Until recently, any crypto-currencies were not listed on these islands, but in light of the rapid development of the crypto-industry around the world, now this jurisdiction has become one of the most promising and popular places for obtaining a crypto-license. Below we will look at the main aspects of crypto-regulation and the procedure for obtaining…
In the dynamic monetary field of Singapore, achieving an Electronic Money Institution (EMI) permission is a pivotal step for enterprises aiming to operate in the digital payments sector. This comprehensive article explores the intricacies of acquiring an EMI permission in Singapore, including the adjustment substructure, application process, operational conditions, and strategic considerations for accordance and…
Malaysia is one of the first countries to introduce cryptographic regulation policies. Under such policy, crypto-currencies are classified as securities, and according to Minister of Finance, the Malaysian governmental authorities believe that crypto-currencies and blockchain-technologies have tremendous potential to stimulate economic progress. It is believed that digital assets and their underlying blockchain technology can help…
The Dubai Worldwide Financial Centre (DIFC) is a pivotal hub for global finance in the Middle East, providing a sophisticated and business-friendly circumstances designed to facilitate growth and invention in the economic sector. As one of the world’s premier monetary free zones, DIFC supplies a unique adjustment and legal substructure, attracting a broad array of…
Overview An Australian Financial Services License (AFSL) licensed company for sale, established in 2004 and holding a credit license, is available for sale. This company is authorized to conduct comprehensive financial services and is perfectly suited for immediate operational commencement. Company Details Registration Year: 2004 Bank Account: Maintained with St. George Bank Support: Assistance with…
Overview This Securities Dealer licensed company for sale in Seychelles and registered in 2023, is currently available for sale. It operates under full compliance with local regulations, presenting a clean and streamlined opportunity for immediate operational takeover. Company Details Location: Seychelles Registration Year: 2023 License Type: Securities Dealer License Staffing and Infrastructure Staff Composition: The…
This is a new investment opportunity – AFSL license in Australia for sale. Please check out the main details regarding this proposal below. AFSL license in Australia for sale: key considerations Active company licensed by Australian Securities & Investments Commission (ASIC) in 2023; Allowed activities (financial product advice, deal in a financial product, custodial or…
Corporate Overview Establishment Year: 2018 Capital Structure: CHF 100,000 Licensing: Licensed as a Portfolio management company in Geneva for sale by FINMA in 2022; previously operated under SRO status. Business Operations of Portfolio management company in Switzerland for sale Core Activities: Specializes in providing financial advice and asset management services. Additional Capabilities: Authorized to establish…
Zurich
+41 435 50 73 23Kyiv
+38 094 712 03 54London
+44 203 868 34 37Tallinn
+372 880 41 85Vilnius
+370 52 11 14 32New York
+1 (888) 647 05 40SFC License in Hong Kong or Securities and Futures Commission is a financial industry regulator operating in Hong Kong. The Commission was created in order to exercise administrative control and regulate the activities of all companies that operate or are in any way connected with the financial sector.
Hong Kong has the status of one of the largest and most reliable financial centres in the world. Despite this, the region has quite a few regulators of activities related to financial transactions. The SFC was established in 1989 and today it is one of the oldest financial supervisors.
The most important and, perhaps, the most basic, tasks of the organization are the regulation of the operating activities of all firms with the status of financial companies, and administrative control over all their operations, regardless of the range of their services. The Commission controls not only those enterprises that are registered in Hong Kong, but also those that operate in China as a whole. The regulator, among others, oversees the following commercial entities:
The SFC also oversees the activities of forex brokers. To each of the above companies, the Commission issues a corresponding license that gives the official right to work in this sector.
The SFC is a structure independent of the local government. The regulator receives funding, for the most part, from fees that are collected from the reporting entities. However, unlike, for example, FinCom, the Futures and Securities Commission, which regulates the Hong Kong territory, provides a report on the activities carried out and their results to authorized representatives of government agencies every year.
In general, the SFC task list looks like this:
A company that wishes to obtain a financial license from the SFC must fully meet the criteria set by the Commission. The regulator’s employees will check not only the information provided about the officials and shareholders of the applicant company, but also their personal characteristics, in particular, suitability to hold the appointed post, etc.
The SFC will necessarily study all parameters of the application, including:
In addition, the financial operator must be willing to demonstrate a willingness to contribute to the development of the Hong Kong financial sector and provide professional services to consumers.
If you want to work in the financial sector and register your company in Hong Kong, then you should consider purchasing a ready-made structure with an SFC license. To purchase a ready-made SFC license in Hong Kong, contact us.
You can see other offers in the categories of ready-made companies and licenses for sale.
Our highly professional specialists from Eternity Law International are ready to provide you with assistance in resolving your issue.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.