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Federation of Share Registrars Limited (the "Federation") was founded on 29 March 1974 by 7 founding members. Our membership currently comprises of 19 members. All members of the Federation are approved share registrars under the "Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited".

The Federation has an Executive Committee consisting of 9 members. Executive Committee election is carried out in each annual general meeting of the Federation. The role of the Executive Committee is to manage the internal administration of the Federation; to co-ordinate the activities of the members; to communicate with regulatory bodies and securities market participants and to provide hotline enquiries for public investors.

In order to provide an orderly framework within which share registrars are to conduct their business, a Code of Conduct for Share Registrars (the "Code") was issued by The Securities and Futures Commission in October 2001 and was further updated in March 2003. The Code sets the standards of commercial conduct and behaviour of share registrars. A breach of the requirements of the Code will reflect adversely on the member and its status as a member of the Federation and may result in disciplinary action.