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What are the requirements for applying for a Hong Kong 149 license?

Financial card care question

Introducing Hong Kong Information Technology in detail, Peng Yi Aaron said that when applying for the Hong Kong 149 license, we need to prepare the corresponding qualifications in advance.,In the process of qualification application, we need to prepare a lot of information,and understand the entire application review process。These parties can be simply divided into the following points based on the aspects of Hong Kong Xintong International's previous applications.:149Conditions for license application

  1. Must be a limited company incorporated in Hong Kong or a non-Hong Kong company registered with the Registrar。
  2. The company has an actual office address in Hong Kong (must be written as Class A)。
  3. Have an experienced management team to assist in running the company,business framework、Internal control system and qualified responsible personnel RO。
  4. Must have two licensees,Nationality of licensed individuals and responsible persons,There are no restrictions or special regulations from the Securities Regulatory Commission。

Require

One less responsible officer must be based in Hong Kong,in order to directly supervise the relevant business。

  1. One less responsible person in the company must be a member of the board of directors。
  2. Registered capital of Hong Kong company

Require

50010,000 Hong Kong dollars;Must always maintain paid-in share capital and liquid capital of no less than HK$3 million。Must open an account in a bank in Hong Kong。Many times we just prepare the materials and apply.,But when applying, we also need to be familiar with the process and the main details required in advance.。

However, individuals often encounter various problems when applying for qualifications,Not only is it labor-intensive、It may delay the market timing。Therefore, in terms of qualification application, it is best to leave it to professionals to make it fast and efficient.,Let Hong Kong Xintong International Qualified Business Service Company handle the application process, which can help you save worry and effort.


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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