The Securities and Futures Commission of Hong Kong issued asset management licenses to three institutions in March(Commonly known as "Plate 9")back，4"No. 9 Plates" will be issued to two institutions in the next month，Many of them have Chinese capital backgrounds，Highlights include China Post Venture International Asset Management and Zhongrong International Asset Management。
Analysts believe，As Shenzhen-Hong Kong Stock Connect approaches and the development of Shenzhen Qianhai Financial Services Center，Mainland financial institutions will be accelerated to make acquisitions in Hong Kong or establish their own asset management companies.，At the same time, some mainland "leading" companies and wealthy people participated，Make relevant licenses "valuable and marketable"。How to apply for Hong Kong No. 1 Securities Trading License?Hong Kong No. 149 license transfer?If you want to know more about applying for the Type 9 license, Hong Kong’s Type 9 license is mainly used for overseas investment and financing business.。
Hong Kong No. 9 License
Application conditions
：
- Incorporated，Hong Kong financial license application must be a company incorporated in Hong Kong or a non-Hong Kong company registered at the Hong Kong Companies Registry。
- CompetenciesHave a suitable business structure、Good internal control system and qualified personnel,Sufficient to ensure that when you conduct your proposed business as detailed in your business plan,Ability to appropriately manage risks that may be faced。
Details about this,You may refer to the following documents issued by the Securities and Futures Commission："Guidelines on Competence";Code of Conduct for Persons Licensed or Registered with the Securities and Futures Commission;and "Applicable to the Management of Persons Licensed or Registered by the Securities and Futures Commission"、Supervision and Internal Control Guidelines"。
Hong Kong No. 1 License Application Detailed explanation of Hong Kong Asset Management No. 9 License Application Conditions 3、Responsible person 1)For each type of regulated activity for which you are applying,You must appoint at least two responsible officers to directly supervise the relevant activities you intend to carry out。Hong Kong No. 149 Financial License Application 2)For each type of regulated activity for which you are applying,You must have at least one responsible person who can supervise the business at all times。
As long as the appointee is a suitable candidate and the relevant arrangements do not create role conflicts,The same person can be appointed as a responsible officer for more than one type of regulated activity。3)Among the responsible officers you intend to appoint,At least one must be an executive director as defined in the Securities and Futures Ordinance。Hong Kong financial license application，
Application conditions
What are there?4)All your executive directors must seek approval from the SFC,to become yours(as a corporation)responsible person。
5)When submitting your license application, you must,Submit all approval applications for all proposed responsible officers to the SFC together,for consideration by the Securities and Futures Commission。4、Major shareholders, etc. must be qualified as suitable candidates. Your major shareholder(See point 2)、senior staff、any other person who is or will be employed in relation to the regulated activity to which your application relates,or any other person with whom you have or will have contact in connection with such activities,must be suitably qualified。
For details, please refer to Section 129 of the Securities and Futures Ordinance。5、The financial resources you must have at all times are relevant to the type of regulated activity for which you are applying for a license.,Maintain your paid-up share capital and liquid capital at no less than the Securities and Futures(financial resources)the relevant amount specified in the Rules。
If you apply for more than one type of regulated activity,The paid-up share capital and liquid capital you should maintain,The amount you apply for in relation to the regulated activity will be higher, or。Summary of the amount of paid-up share capital and liquid capital required to be maintained by a licensed corporation for each type of regulated activity。Regulated activity type 9 – normal circumstances. Amount of paid-up share capital $5,000,000;Amount of working capital $3,000,000。
Professional application for financial license，Apply for a pawn shop license、Financial leasing company registration and license application，Application for small loan company license、Commercial factoring company license application and registration，Fund sales license application，National payment license application，Enterprise credit license application、Village bank established，Financial leasing license application。”
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