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Hong Kong No. 1 license application,Hong Kong securities trading license application

Financial card care question

Hong Kong is one of the special administrative regions of my country,Have relatively high economic freedom and policy freedom,For the mainland,Hong Kong is an international financial center,Higher degree of openness to the outside world,Hong Kong can be used as a window for international business,But conducting financial business in Hong Kong,Same as mainland China, you need to hold relevant qualifications,Hong Kong’s licenses are divided into 9 categories,Space is limited,This article first focuses on the Hong Kong No. 1 license application。

————————香港1号牌照办理一般是香港证券公司所要申请的一项牌照,Companies holding license No. 1 can apply to companies with the following business qualifications::

  1. Providing buying and selling of stocks and stock options to specific groups of people、Brokerage services;
  2. Buy and sell bonds;
  3. Buying or selling mutual funds and unit trust funds (investment funds) placing and underwriting securities (agreement signed between the securities issuer and the underwriting agency,a way to take on sales risk)。

————————香港1号牌照办理也叫作香港证券交易牌照,The difficulty of applying is actually not that small,The Hong Kong Securities Regulatory Commission has also become stricter with the issuance of financial securities dealer licenses as the demand for applications increases.,There are differences between individuals and organizations applying for Hong Kong No. 1 license.,The number of individuals holding Hong Kong No. 1 licenses has reached more than 30,000,Accounting for 44.17% of Type 9 licenses。

And by 2016,There are less than 1,000 institutions holding Hong Kong securities trading licenses,Accounting for 25.23% of Type 9 licenses。

It can be seen that the number of No. 1 license holders in Hong Kong is relatively large.,Apply for Hong Kong License No. 1,It needs to be based on the actual situation of the applicant,If the applicant is an approved agent or dealer,of working capital

Require

Not less than HK$500,000;If you are an applicant that provides securities margin financing,paid-in capital and working capital

Require

For HK$10 million and above HK$3 million。

The Hong Kong market implements a financial license management system,Usually Hong Kong No. 1 license is applied for

Require

The company has more than 2 company executives,One of them will be appointed as Executive Director,Policies involving Hong Kong,Most applicants said they were relatively unfamiliar with,clear

Application conditions

and process,It is more beneficial to carry out application work。


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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