Service positioning：Responsible for "sustainable and compliant business operations"
Hong Kong Xintong Business Services (for B2B organizations)Focus on two main lines：The first is compliance access and system construction with Hong Kong MSO (Money Service Operator) as the core；The second is continuous compliance operations and bank docking support around cross-border payment/remittance/exchange scenarios.。
We emphasize "Risk-Based (RBA)" and "Evidence Chain Compliance"：Not only complete the application and text，Ensure the system is enforceable、Records traceable、Indicators can be quantified，Easy to accept bank due diligence、External audits and regulatory inspections。
- Applicable customers：Cross-border remittance and exchange platform、B2B payment solution provider、Overseas fund settlement service provider、Payment-related financial technology companies。
- Typical goals：Complete MSO approval and preparation for opening；Reduce bank KYC friction；Establish sustainable AML/CTF governance and operation SOPs。
core delivery："Auditable closed loop" from license to operation
Benchmarked by Hong Kong regulatory practices，Sorting out business facts、Funding path、Customer type and geographic risk，Develop a consistent compliance narrative。
Covering customer due diligence (CDD/EDD)、Continuous monitoring、Sanctions/PEP Screening、Suspicious transaction identification and reporting、Record keeping and training assessment。
Assistance in preparing resume、Qualification and governance certification materials，Improve the division of responsibilities、Authorization Matrix and Three Lines of Defense。
business model、Risk control mechanism and financial explainability are transformed into bank-readable materials，Improve first-time pass rate and communication efficiency。
Docking KYC verification、Transaction monitoring、Case management and report output，Meet audit traceability and sampling inspection requirements。
Provide annual institutional updates、Random inspections and internal audits、risk assessment、Training and reporting support，Reduce labor and trial and error costs。
Costs and budgets：Hong Kong MSO compliance cost reference
The following table is a reference for the common cost structures of MSOs in Hong Kong (based on the actual complexity of the project).、Equity structure、Management background、(Varies depending on business geography and customer types)。We recommend doing both at the project establishment stageBudgetandscheduledual planning，In order to avoid "get the license first"、The cost of rework and bank communication caused by "compliance later"。
| Cost item | Reference range (HKD) | illustrate |
|---|---|---|
| government fees：License application fee | 3,310 | Based on MSO application submission (subject to the latest government charges)。 |
| government fees：Fit & Proper | 860/people | Cost of fitness-for-suite assessment of relevant responsible persons/personnel (based on actual headcount)。 |
| base cost：Company registration and compliance maintenance | 8,000–15,000 | Including company establishment、Common items such as basic secretarial/documentation (varies by program and vendor)。 |
| base cost：office space | 20,000–80,000/year | Based on location、Area and lease term；Actual requirements are comprehensively assessed based on business and bank due diligence needs。 |
| Service cost：MSO Agency/Consultancy Services | 60,000–150,000 | Including application strategy、material organization、Compliance narrative、Inquiry response and process management, etc.。 |
| Service cost：AML system documents and supporting documents | 20,000–80,000 | Contains AML/CTF framework、risk assessment methods、CDD/EDD process、Records, training and other document packages and implementation guidance。 |
| Estimated total (regular range) | 150,000–400,000 | Budget reference for projects of standard complexity；If multiple jurisdictions are involved、complex equity、System construction or high-risk customer groups，Need to be assessed individually。 |
Fee description：The above is a reference for the common cost matrix in the market.，Actual quotation needs to be based on business model、Volume forecast、Customer portrait、Funding path、Governance structure and document status are determined after a compliance gap assessment.。
Implementation process：From gap assessment to opening readiness
comb products、Customer type、area exposed、Fund Flow and Partners，Form RBA risk heat map and rectification list。
Clarify board/management responsibilities、Compliance Officer Arrangement with MLRO、authorization matrix、Three lines of defense and reporting mechanism。
Export AML/CTF policy、CDD/EDD、Sanctions Screening、Transaction monitoring、STR process、Record Keeping and Training Plan。
Organization application form、supporting documents、Business description、Compliance Policy and Personnel Suitability Materials，and conduct a consistency review。
Create inquiry ledger、Caliber alignment and evidence reinforcement，Make sure the information is consistent、Verifiable、traceable。
Online monitoring and case management、Training and drills、Internal audit sampling and management reporting mechanism，Support bank due diligence and auditing。
Frequently Asked Questions (FAQ)：Compliance points that companies are most concerned about
Usually concentrated in：Are the business essence and capital path clear?、Are customer/geographical risks identified and control measures in place?、Are the governance structure and responsibilities of key personnel clear?、Whether transaction monitoring and suspicious transaction handling are enforceable and can leave traces。
not enough。Need to form a chain of evidence：KYC samples and retention、Screening results and disposal records、Monitoring alarms and case closure instructions、Training sign-in and test、Regular reporting by management、Internal audit sampling and rectification closed loop。
Banks pay more attention to explainability and risk control。It is recommended to prepare the "Bank KYC Material Package" simultaneously：business model、Customer portrait、Description of sources and uses of funds、Risk control process、Transaction monitoring standards、Denial and opt-out mechanisms、Summary of Compliance Organizational Structure and Key Systems。
Cross-border risk assessment and stratification strategies need to be established，Includes EDD triggers for high-risk countries/industries、Sanctions and PEP Rules、Corresponding transaction thresholds and enhanced monitoring、As well as partner due diligence and contract compliance clauses。
Can。Common combinations are：KYC verification + Sanctions/PEP Screening + Transaction monitoring + case management + Reports and audit traces。The key is that the rules are interpretable、The disposal process can be closed loop、Data traceability。
Extended services：and tax、Data and cross-border compliance collaboration
Business services are often more than just license applications。For cross-border and financial technology companies，It is recommended that compliance work be combined with tax、Collaborative planning of data and cross-border operational requirements：
- Cross-border compliance：When business reaches multiple jurisdictions，Local regulatory triggers and compliance obligations need to be assessed (e.g. marketing、acting、Data export、Anti-Money Laundering Cooperation)。Can be referenced：Cross-border business compliance。
- Data and privacy：KYC and transaction data involve the processing of personal information and sensitive data，It is recommended to review systems and processes and conduct evaluations as necessary.：Data security assessment、Personal information protection、Data privacy policy development。
- tax and substance：Cross-border structure and profit distribution involve issues such as BEPS and residence status/tax residence，Can be combined：BEPS Compliance Consulting、Cross-border tax consulting。
If you need us to provide your company with suggestions on the integrated path of "compliance-banking-system-operation"，Can quickly conduct gap assessments based on existing materials and issue implementation plans。
