Where an HSBC entity is a direct participant in a Central Securities Depository (CSD) authorised under Central Securities Depositories Regulation, HSBC is required to:
- offer its clients the choice of omnibus client segregation and individual client segregation at the CSD and inform them of the costs and risks associated with each option (Article 38(5) Central Securities Depositories Regulation); and
- publicly disclose the levels of protection and the costs associated with the different level of segregation that we provide (Article 38(6) Central Securities Depositories Regulation).
In compliance with Article 38(5) Central Securities Depositories Regulation, clients of HSBC's Global Markets business should review the following CSD account offer notices and, if required, contact their HSBC relationship manager to discuss their choice of CSD account segregation.
- Offer of choice of segregated accounts at CSD level under CSDR Article 38(5) – HSBC Bank plc acting through its HSBC Global Markets business
- Offer of choice of segregated accounts at CSD level under CSDR Article 38(5) – The Hongkong and Shanghai Banking Corporation Limited acting through its HSBC Global Markets business
- Offer of choice of segregated accounts at CSD level under CSDR Article 38(5) – HSBC Securities (Japan) Limited – acting through its HSBC Global Markets business (English)
- Offer of choice of segregated accounts at CSD level under CSDR Article 38(5) – HSBC Securities (Japan) Limited – acting through its HSBC Global Markets business(日本語)
In compliance with Article 38(5) Central Securities Depositories Regulation, clients of HSBC's Securities Services business should review the following CSD account offer notices and, if required, return the applicable Central Securities Depositories Regulation EEA CSD Account Election Form for the relevant HSBC entity:
- Central Securities Depositories Regulation EEA CSD Account Election Form - HSS - HBFR - Greece
- Central Securities Depositories Regulation Article 38(5) CSD Notice to Clients - HSS - HBFR- Greece
- Central Securities Depositories Regulation EEA CSD Account Election Form - HSS - HSBC Bank Argentina S.A
- Central Securities Depositories Regulation Article 38(5) CSD Notice to Clients - HSS - HSBC Bank Argentina S.A
- Central Securities Depositories Regulation EEA CSD Account Election Form - HSS - Hong Kong and Shanghai Banking Corporation
- Central Securities Depositories Regulation Article 38(5) CSD Notice to Clients - HSS - Hong Kong and Shanghai Banking Corporation
- Central Securities Depositories Regulation EEA CSD Account Election Form - HSS - HSBC Bank Indonesia
- Central Securities Depositories Regulation Article 38(5) CSD Notice to Clients - HSS - HSBC Bank Indonesia
- Central Securities Depositories Regulation EEA CSD Account Election Form - HSS - HSBC MÉXICO, S.A., INSTITUCIÓN DE BANCA MÚLTIPLE, GRUPO FINANCIERO HSBC
- Central Securities Depositories Regulation Article 38(5) CSD Notice to Clients - HSS - HSBC MÉXICO, S.A., INSTITUCIÓN DE BANCA MÚLTIPLE, GRUPO FINANCIERO HSBC
- Central Securities Depositories Regulation EEA CSD Account Election Form - HSS - The Hong Kong and Shanghai Banking Corporation Limited, Philippine Branch
- Central Securities Depositories Regulation Article 38(5) CSD Notice to Clients - HSS - The Hong Kong and Shanghai Banking Corporation Limited - Philippine Branch
- Central Securities Depositories Regulation EEA CSD Account Election Form - HSS - The Hong Kong and Shanghai Banking Corporation Limited, Singapore Branch
- Central Securities Depositories Regulation Article 38(5) CSD Notice to Clients - HSS - The Hong Kong and Shanghai Banking Corporation Limited, Singapore Branch
- Central Securities Depositories Regulation EEA CSD Account Election form - HSS - HSBC Bank plc - UK
- Central Securities Depositories Regulation Article 38(5) CSD Notice to Clients - HSS - HSBC Bank plc - UK
- Central Securities Depositories Regulation Article 38(5) CSD Notice to Clients - HSS - HSBC Saudi Arabia
- Central Securities Depositories Regulation EEA CSD Account Election Form - HSS - HSBC Saudi Arabia
In compliance with Article 38(6) Central Securities Depositories Regulation, HSBC's Securities Services and Global Markets businesses hereby publish the following Central Securities Depositories Regulation Participant Risks and Costs Disclosures for the following HSBC entities:
- Central Securities Depositories Regulation Article 38(6) CSD Participant Risks Disclosure - HBFR - Greece
- Central Securities Depositories Regulation Article 38(6) CSD Participant Costs Disclosure - HBFR - Greece
- Central Securities Depositories Regulation Article 38(5) CSD Participant Risks Disclosure - HSBC Bank Argentina S.A
- Central Securities Depositories Regulation Article 38(6) CSD Participant Costs Disclosure - HSBC Bank Argentina S.A
- Central Securities Depositories Regulation Article 38(6) CSD Participant Risks Disclosure - Hong Kong and Shanghai Banking Corporation
- Central Securities Depositories Regulation Article 38(6) CSD Participant Costs Disclosure - Hong Kong and Shanghai Banking Corporation
- Central Securities Depositories Regulation Article 38(6) CSD Participant Risks Disclosure - HSBC Bank Indonesia
- Central Securities Depositories Regulation Article 38(6) CSD Participant Costs Disclosure - HSBC Bank Indonesia
- Central Securities Depositories Regulation Article 38(6) CSD Participant Risks Disclosure - HSBC MÉXICO, S.A., INSTITUCIÓN DE BANCA MÚLTIPLE, GRUPO FINANCIERO HSBC
- Central Securities Depositories Regulation Article 38(6) CSD Participant Costs Disclosure - HSBC MÉXICO, S.A., INSTITUCIÓN DE BANCA MÚLTIPLE, GRUPO FINANCIERO HS
- Central Securities Depositories Regulation Article 38(6) CSD Participant Risks Disclosure - The Hong Kong and Shanghai Banking Corporation Limited, Philippine Branch
- Central Securities Depositories Regulation Article 38(6) CSD Participant Costs Disclosure - The Hong Kong and Shanghai Banking Corporation Limited, Philippine Branch
- Central Securities Depositories Regulation Article 38(6) CSD Participant Risks Disclosure - The Hong Kong and Shanghai Banking Corporation Limited, Singapore Branch
- Central Securities Depositories Regulation Article 38(6) CSD Participant Costs Disclosure - The Hong Kong and Shanghai Banking Corporation Limited, Singapore Branch
- Central Securities Depositories Regulation Article 38(6) CSD Participant Risks Disclosure - HSBC Bank plc - UK
- Central Securities Depositories Regulation Article 38(6) CSD Participant Costs Disclosure - HSBC Bank plc - UK
- Central Securities Depositories Regulation Article 38(6) CSD Participant Risks Disclosure – HSBC Securities (Japan) Limited (English)
- Central Securities Depositories Regulation Article 38(6) CSD Participant Costs Disclosure – HSBC Securities (Japan) Limited (English)
- Central Securities Depositories Regulation Article 38(6) CSD Participant Risks Disclosure – HSBC Securities (Japan) Limited (日本語)
- Central Securities Depositories Regulation Article 38(6) CSD Participant Costs Disclosure – HSBC Securities (Japan) Limited (日本語)
- Central Securities Depositories Regulation Article 38(6) CSD Participation Cost Disclosure - HSBC Saudi Arabia
- Central Securities Depositories Regulation Article 38(6) CSD Participation Risks Disclosure - HSBC Saudi Arabia
Please note that the information published on this website and in the above documents is applicable to HSBC Securities Services and Global Markets only. For other HSBC businesses, please refer to information available from those businesses directly.
Updates to the above information and documents will be published on this website. Further information on Central Securities Depositories Regulation can be found on the websites of the European Commission (EC) and the European Securities and Markets Authority (ESMA).
Should you have any queries on the above, please contact your usual HSBC relationship manager.