If you sustained losses in
relation to securities, the amount of compensation
payable
to you will not exceed HK$500,000. If you sustained
losses in relation to futures contracts, the
upper
limit of the compensation is also HK$500,000.
The limit is per person. For joint account,
each
of the account holders will be subject to a
maximum payment limit of HK$500,000.
Where the Investor Compensation Company Limited ("ICC") makes any payment
out of the Investor Compensation Fund in respect
of any claim for compensation, the Securities and Futures Commission ("SFC") and the
ICC shall be subrogated to all the rights and
remedies of the claimant in relation to the loss.
All assets recovered by the SFC or the ICC from
the subrogation shall become part of the Investor
Compensation Fund.
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