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Why apply for a Hong Kong MSO financial license?

Financial card care question

Aaron Peng said investors recognized-Hong Kong as a major financial market in Asia,It is also the global offshore center for RMB.,Maturity of regulatory framework、Completeness of Public Transactions、Asset management scale and richness of financial products, etc.,are at the forefront of international。

  1. Obtain authoritative approval - after obtaining the "Hong Kong Money Service Operator License" (MSO),It means that you have obtained a "pass" in Hong Kong's currency and foreign exchange markets.,Every transaction is subject to supervision by the Hong Kong government,100%Compliance assurance。
  2. High customer trust - having legal protection makes customers trust you more,Safe and confidential financial transactions
  3. Diversified services-Hong Kong market implements financial license management system,Enterprises or institutions can conduct stock trading at the same time、financial derivatives、Trading in foreign exchange and gold。Application for Hong Kong MSO license

Require

  1. company shareholders:Applicants can be individuals or companies,The company must be a local company registered in Hong Kong or an overseas company registered at the Companies Registry。
  2. suitable person:shareholder、director、The final owner is required to provide a police certificate and bank statement.;A suitable candidate application form needs to be filled in,At the same time, it needs to be signed in front of witnesses to take effect.。
  3. Licensee:1Bit,Must be a Hong Kong resident。
  4. Registered capital:5010,000 Hong Kong dollars,Need to pay。
  5. Business address or residence:Have an actual commercial building office address in Hong Kong、、Mail;
  6. interview:Need to go to customs for interview。

Hong Kong MSO License

Application process

:Hong Kong market implements financial license management system,Enterprises or institutions can conduct stock trading at the same time、financial derivatives、Trading in foreign exchange and gold。

Holding this license means obtaining a "pass" in Hong Kong's currency and foreign exchange markets.,Can carry out relevant currency exchange services,To provide investors with better prices and greater efficiency,and more flexible and convenient financial services,Jinti Service Operator License(MSO)It is the Hong Kong government’s purpose to combat money laundering and terrorist financing.,A license that requires any person who wishes to operate remittance or currency exchange services to apply to the Commissioner of Customs and Excise。

  1. Fill out the Hong Kong MSO license application form,Applications can be made in writing or electronically;
  2. After accepting the relevant materials, the customs,Check application materials;
  3. The applicant will receive a payment notice from the customs,Follow the process

cost

payment;4.After customs officers checked the payment records,,Applicants need to go to the customs in person to sign a formal

Require

Application form for grant of money services operator license。The application cycle generally takes about 6-8 months。

The Money Services Supervision Division is based on the "Combating Money Laundering and Fund Raising" formulated in 2012.(financial institution)Compliance licenses formulated and issued under the Bill,"Operator" means an individual or person who operates currency exchange services or remittance services in Hong Kong.(enterprise)mechanism。

This license and its legislation provide the regulatory agency with appropriate supervisory and enforcement powers and the formulation of relevant penalties.,as an improvement、Strengthen the system applicable to financial institutions to combat money laundering,Integrate it with international unified standards,It plays a vital role in consolidating Hong Kong's status as an international financial center.。More details about Hong Kong MSO license,You can consult Hong Kong Xintong International,Hong Kong Xintong International is located in Luohu, Shenzhen。Thirteen years of experience in Hong Kong company registration。

Rich experience, fast processing speed, and substantial follow-up services,Meet your various business needs。Related products:Why apply for a Hong Kong MSO financial license?


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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