type of security has been assigned by it to another
person.