Hong Kong Money Services License，Compared with the 12 number plates in Hong Kong,，Application difficulty and
Require
They all need to be lower。This is because the money services license is mainly used to combat money laundering and terrorist financing.，Regulation of money service operators by Hong Kong Customs and Excise Department。Hong Kong Xintong-accepts MSO license agency and transfer of existing licenses。Hong Kong mso license，Apply，handle。See website contact information。
Hong Kong Xintong-Services provided
- Preliminary review of the situation of the Hong Kong company on the demand side，Provide corresponding compliance advice on newly issued licenses；
- Licensee；
- office space；
- Professional compliance consultant、Accountant、Lawyer services；
- Under what circumstances will the Commissioner refuse to grant an applicant a money services license if the current MSO license in Hong Kong is transferred?
- The applicant or one or more applicants in the applicant's business failed to pass the fit and proper determination；
- The proposed premises are not suitable for carrying on the business；
- The applicant failed to obtain the written consent of each occupier of the residential premises used for operating money services，May allow or authorize a person to enter the premises to conduct routine inspections。
- .When does the money services operator license need to be renewed? Must be issued before the expiry of the money service operator license 45 Submit renewal on or before。
- Will a reminder notice be issued to the licensee before the license expires? meeting。Before the license expires, the Department will 45 Issue reminder notice to each licensee on a daily basis。but，Licensees have a statutory obligation to apply for renewal before the license expires。It is a crime to operate money services without a license。
- What are the arrangements for the first renewal?
Depends on the expiration month of the business registration certificate of the money service operator，The Commissioner may change the first period of validity of a money services operator license from 24 months extended to max. 30 months，Time for first renewal of decentralized money service operator license。
- What are the arrangements for subsequent renewals? Regarding any subsequent renewal of the license，The renewal date will be on or before the second anniversary of the license expiry date。
- Under what circumstances can the Commissioner revoke or suspend a money services operator license?
Commissioner may revoke or suspend license，when：(a)in relation to the licensee，After being granted a license，the individual、any partner、Any director and any ultimate owner ceases to be a fit and proper person to operate the money service；(b)any occupier of the premises revokes his or her previously given written consent，To allow any authorized person to enter the premises to carry out routine inspections；or (c)any new occupier of the premises refuses to give such written consent。
- Will the licensee be given an opportunity to be heard on the revocation or suspension of the licence? have。The Commissioner will notify the licensee in writing of the revocation or suspension of the license.，and before revoking or suspending the license，Give licensees an opportunity to be heard。
- Can a licensee appeal against the Commissioner's decision to revoke or suspend a license? Can。
The licensee may, within 21 days after the Commissioner’s notice informing him of the decision,，Appeal against the Commissioner’s decision to the Anti-Money Laundering and Counter-Terrorist Financing Review Tribunal。If a person proposes to become a director of a licensee，Licensees need to obtain prior approval from the Commissioner。If a person proposes to become the ultimate owner of a licensee，Licensees need to obtain prior approval from the Commissioner。If a person intends to become a partner of the licensee，Licensees need to obtain prior approval from the Commissioner。
If the licensee wishes to join another premises to operate money services or to operate money services at any specific premises，Licensees need to obtain prior approval from the Commissioner。
About Hong Kong Xintong
Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong 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。
