LEGAL · TERMS OF SERVICE

Terms of Service

Last updated: 2 October 2026 · Applies to the regsir.net platform

Operator: This platform is operated by Alpha Innovation Tech Limited (明思創科技有限公司) — incorporated in Hong Kong on 9 February 2021, Business Registration No. 72693665, Company Registration No. 3019375. Address: Room 6, 11/F, Prosperity Place, 6 Shing Yip Street, Kwun Tong, Kowloon, Hong Kong; Tel: +852 5200 4428; Enquiries: the "Contact Us" form (/en/contact/).

01Nature of the Service

RegSir (regsir.net, the "Platform") is an AI-assisted query tool for the rules and regulations of the Hong Kong Securities and Futures Commission (SFC). Through its own regulatory knowledge base, the Platform provides users with preliminary compliance information and query analysis, with citations to official provisions.

Important: The Platform is not an SFC-licensed corporation and does not provide legal advice, investment advice or licensed-activity services. Platform output is for reference only; final texts should be reviewed by the licensed corporation's compliance officer or a lawyer.

02Accounts and Registration

Users must provide accurate registration information and keep login links and account access secure.
Accounts are for use by the registrant or the institution it represents only; login credentials may not be transferred or shared.
Free-tier users may run 3 queries at no charge, each with full provision citations.

03Subscription and Billing

Standard: HK$1,888/month or HK$18,000/year, 8 compliance citation reports per month.
Professional: HK$5,888/month or HK$58,000/year, 25 compliance citation reports per month.
Monthly query quota resets at the start of each billing cycle; unused quota does not roll over.
Each question submitted (including follow-ups and repeated submissions) counts as one query.
Where an answer is confirmed by the Platform to contain a citation error or to lack basis, 1 query is refunded, capped at 3 per month; this is the sole remedy, to the extent permitted by law.
Arrangements for purchasing additional queries must be agreed separately with the Platform and confirmed in writing.
Subscriptions renew automatically; users may cancel at any time and the service continues until the end of the current billing cycle.
Except as required by law, fees paid are non-refundable.

04Acceptable Use

Users must not:

represent Platform output as legal advice or licensed compliance advice, or send it as an external regulatory reply without professional review;
attempt to reverse-engineer, copy or resell the Platform's knowledge base or output;
upload or input any material that is unlawful, infringing, or confidential to a third party without authority to disclose it;
scrape Platform content in bulk by automated means.

Users warrant they are entitled to input and upload the content they submit, and that doing so breaches no duty of confidentiality (including section 378 of the Securities and Futures Ordinance) or third-party rights.

05Intellectual Property

The Platform's software, design, knowledge-base structure and brand assets belong to the Platform or its licensors. Users retain rights in the query content they input; Platform output is licensed to users on a non-exclusive basis for internal business use during the paid period.

Copyright in the ordinances, subsidiary legislation, codes, guidelines and circulars cited or included by the Platform belongs to the Government of the Hong Kong Special Administrative Region and the SFC respectively; the Platform uses them for retrieval and citation only, and cited content is governed by officially published versions.

06Limitation of Liability

The Platform is provided "as is". Although all answers carry official provision citations for verification, the Platform does not warrant that output is fully accurate, complete or applicable to any specific case. To the maximum extent permitted by law, the Platform accepts no liability for any direct or indirect loss arising from use of or reliance on its output. The Platform's aggregate liability for any claim is capped at the fees paid by the user in the 12 months before the claim arose. Nothing in this clause excludes or limits liability that cannot lawfully be excluded or limited.

07Output Is a Draft

All Platform output is a first draft. Users who adopt or send output without review by their compliance officer or lawyer do so at their own risk.

08Privacy

The collection and use of user data is governed by the Platform's Privacy Policy, which complies with the Hong Kong Personal Data (Privacy) Ordinance (Cap. 486). Neither we nor our AI service providers use your query text to train any large language model; de-identified usage records are used to improve the Platform's own retrieval and quality-assessment functions — see paragraph 02A of the Privacy Policy.

09Amendment and Termination

The Platform may amend these Terms at any time; material changes will be notified to users by email or platform notice. Continued use constitutes acceptance of the amended Terms. The Platform may suspend or terminate the account of any user in breach of these Terms.

10Governing Law

These Terms are governed by the laws of the Hong Kong Special Administrative Region; any dispute is subject to the exclusive jurisdiction of the Hong Kong courts.