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What are the requirements for applying for the Hong Kong Securities Regulatory Commission No. 9 License - Agency for Hong Kong No. 9 License

Financial card care question

Hong Kong License No. 9 refers to the Hong Kong Asset Management License,To be precise, it is the Type 9 regulated business qualification license issued and implemented by the Securities and Futures Ordinance of Hong Kong.。Applying for Hong Kong No. 9 license in the mainland private equity market has become a craze,Mainland private equity firms can raise funds in the Hong Kong market after obtaining Hong Kong’s No. 9 license,Attract overseas assets to invest in mainland products,in addition,After obtaining the Hong Kong License No. 9, private equity institutions can provide overseas investment channels for mainland customers.。

For mainland private equity firms,It’s good for both internally and externally,Capture a larger market,Have more development opportunities。—————————————————香港9号牌照并不怎么好拿,The Hong Kong Securities Regulatory Commission is very strict in reviewing companies that apply for Type 9 licenses.,financial condition,Personnel qualifications,There are many hard conditions that need to be met such as credibility。

despite this,The industry is highly enthusiastic about the application of Hong Kong No. 9 license,After all, the future value of this license is foreseeable.。Let’s talk about the application conditions of Hong Kong No. 9 license in detail.。Subjects applying for Hong Kong license No. 9

Require

Must be a company registered in Hong Kong or a non-Hong Kong company registered at the Hong Kong Registry。Registered capital,A minimum payment of HKD 5 million is required,Liquidity capital cannot be less than HKD 3 million。

Responsible person

Require

Very strict,Must have academic certificates in specific majors,Industry experience、Management experience, etc. need to be certified by the Hong Kong Securities Regulatory Commission。The number of responsible personnel must be at least two,At least one of the responsible persons shall be a member of the board of directors,At least one person in charge must be based in Hong Kong,Facilitate direct supervision of related businesses。Applicants must have a risk control mechanism that meets strict standards,business structure,internal monitoring system,Personnel, etc. need to meet stringent requirements

Require

—————————————————香港9号牌照的

Process

。The Hong Kong Securities and Futures Commission will use strict standards to evaluate whether the applicant institution has the strength to hold the Hong Kong No. 9 license。The main focus of the regulatory review is the financial status and solvency of the applicant institution.,Personnel qualifications、Industry experience,The reliability and financial soundness of the institution, etc.。When all conditions are met,The organization will apply to obtain Hong Kong License No. 9。

After obtaining Hong Kong license No. 9,Enterprises need to comply with securities and futures regulations in the process of conducting business,And need to submit audited accounts and financial application forms regularly。


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Editing of articles in this issue:

Picture of Zhou Haoming

Zhou Haoming

Zhou Haoming has experience in the fields of asset management and securities regulatory compliance in Hong Kong. 8 years of experience,Served in key business and compliance positions in a licensed asset management company。He is familiar with the Hong Kong Securities and Futures Commission (SFC) regarding 9 Application conditions for asset management license、Risk control framework requirements、internal compliance system、Compliance rules such as portfolio management control and officer qualification requirements。Zhou Haoming is good at formulating internal compliance manuals and ongoing operational compliance processes that comply with the Securities and Futures Ordinance.。

Areas of expertise:SFC 9 Application for number license、risk control framework、Officer qualification requirements、Securities and Futures Ordinance、Internal Compliance Manual。

Previous institutions:Hong Kong licensed asset management company & SFC Compliance Team

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