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Hong Kong No. 9 license application and transfer:capital conditions、Responsible Personnel Regulations and Company Acquisitions

Financial card care question

Some companies provide quick access toHong Kong license number 9,through direct acquisitionLicensed company(commonly known as "buying a license")。It should be noted that,The license itself is not transferable individually,Must be completed through company equity acquisition。therefore,Entrust a professional agency to assist in completing the application or transfer,Become the choice of many companies。Will be introduced in detail belowHong Kong license number 9ofAgency conditions,and purchaseAsset management licenserelated requirements。

Hong Kong No. 9 License ApplicationBasic conditions

ApplyHong Kong Securities and Futures CommissionCategory 9 (Asset Management) License,The following core conditions must be met:

  1. Must be a limited company incorporated in Hong Kong or a non-Hong Kong company registered with the Companies Registry。
  2. The company has an actual Grade A office address in Hong Kong。
  3. Have an experienced management team、Clear business framework、Complete internal control system and qualifiedResponsible person(RO)。
  4. There must be at least two licensed representatives,Licensed individuals andResponsible personThere are no special restrictions on nationality。

Capital and bank account requirements

companyRegistered capitalMust reach HKD 5 million,And must continue to maintain paid-in share capital and liquid capital of no less than 3 million Hong Kong dollars.。also,The company must open a bank account in Hong Kong,To meet the capital depository requirements for daily operations and supervision。

Special Provisions for Responsible Officer (RO)

On the basis of meeting the basic requirements of responsible personnel,The Hong Kong Securities Regulatory Commission also has the following special regulations::

  • At least one responsible officer must be based in Hong Kong,To directly supervise related business。
  • At least one responsible officer must serve as a member of the company's board of directors。

Although the above conditions seem clear,However, the China Securities Regulatory Commission has strict requirements on the background of senior executives.、The company’s compliance structure is highly scrutinized,Self-application often has a lower success rate。Coordinate data and processes through experienced agencies,Can significantly improve approval efficiency。

Hong Kong license number 9Key points of transfer

Directly purchase licensed companies that have been approved for license No. 9,It’s a faster way to enter。The transfer must be carried out by acquiring the company's equity,Regulators do not allow licenses to be transferred separately from the company body。Hong Kong Xintong has ready-made licensed companies available for transfer,Covers newly established non-business types and customer entrusted transfer types,To meet the needs of different business startup rhythms。

If you want to know more about the conditions for applying for Hong Kong No. 9 license,Or interested in purchasing an existing asset management license,Welcome to contact us directly。

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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Picture of Zhou Haoming

Zhou Haoming

Zhou Haoming has experience in the fields of asset management and securities regulatory compliance in Hong Kong. 8 years of experience,Served in key business and compliance positions in a licensed asset management company。He is familiar with the Hong Kong Securities and Futures Commission (SFC) regarding 9 Application conditions for asset management license、Risk control framework requirements、internal compliance system、Compliance rules such as portfolio management control and officer qualification requirements。Zhou Haoming is good at formulating internal compliance manuals and ongoing operational compliance processes that comply with the Securities and Futures Ordinance.。

Areas of expertise:SFC 9 Application for number license、risk control framework、Officer qualification requirements、Securities and Futures Ordinance、Internal Compliance Manual。

Previous institutions:Hong Kong licensed asset management company & SFC Compliance Team

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