According to Odaily, the Hong Kong Securities Regulatory Commission has announced the launch of a new online application and submission system named e-IP. This system is specifically designed for the management of investment products. The e-IP system, developed on the existing WINGS electronic service platform, is a one-stop online platform designed for e-IP users. It is used to submit new product approval applications and applications or submission of documents and information after approval/registration, track application progress, organize investment product information files, and pay related fees.
Once the new system is launched, the industry will be able to submit new product approval applications and applications or submission of documents and information after approval/registration through e-IP. At that time, the existing application and regulatory document submission channels will run parallel to e-IP for three months, until October 29, 2024, to allow market participants to familiarize themselves with the new system.