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Is it difficult to apply for Hong Kong No. 9 license? Application conditions and procedures

Financial card care question

Hong Kong license number 9,If you want to provide asset management services in Hong Kong, you must hold this qualification。Hong Kong serves as a bridge for mainland funds to invest overseas,Many mainland companies are interested in this market,Many people want to hold a Hong Kong financial license。Hong Kong financial licenses have become increasingly popular in recent years。According to authoritative statistics, as of the end of 2016, there were 1,300 institutions holding Hong Kong license No. 9.,There are 6,366 licensed individuals。

There are two ways to obtain Hong Kong No. 9 license,One is to apply for new registration of a new company,The other is to directly acquire a company that already has a Hong Kong license。I would like to inquire about the details of Hong Kong No. 9 license plate

Process

For specific matters such as conditions and conditions, please contact Hong Kong Information Communication -. I want to ask about the difficulty of applying for the Hong Kong No. 9 license.,There must be some。

Think about it the other way around,It is precisely because the threshold for application is high,High gold content。Hong Kong Securities Regulatory Commission has clarified the conditions for applying for Hong Kong No. 9 license

Require

,First, the company needs to establish a company in Hong Kong or register a non-Hong Kong company at the Hong Kong Companies Registry.。Company business structure,Internal control systems, etc. need to comply with

Require

。The applicant company needs to be equipped with more than two responsible personnel,Responsible personnel need to pass a competency test。

For industry qualifications and academic qualifications

Require

,Prefer business administration、Accounting、Broker、Degree in finance or law;Staff industry experience

Require

3 years of relevant industry experience in the past 6 years,Have more than two years of management skills and experience and pass the supervisory certification exam。Funding,The paid-in capital must be more than HKD 5 million,Liquidity funds vary from HKD 100,000 to HKD 3 million depending on the type.。

During the actual handling process, you will encounter the actual handling

Require

,Subject to actual handling。After the conditions are met,Applicants can apply to the Securities and Futures Commission of Hong Kong according to the procedures。The main aspects that the Securities and Futures Commission of Hong Kong considers are financial status and solvency.,Personnel’s academic or other qualifications or experience,Reputation、character、Reliability and financial soundness, etc.。

For detailed information on how to handle Hong Kong No. 9 plate, please contact Hong Kong Information Communication -:.If you want to apply for other types of Hong Kong licenses, you can also get free consultation.。In addition, there are currently existing No. 149 license plates available for transfer.。


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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