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How to register a Hong Kong money lender license and transfer a Hong Kong finance company process

Financial card care question

Apply to Hong Kong Money Lender、Register a Hong Kong financial company、Agent for Hong Kong financial license. Applying for a Hong Kong money lender license for the first time is quite particular.,From application to license issuance,A total of three regulatory authorities are required,They are the registration office、Police and Licensing Court,The first two mainly focus on issuing announcements and investigation work.,The Licensing Court will take into account the following factors when processing an application for a money lender’s license:。

first,Whether an applicant for a Hong Kong money lenders license is a fit and proper person to carry on money lending business,The candidate needs to have industry knowledge related to lending or graduate from a related major;Secondly,Whether any premises to which the application relates are suitable for carrying on a money lending business;back,The Licensing Tribunal will also consider whether the licensing initiative will affect the public interest.。

The current regulation of money lending business in Hong Kong is self-regulatory in nature,There is currently no statutory authority regulating the business of licensed money lenders,The police will only charge loan interest rates that exceed the legal limit from moneylenders.,Or investigate illegal activities such as collecting debts by illegal means,Lack of ongoing regulation of licensee operations。

Due to the nature of the moneylender company, it is neither a bank nor involved in securities and futures.,Existing regulatory agencies such as the Hong Kong Monetary Authority(HKMA)and the Securities and Futures Commission of Hong Kong(SFC)are not well positioned to regulate moneylender companies.,Therefore, if the government intends to formally place moneylender companies under supervision,It may be necessary to strengthen the regulatory functions of the Money Lenders Registry or to establish a new statutory regulatory body specifically for money lender companies,Responsible for formulating and implementing codes of practice、License issued、Investigate violations and revoke licenses。

Our company specializes in handling national financial licenses,Among them, the mature ones are related companies and financial companies.、pawn shop、auction house、financial permission、etc.,Pawn shop is one of the more systematic licenses provided by our company.,There are currently more than a dozen cases, large and small,有需要的企业主随时可以电话联系详细了解,There are currently Hong Kong money lender licenses that can be transferred,Brand new and never operated,You can check the information and do due diligence,Fast transfer time,cheap price。

The transfer items are as follows:

  1. License quotation:Negotiable,Price without business license
  2. business:Normal now,Mainly engaged in private loans,Detailed information still needs to be communicated and confirmed.。
  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:2008年0月

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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 Zheng Yanlin

Zheng Yanlin

Zheng Yanlin has experience in the field of commercial lending regulatory compliance in Hong Kong. 9 years of experience,Served as head of the regulatory and risk management department of a money lending business entity,Responsible for money lender license application、Compliance policy development、Risk assessment and regulatory document preparation,Communicate supervision system requirements with regulators and coordinate internal control processes。

Areas of expertise:Money Lender License Application、Compliance policy development、risk assessment、Requirements for supervisory party (Police Force) communication and supervision system。

Previous institutions:Hong Kong Business Lending & Money Lending Compliance Team Leader

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