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How to apply for Hong Kong financial license No. 1-9

Financial card care question

It is not that easy to apply for a financial license in Hong Kong first.,Our company has ready-made and mature cases from No. 1 to No. 9,First, you need to prepare registered capital,Generally, major brands require more than 10 million in funds.,Next is executive director,This person needs to be a Hong Konger and someone who has passed Paper 1 and Paper 6,In one, there must be a certain market analysis and feasibility report, etc.,Business owners who need information can consult Manager Peng Yi in detail。

How to apply——–Hong Kong No. 1 to 9———Financial licenses The highly anticipated first batch of virtual bank license lists has finally been released。327th of the month,According to the official website of the Hong Kong Monetary Authority (hereinafter referred to as the "Hong Kong Monetary Authority"),The Monetary Authority has granted a banking license to Zhongan Virtual Finance Co., Ltd. to operate a virtual bank under the Banking Ordinance。

Previously, Tencent Tenpay、Popular candidates such as Ant Financial and Xiaomi are not eligible for virtual bank licenses。In the future, Hong Kong’s virtual banking license may become a new starting point for the development of overseas financial businesses of various Internet giants and a new springboard for internationalization.。Since the announcement of the introduction of virtual banks in Hong Kong in September 2017,,The topic of license development has always attracted attention。

Chen Delin revealed that,“According to the business plan of the licensed bank,Virtual banking services are expected to be officially launched within 6-9 months。The above license came into effect yesterday,After issuance of the above banking license,The number of licensed banks in Hong Kong will increase to 155,The remaining five license applications are still being processed.,Making good progress”。Follow original related products:How to apply for No.9 plate , How to apply for No.9 license , Hong Kong No. 9 plate agent


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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