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Hong Kong finance company including money lender license transfer MSO license new application

Financial card care question

Hong Kong Finance Company including Money Lending License Transfer Hong Kong Finance Company,In fact, everyone knows that Hong Kong financial companies generally have money lending licenses.,Therefore, financial companies in Hong Kong are often equivalent to loan companies.。

However, in order to crack down on bad financial intermediaries,,Hong Kong SAR Government Thursday(121st of the month)Stricter money lender license conditions to be implemented,In the future, money lenders, i.e. financial companies, etc. will have to examine intermediary companies,When approving a loan,Money lenders must check with borrowers whether they have signed an agreement with an intermediary,If the intermediary has ever accepted from the borrower

cost

,and no intermediary agreement,The loan cannot be approved;Money lenders are also required to declare the appointed intermediary company to the Companies Registry,available for public inspection。

So it is more difficult to get this license.。 Provide Hong Kong money lender license information

  1. License quotation:X million,Price without business license
  2. business:Normal now,Mainly engaged in private loans,Telephone communication for detailed information。
  3. office space:2200square feet area,Can seat 20 people,Monthly rent including management fee 53,000;The conference room occupies 200 square feet。
  4. Company establishment time:200In X year, how do Hong Kong financial companies lend to different groups? There are many signboards of financial companies on the streets of Hong Kong,These financial companies are basically moneylender companies。The moneylender license is issued by the Hong Kong Police Force。The Hong Kong Monetary Authority regulates institutions that take deposits from the public,Commercial banks fall into this category。And the commercial bank's license is a full license,With business functions such as deposits and loans。

so,Bank lending has nothing to do with the police department。


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Chen Weilun

Chen Weilun, money service operator in Hong Kong (MSO) Compliance and regulatory practice areas include 12 years of experience。He served as head of the compliance department of the local payment and currency exchange licensing authority,Directly responsible for MSO license application、Anti-money laundering / Customer due diligence system (AML/KYC)、risk assessment design、Establish daily monitoring procedures and communicate with the Customs Department for review and other compliance tasks。

Areas of expertise:MSO license application、AML/KYC system、risk assessment、daily monitoring procedures、Customs Department review communication。

Previous institutions:Hong Kong MSO Payment Institution & Head of Compliance Department

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