Circular on launch of e-IP application/submission system on WINGS

The Securities and Futures Commission (SFC) will launch a new online application/submission system, e-IP, on its WINGS1 portal on 29 July 2024 to streamline and enhance the efficiency of processing new product applications and post-authorisation/registration submissions to the Investment Products Division (IPD).

Developed on the existing WINGS portal, e-IP will serve as a one-stop online portal that digitalises all processes related to investment products administered by the IPD2. e-IP utilises certain existing functions on WINGS such as WINGS Mail, submission tracking and fee payment. In addition, it introduces new workflows and capabilities that allow applicants or advisory firms to submit new product applications, make post-authorisation/registration submissions, maintain information profiles of investment products, file product documents and exchange information directly with the SFC.

Upon the launch of e-IP, its users are advised to activate their e-IP administrator accounts and review their account administration arrangements, such as account delegation and permissions.

To allow time for market participants to become familiar with e-IP and make transition, there will be a three-month period of parallel run from the launch of e-IP up to 29 October 2024 at the initial stage, during which the SFC continues to accept applications and submissions via existing channels.

The SFC will hold a briefing session for the industry before the launch of e-IP.  User guides and online demo clips3 are also available on the SFC website to help the industry better understand the submission procedures, functions and features of e-IP.

Should you have any queries regarding the contents of this circular, please contact your case officer(s).

Investment Products DivisionSecurities and Futures Commission

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1 Web-based INteGrated Service.

2 Investment-linked assurance schemes, mandatory provident fund products, open-ended fund companies, paper gold schemes, pooled retirement funds, real estate investment trusts, unit trusts and mutual funds and unlisted structured investment products.

3 User guides and online demo clips for e-IP will be available from 29 July 2024.

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