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Hong Kong No. 149 license application,How to find a licensee?

Financial card care question

Hong Kong is an international financial center,The securities market was once active,In recent years, Guangdong and Hong Kong have connected two major mechanisms: Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.,Giving mainlanders new choices for their capital allocation,More mainland investors are eager to rely on Hong Kong as a platform,Directly integrate with international capital markets,The application for Hong Kong license No. 149 is an important measure.。

Hong Kong’s financial license regulatory system is very different from that in the Mainland,Hong Kong’s regulated financial licenses are divided into 12 categories,What kind of financial activities are you engaged in?,Requires 2 licensees,These two licensees have higher academic qualifications、Business qualifications and majors

Require

,Therefore, it is more difficult to find the license holder.,It is also a difficult problem that needs to be solved when applying for Hong Kong No. 149 license.。

In addition to licensee search,Hong Kong No. 149 license needs to meet the following conditions to meet the review threshold of the Hong Kong Securities Regulatory Commission: Have a company in Hong Kong,Or an overseas corporation registered in Hong Kong; Have a business structure and internal control system that comply with the requirements of the Hong Kong Securities and Futures Commission; Have the appropriate financial capabilities,Be able to maintain at least the required paid-up share capital and liquidity at all times; Apply for Hong Kong license No. 149,The Hong Kong Securities Regulatory Commission mainly implements the above factors,For mainlanders,On the one hand, I am relatively unfamiliar with Hong Kong policies.,on the other hand,Since there is a mandatory requirement for license holders to graduate from accounting、Business Administration、economy、Talents with a degree in finance or law and qualifications in 2 subjects can serve,Have 2 years of management experience and 5 years of relevant experience at the same time,These

Require

All increase the difficulty of finding licensees。

Financial license holders in Hong Kong can be held by individuals or entities.,Summed it up,As of December last year,The number of companies holding Hong Kong licenses No. 1, 4 and 9 are 1247 respectively.、1291and 1477。However, there are relatively few units that apply for three Hong Kong licenses No. 149 at the same time.。

After finding a suitable licensed candidate,Can be responsible for the development of corresponding activities,2One of the licensees must be an executive director,One is the base manager,An enterprise applies for Hong Kong license No. 149 at the same time,No need to use 6 licensed responsible persons,Since individual positions can overlap,Therefore, these three types of licenses only require 3 licensees to be responsible for daily business operations.。

,The largest professional organization for handling Hong Kong No. 149 plates in Guangdong Province,Ten years of focus on Hong Kong financial license application,Long-term business dealings in Hong Kong,There are a large number of professional licensees to connect with。To cater to investors’ desire to quickly launch a business

Require

,I now have Hong Kong financial license number 1-9 in hand.,Complete the corresponding changes,Hong Kong No. 149 license application,How do licensees find details? We welcome further communication.。


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

Editing of articles in this issue:

Picture of Lin Zixuan

Lin Zixuan

Owned by Mr. Lin Zixuan 15 year securities、Asset management and investment banking experience,Served as senior compliance officer in several licensed financial institutions。He is well versed in the Hong Kong Securities and Futures Commission (SFC) regulatory requirements,Successfully dominated the SFC 1st 1、4、9 Application and annual maintenance of licenses (including RO licenses for legal persons and individuals)。He is particularly skilled in developing and enforcing financial resource rules (FRR)、internal control system,as well as ensuring that the company is fully compliant with the SFC’s requirements in terms of customer vetting (KYC) and anti-money laundering (AML/CFT),To meet strict regulatory compliance standards。

Areas of expertise:SFC license (Type 1, 4, 9) Application and maintenance、RO/MIC Approval、internal control system、Client Asset Rules (FRR)、KYC/Anti-Money Laundering Policy

Previous institutions:international investment bank、Licensed securities trading company、asset management company

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