Is HKIDR applicable to all markets offered by BOOM?
No, HKIDR is applicable to Hong Kong market only.
Why do I need to give consent to BOOM for HKIDR?
Personal data is protected by the Personal Data (Privacy) Ordinance. BOOM have to obtain prior consent from you before submitting your identity document information to relevant regulators. To give us consent, simply login to your account, select "HKIDR" from the "Terms and Declarations" dropdown on the Portfolio page, and agree on the terms as shown.
What will happen if I do not provide consent or disagree with the consent?
You will be restricted from buying Hong Kong securities, transferring-in Hong Kong securities and depositing physical share certificates.
I have given consent for HKIDR. Do I still need to give separate consent for OTCR?
No, your consent is applicable for both of HKIDR and OTCR.
Do I still need to give consent to BOOM if I have already submitted the consent to another licensed broker or bank?
Yes, you still need to give your consent to BOOM. Each licensed broker or bank has to obtain independent consent from its clients.
What will happen if my CID does not meet the identity document waterfall requirement?
You may be restricted from buying Hong Kong securities, transferring-in Hong Kong securities and depositing physical share certificates until you have updated it.