Hong Kong and Taiwan clearers sign MOU 18 November 2011Taipei Reporter: Anna Reitman
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Hong Kong Securities Clearing (HKSCC) and Taiwan Depository and Clearing (TDCC) signed an MOU focused on cooperation and information exchange.
HKSCC, the clearing house and central depository for HKEx’s securities market, provides clearing, settlement, depository and nominee services for securities listed in Hong Kong. TDCC, the central depository in Taiwan, provides services for equity securities and fixed-income instruments.
The MOU was signed by Hong Kong Exchanges and Clearing (HKEx) chief executive Charles Li, who is also HKSCC Chairman, and TDCC Chairman Ding Kung-Wha at a ceremony in Taipei.
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