The Securities and Futures Commission (SFC) of Hong Kong, as the financial regulatory authority, is responsible for supervising and managing the securities and futures markets in Hong Kong. In order to ensure fair, transparent, and stable markets, the SFC issues and regulates licenses for institutions engaged in securities, futures, and asset management businesses. The following is an introduction to the top ten types of licenses under the SFC.
Securities Dealer (Type 1 License): Allows for the business of securities trading.
Futures Contract Dealer (Type 2 License): Allows for the business of futures contract trading.
Sponsor (Type 6 License): Allows for the provision of sponsorship services to listed companies, including fundraising and post-listing supervision.
Futures Contract Intermediary (Type 3 License): Allows for the representation of clients in futures trading.
Foreign Exchange Intermediary (Type 3 License): Allows for the representation of clients in foreign exchange trading.
Asset Manager (Type 9 License): Allows for the provision of asset management services.
Institutional Investor (Type 1, 4, 9 License): Allows institutions to engage in securities, futures, and asset management investment activities.
Investment Advisor (Type 4 License): Allows for the provision of investment advisory services, including analysis, research, and recommendations on securities or futures.
Venture Capital (Type 1, 4, 6, 9 License): Allows for venture capital and private equity investments.
Structured Product Distributor (Type 1, 4, 6, 9 License): Allows for the issuance and sale of structured products.
We are responsible for:
Company establishment: Firstly, you need to register a company in Hong Kong that complies with the requirements and regulations for company establishment in Hong Kong.
Qualification application review: After registering the company, you can submit an application to the SFC for qualification review. The application requires relevant application documents, information, and fees.
Review and licensing: Once the application is submitted, the SFC will review your application. They will assess the compliance, business model, management structure, risk control measures, and other aspects of your company. If the requirements are met, the SFC will issue the corresponding license.
It should be noted that over time and with changes in regulatory requirements, the SFC may adjust the classification, purpose, and requirements of licenses. If you are interested in registering or learning about relevant license information, it is recommended that you refer directly to the official website of the SFC or contact relevant institutions to obtain the latest and accurate information. At the same time, before registering for a license, it is essential to understand and comply with the relevant laws and regulations in Hong Kong to ensure compliant operations.