The Hong Kong Securities and Futures Commission will launch a new online application and submission system called e-IP on July 29, specifically designed for investment products managed by the Investment Products Department.

e-IP is developed based on the existing WINGS electronic service platform and is a one-stop online platform designed for e-IP users to submit new product approval applications, as well as applications or submission of materials and documents after approval/registration, track application progress, organize investment product information archives, and settle related fees.

After the new system is launched, the industry can submit new product approval applications and applications or submit materials and documents after approval/registration through e-IP. At that time, the existing application and regulatory document submission channels will run parallel with e-IP for three months until October 29, 2024, to allow market participants to become familiar with the new system.