Chapter:	571B	Title:	SECURITIES AND FUTURES (RECOGNIZED COUNTERPARTY) RULES	Gazette Number:	L.N. 186 of 2002; L.N. 12 of 2003
Section:	2	Heading:	Interpretation	Version Date:	01/04/2003

In these Rules, unless the context otherwise requires-
"currency futures contract" (貨幣期貨合約) means a futures contract in respect of any currency;
"dealing in futures contracts" (期貨合約交易) has the meaning assigned to it by Part 2 of Schedule 5 to the Ordinance;
"equivalent corporation" (等同法團) means a corporation that-

(a) carries on a business in a specified jurisdiction in an activity which, if carried on in Hong Kong, would constitute dealing in futures contracts, under an authorization (however described) by an authority or regulatory organization in that jurisdiction; and
(b) has and maintains shareholders' funds of not less than $30000000 or its equivalent in any foreign currency as calculated by-
(i) adding together the corporation's-
(A) issued and paid-up share capital; and
(B) retained profits and reserves with aggregate net credit balances; and
(ii) subtracting from the sum calculated under subparagraph (i) the corporation's accumulated losses and reserves with aggregate net debit balances;

(a) an authority specified in column 3 of Schedule 1 as an authority in a specified jurisdiction set out opposite to it in column 2 of Schedule 1 with responsibility for regulating banks in that jurisdiction; or
(b) any successor of such authority;