đGood news! The Hong Kong Securities and Futures Commission announced that it will launch a new online application and submission system, e-IP, on July 29! đThis system is designed for investment products managed by the Investment Products Department and is developed based on the existing WINGS electronic service platform. đe-IP will serve as a one-stop online platform for users to submit new product approval applications, track application progress, organize investment product information files, and settle related fees.
đAfter the new system is launched, the industry can submit new product approval applications and applications or submit information and documents after approval/registration through e-IP. đIt is worth noting that the existing application and regulatory document submission channels will run in parallel with e-IP for three months until October 29, 2024, so that market participants can familiarize themselves with the new system. đThis is undoubtedly a major step forward for the blockchain industry. Let us look forward to more innovation and development! đ
