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Hong Kong MSO license application process,New conditions for Hong Kong MSO license

Financial card care question

Detailed introduction to Hong Kong Xintong Peng Yishuo Finance:Display based on data,The current penetration rate of fast payment has reached an astonishing level in the Mainland.,but overseas,Including Hong Kong and other places,It’s still in the early stages of planning,It can be said that it is a project that is gradually becoming popular.,Anyone with a vision should be able to see the huge business opportunities.。But we need to know,If you want to engage in related business,License qualification is a must。

Then Hong Kong MSO license

Application process

,What are the conditions for applying for a new MSO license in Hong Kong? here,Let’s briefly introduce it to you。Money services means currency exchange services or money transfer services。

Currency exchange services refer to currency exchange services operated as businesses in Hong Kong,However, it does not include such services incidental to the main business,For example, a retail business that accepts foreign currency in transactions or is so operated by a person who manages a hotel、Services that meet the following description—(a)The service operates on the hotel's premises,Mainly for the convenience of customers staying in the hotel;and(b)Only includes the person’s purchase of non-Hong Kong dollar currencies for exchange in Hong Kong dollars.。

The above is what we have introduced to you about the Hong Kong MSO license.

Application process

,New conditions for Hong Kong MSO license,You can contact me for more related questions,We believe we can bring you more help。Customers in need are welcome to call。


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 Chen Weilun

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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