Hong Kong Regulations

SECURITIES AND FUTURES (FINANCIAL RESOURCES) RULES - SECT 20

Cash in hand and at bank

A licensed corporation shall include in its liquid assets-

(a) cash in hand which it beneficially owns;

   (b)  money which it beneficially owns and holds in its name, or in a
        segregated account, with an authorized financial institution or an
        approved bank incorporated outside Hong Kong in the form of-

        (i)    a demand deposit; or

        (ii)   a time deposit which will mature in 6 months or less; and

   (c)  interest accrued on any deposit referred to in paragraph

   (b)  (ii).