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What are the requirements for applicants to apply for Hong Kong No. 149 license?

Financial card care question

Detailed introduction of Hong Kong Information Communications Peng Yi Aaron said that everyone can realize that this is an extraordinary year in 2020.,A lot of things, big and small, have happened in the past six months。Everything affects our lives。So many people are saying that this year’s theme is to stay alive.。

But because there are opportunities, there are opportunities. So in the extraordinary year of 2020, should we be more determined to do our best in the fields we are good at?,For the Hong Kong market, finance is a topic that cannot be bypassed.,Hong Kong’s financial market has different management scopes corresponding to different licenses.,Therefore, when applying for Hong Kong No. 149 license, you need to pay special attention to some arrangements for fixed personnel.:Personnel responsible for applying for licenses:For each type of regulated activity applied for,You must appoint at least two responsible officers to directly supervise the relevant activities you intend to carry out.。

  1. For each type of regulated activity applied for,There must be at least one responsible person who can supervise the relevant business at all times。As long as the appointee is a suitable candidate and the relevant arrangements do not create role conflicts,The same person can be appointed as a responsible officer for more than one type of regulated activity。
  2. Among the responsible officers to be appointed,At least one must be an executive director as defined in the Securities and Futures Ordinance。
  3. All executive directors must seek approval from the Securities and Futures Commission,to become a responsible officer of you as a corporation。
  4. When submitting your license application,Submit all approval applications for all proposed responsible officers to the SFC together,for consideration by the Securities and Futures Commission。In summary, the details of Hong Kong License No. 149 are the points in the article.,If you want to know more details, you can consult Hong Kong Xintong International。Or directly contact Hong Kong Xintong International Consulting for quick agency services。

Hong Kong Xintong International has 13 years of qualifications for agency operation。We can provide you with professional Hong Kong No. 149 license application methods.。


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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