Money Lenders Ordinance regulates and governs money lenders and money lending transactions。According to the Money Lenders Ordinance，Except for specified exemptions，Any person who does not have a money lender's license，No one is allowed to engage in money lending business。
as a general rule，If the lender does not obtain exemption under the Money Lenders Ordinance，and lending money to borrowers without the required licenses，the lender shall not be entitled to recover any principal or interest on the loan，nor shall it be entitled to enforce in any court any agreement entered into or security accepted in respect of the loan。Detailed information phone。
Hong Kong money lending license situation”
- License quotation：*00Ten thousand，Price without business license
- business：Normal now，Mainly engaged in private loans，Detailed information phone。
- office space：2200square feet area，Can seat 20 people，Monthly rent including management fee 53,000；The conference room occupies 200 square feet。
- Company establishment time：200*Hong Kong's money lender licenses will be tightened starting today, cracking down on unscrupulous intermediaries FX168 Financial News(Hongkong)News to combat 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。
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。
