How to change the business relationship between a direct participant and an indirect participants

Pursuant to the Article 21 of the Interim Measures for Administration of CIPS Participants, participants may apply for change of the business relationship between direct participants and indirect participants, including revocation of business relationship and addition of new business relationship.

Where a participant intends to revoke a business relationship, the direct participant shall, after consensus, submit to the Company an application for revocation of the direct and indirect participant business relationship. Where a participant intends to add a new business relationship, the process is the same as that for an indirect participant to join.

Download: Registry Form for Revocation of Direct and Indirect Participant Relationship.docx