Hong Kong implements financial license management system，Different regulated businesses correspond to different types ofHong Kong Securities and Futures Commission license。If an enterprise plans to conduct securities business in Hong Kong、futures、Forex、Institutional Finance Consultant、Asset management and other businesses，Must be combined with business model、Personnel qualifications、Capital strength、Office and operational arrangements，Complete compliance planning in advance。
Among common license categories，1Number、2Number、4Number、6Licenses No. 9 and No. 9 are more concerned by the market。The application requirements and approval difficulties for different licenses are not the same.，The Hong Kong Securities and Futures Commission will determine from the responsible officer qualifications、corporate governance、financial soundness、Review aspects such as internal controls and continuous compliance capabilities。
Hong Kong financial licenseMain categories
The regulated activities regulated by the Hong Kong Securities and Futures Commission cover a wide range of financial businesses，Main categories include：
- No. 1：Securities trading。
- No. 2：Futures contract trading。
- No. 3：Leveraged Forex Trading。
- No. 4：Advise on securities。
- No. 5：Advising on futures contracts。
- No. 6：Advise on institutional financing。
- No. 7：Provide automated trading services。
- No. 8：Providing securities margin financing。
- No. 9：Provide asset management。(Amended by L.N. 28 of 2011)
- No. 10：Providing credit rating services。(Added from L.N. 28 of 2011)
Hong Kong financial institutions can carry out stock trading within the scope of compliance permits、financial derivatives、Transactions or services of foreign exchange, gold and other related products。Enterprises need to match the corresponding license category according to the actual business scope，Avoid regulatory risks caused by inconsistent business activities and approved licenses。
Commercial value of popular licenses
Type 9 license is a regulated business qualification license regulated by the Hong Kong Securities and Futures Commission in accordance with the Securities and Futures Ordinance.，often calledAsset management license。Hold this license，This means that institutions can participate in international capital market investments within a compliance framework.，And can manage and use overseas investors’ funds。
Type 4 licenses are applicable to those approved by the Securities and Futures Commission of Hong Kong、Institutions that can provide securities investment consulting services。For securities and futures companies、asset management company、For international trust institutions and private equity funds，Successfully obtained relevant Hong Kong financial licenses，Contribute to comprehensive participation in international capital market investment，Expand the scope of investment targets，Enrich investor product choices，and seize investment opportunities in overseas markets，Improve asset management capabilities and market competitiveness。
After receiving the financial license from the Securities and Futures Commission of Hong Kong，Institutions will be eligible to provide stocks to domestic and foreign customers within the scope of the license、fund、Various financial products and services such as bonds。Relying on the Hong Kong capital market platform，Companies can not only develop overseas real estate funds、Stock funds and other products，You can also immigrate through investment、Investment consulting and other value-added services，Provide more diversified cross-border financial services to high-net-worth customers。
Core requirements for Hong Kong Securities and Futures Commission license application
Applying for a Hong Kong Securities and Futures Commission license usually requires 2 peopleHong Kong licensed responsible person。Responsible personnel need to have 3 to 5 consecutive years of publicly disclosed capital market performance records，and must pass a series of rigorous examinations、Qualifications and fit and proper assessment。
The corporate level also needs to have a physical office address in Hong Kong，and deploy an experienced management team，To support the company's daily operations、business execution、Risk management and compliance monitoring。Generally speaking，Independently obtained a Hong Kong financial license，Is the company’s capital strength、An important reflection of management capabilities and compliance levels。
Hong Kong No. 9 Asset Management License Application Requirements
Take Hong Kong Asset Management License No. 9 as an example，The Hong Kong Securities Regulatory Commission requires the applicant institution to have at least two Hong Kong licensed responsible persons.。Responsible personnel need to have 3-5 consecutive years of publicly disclosed capital market performance records，and pass rigorous examinations、Qualification review and regulatory assessment。
The applicant company must also have an actual office address in Hong Kong，and an experienced management team to assist in running the company。Obtained an independent Hong Kong asset management license No. 9，It is usually regarded as an endorsement of the company’s strength and professional operating capabilities.。
The company applying for a license must have at least two senior executives responsible for company management.，and appoint one of them as executive director。Applicant company and its executives、Employees and shareholders must comply with the fit and proper principles stipulated by the Hong Kong Securities and Futures Commission。
The focus of the Hong Kong Securities and Futures Commission’s review
The Securities and Futures Commission of Hong Kong will conduct a comprehensive assessment of the applicant’s multiple conditions.，Including solvency and financial status、Educational and other qualifications、Relevant experience in the proposed business、Ability to conduct regulated business activities with integrity and fairness、Company reputation and financial soundness。
therefore，Before the company submits the application，Shareholder background should be ensured、Qualifications of Directors and Senior Management、Responsible personnel experience、business plan、Organizational structure、Compliance system、Internal controls and financial arrangements can meet regulatory expectations。
Ongoing regulatory requirements after licensing
Licensed companies must continue to maintain paid-in share capital and liquid capital not less than the minimum capital requirements。Licensees holding client funds must open an account with a Hong Kong bank，And store customer funds in isolation。
All licensees must remain financially solvent、financial condition、Financial Education Overview、Records related to internal compliance and internal control systems。at the same time，Licensees must maintain reasonable financial records in accordance with internationally recognized accounting standards，and submit monthly reports as required、Quarterly and annual reports。All companies must also disclose financial reports to the public。
For institutions planning to conduct regulated financial business in Hong Kong，License application is not just an administrative submission，It is a systematic compliance project。Enterprises need to position themselves from business、License type selection、Responsible staffing、capital arrangement、Office and operation system、Compliance system construction to subsequent continuous supervision，Establish a complete and enforceable compliance framework。
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