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Hong Kong No. 149 license application conditions、Business Scope and Transfer Practice

Financial card care question

Hong Kong Xintong specializes in handling various financial licenses and permits,There are several existingHong Kong License No. 149available for transfer。If an enterprise wants to quickly obtain compliance qualifications、Shorten the preparation period,You can contact Hong Kong Information Communications Consultants to further evaluate the target situation and transaction arrangements.。The application process for Hong Kong No. 149 license is relatively cumbersome.,Hong Kong Securities and Futures CommissionTo the registered capital、office space、There are clear requirements for personnel qualifications and other aspects;If you plan to apply for a new application,We can also provide professional consultation and supporting support。

The regulatory nature and business scope of Hong Kong License No. 149

Hong Kong No. 149 license is reviewed and issued by the Hong Kong Securities and Futures Commission。Holds No. 1、4Number、9Licensed company,Can be carried out separatelySecurities trading、Securities consulting andasset ManagementRelated activities。

byHong Kong License No. 1For example,Licensed companies can provide customers with stock and stock options trading brokerage services,Can also buy and sell bonds for clients,It can also buy or sell products such as mutual funds and unit trust funds for clients.。

Hong Kong No. 149 license application conditions

The following takes Hong Kong License No. 1 as an example,Explain the conditions that usually need to be met when applying.:

  1. Registered capital:The company acts as a securities trading company,The paid-up share capital is HK$10 million,The minimum amount of liquid capital is HKD 500,000;This standard is a recommended configuration。
  2. Office address:The applicant company must have a real rental office address in Hong Kong,There are no specific requirements in terms of area。
  3. bank account:Applicants need to open a bank account in Hong Kong,and deposit the required liquid capital。
  4. Personnel qualifications:Personnel must meet academic qualifications、Industry experience 3-6 years、More than 2 years of management experience,And passed the Securities and Futures Practitioner Qualification Certification Examination。

Hong Kong Securities and Futures Commission application process and review cycle

Applicant companies that meet the above conditions,An application needs to be submitted to the Securities and Futures Commission of Hong Kong,And attached with the Securities Regulatory Commission form and other required documents and materials。Normally,The application review time is approximately 6 months。

Due to the long overall time span,And the application requirements are stricter,Enterprises should fully evaluate capital before formally submitting、site、Personnel and document preparation status。Hong Kong Xintong can help enterprises sort out their application paths,and provide partial conditional support,Help enterprises improve preparation efficiency。

Suggestions on transfer of Hong Kong No. 149 license

For businesses wishing to start regulated business as quickly as possible,Acquiring or inheriting the existing Hong Kong No. 149 license may be a more efficient path。Currently, several No. 149 licenses of Hong Kong Telecom are being transferred.,It is recommended that enterprises in need contact Hong Kong ICT consultants as soon as possible,Learn more about license status、deal structure、Compliance review and subsequent change arrangements。


About Hong Kong Xintong

Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong Kong MSO Licenseandmoneylenders licenseApply for service,Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico,Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services,Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more,Please contactHong Kong Information Communications Consultant

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Lin Zixuan

Owned by Mr. Lin Zixuan 15 year securities、Asset management and investment banking experience,Served as senior compliance officer in several licensed financial institutions。He is well versed in the Hong Kong Securities and Futures Commission (SFC) regulatory requirements,Successfully dominated the SFC 1st 1、4、9 Application and annual maintenance of licenses (including RO licenses for legal persons and individuals)。He is particularly skilled in developing and enforcing financial resource rules (FRR)、internal control system,as well as ensuring that the company is fully compliant with the SFC’s requirements in terms of customer vetting (KYC) and anti-money laundering (AML/CFT),To meet strict regulatory compliance standards。

Areas of expertise:SFC license (Type 1, 4, 9) Application and maintenance、RO/MIC Approval、internal control system、Client Asset Rules (FRR)、KYC/Anti-Money Laundering Policy

Previous institutions:international investment bank、Licensed securities trading company、asset management company

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Hong Kong and Chinese team · Senior financial compliance experts