BNP Paribas Securities (Asia) Ltd

Regulation

Regulatory Disclosure

BNP Paribas Securities (Asia) Limited (“BNPP SEC ASIA”) publishes below regulatory disclosures, client documents and communications to enable the public and our clients understand some of our key regulatory obligations, as well as our business and services. For additional information please contact your BNPP SEC ASIA representative.

Executive Order 13959

Executive Order 13959, as amended: BNPP clients and counterparties are responsible for ensuring that they comply with applicable provisions of Executive Order 13959 (and any subsequent official guidance).

Best Execution

The following section sets out the order handling and execution policy adopted by BNPP SEC ASIA. 

Policy
Order Handling and Execution Policy
Order Handling and Execution Policy – Listed Derivatives Instruments Appendix
Indications of Interest (IOIs)

The document below has been designed to provide clients with information on principles & mechanisms of BNPP SEC ASIA when advertising IOIs in order to protect the interest of clients.

IOI disclosure
Indications of Interest
Disclosure to clients in Australia

Please be aware that BNPP Sec (Asia) Limited:

  • (a) Is exempt from the requirement to hold an Australian Financial Services License; and
  • (b) Is regulated by the SFC under HK laws, which differ from Australian laws.

There is no associated change to any aspects of the service provided to you by BNP Paribas Securities (Asia) Limited.

CSDR Article 38(6) Disclosures

The following documents describe the cost structure and the level of protection associated with the two types of segregated securities accounts (omnibus client segregated accounts and individual client segregated accounts) that BNP Paribas Securities (Asia) Limited provides in respect of securities that it holds directly for its clients with Euroclear Bank in accordance with Article 38 of the Central Securities Depository Regulation (CSDR – Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014).

Disclosures
Article 38 CSDR risk disclosure – BNP Paribas Securities (Asia) Limited (Euroclear)
Article 38 CSDR costs disclosure
Alternative Liquidity Pool (ALP) DISCLOSURES

This document sets out the alternative liquidity pool disclosures of BNP Paribas Securities (Asia) Limited (“BNPP Sec Asia”) when handling transactions in cash equities (“the Disclosures”).

BNPP Sec Asia provides electronic trading services to its clients, including its affiliates which take principal or riskless principal positons. Such services enable the access to, and execution of trades via, alternative liquidity pools (“ALPs”), or commonly known as dark pools, operated by other service providersor affiliates of BNPP Sec Asia (collectively referred to as “Third Party ALPs”). The Third Party ALPs can be used by clients, authorized front officers of BNPP Sec Asia (executing on behalf of clients), and affiliates of BNPP Sec Asia (collectively referred to as “users”).

Currently in Asia-Pacific region, BNPP Sec Asia offers access to and interactions with ALPs operated by third party providers in Hong Kong, Japan and Australia.

BNPP Sec Asia does not own, control or operate any of the ALPs provided to users.

ALP Disclosures
BNP Paribas Sec Asia ALP Disclosures
Security and Fraud Awareness

The message below is to raise the awareness of your account security, fraud, and prevention of unauthorised account activity.

We urge all clients to remain vigilant and proactive in safeguarding their accounts. Cyber threats continue to evolve in sophistication, and protecting sensitive information is paramount. Clients are reminded to never enter personal information, login credentials, or one-time passwords (OTPs) into hyperlinks that direct you to any websites or platforms, especially those received via unsolicited emails or messages. Always be vigilant and verify the authenticity of any communications before taking action.

If you suspect or notice that unauthorised account activity has occurred in your account, please contact your BNPP representative via trusted channels (e.g. the usual phone number, email addresses) immediately. Timely reporting enables us to investigate and take appropriate measures to mitigate potential losses.

In addition, we strongly encourage clients to report any suspected unauthorised account activity to the Hong Kong Police Force. Prompt reporting helps to accelerate law enforcement and contributes to broader financial system integrity.

For more content on cybersecurity awareness, you may refer to the following third-party resources offering insights into emerging threats, scam typologies and best practices for digital safety: