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Sfc licensed activities

WebThe regulated activities include securities dealing; futures dealing; leveraged foreign exchange trading; advising on corporate finance, securities and futures; securities margin financing; providing automated trading services; and asset management. Web14 Apr 2024 · Keith Choy delivered a major speech on the Hong Kong government's attitude towards increased regulation of DeFi.

10 FAQs when applying for an SFC License in Hong Kong

Web12 May 2024 · firms which are licensed or are to be licensed for Type 9 regulated activities (asset management) and also manage portfolios which invest solely or partially (subject to a de minimis requirement, i.e. the fund has (i) a stated investment objective to invest in virtual assets or (ii) an intention to invest 10% or more of the gross asset value of the portfolio in … Web1 Feb 2024 · The SFC Sandbox, established to provide a confined regulatory environment for qualified firms to operate regulated activities under the SFO before Fintech is used on a fuller scale, the SFC Sandbox is available to both licensed corporations and start-up firms that intend to carry on a regulated activity under the SFO. five alls gosport https://mcneilllehman.com

SFC License Type 9 – HK Law Firm - Timothy Loh LLP

WebA full Licensed Corporation is looking for Responsible Officer to oversee various Regulated Activities 1, 2 & 9. Responsibilities. Act as Responsible Officer with management responsibilities and duties to supervise SFC regulated activities of the firm, such as SFC Type 1, 2 & 9 regulated activities Web9 May 2024 · Schedule 5 of the SFO sets out ten categories of regulated activities. These are: Type 1 Dealing in securities. Type 2 Dealing in futures contracts. Type 3 Leveraged … Web11 Dec 2024 · What are the various regulated activities under the SFO? As per Schedule 5 of SFO, the following qualify as a Regulated Activity: Type 1 – Dealing in Securities Type 2 – Dealing in Futures Contracts Type 3 – Leveraged Foreign Exchange Trading Type 4 – Advising on Securities Type 5 – Advising on Futures Contracts five alls

e-Distribution - SFC

Category:FinTech in Hong Kong: Overview Practical Law

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Sfc licensed activities

New regulatory regime for trustees and custodians of Hong Kong …

WebType 1: dealing in securities Type 2: dealing in future contracts Type 3: leveraged foreign exchange trading Type 4: advising on securities Type 5: advising on futures contracts … WebThe 10 most important things to know about Hong Kong SFC licensing for commodities related activities 1.When do you need a licence? Any person carrying on regulated activities in Hong Kong has to be licensed or registered with the securities and futures commission (“SFC”) unless it falls within a specific exemption category.

Sfc licensed activities

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WebWhile the SFC does not currently regulate virtual asset activities directly unless the virtual asset constitutes a security or a futures contract under the SFO, it announced new rules in 2024 to allow certain virtual asset trading platforms to apply to operate licensed trading platforms, provided that they offer at least one security on their … Web9 Feb 2024 · Licensed for Type 1 regulated activity and carry out certain other regulated activities. You are licensed for Type 1 regulated activity (dealing in securities) and you …

Web1 Mar 2024 · In substance, the SFC considers whether the person’s past experience is directly relevant to the proposed activities to be carried on by the Licensed Provider and the licensed person. The SFC has stated it will take a pragmatic approach to these assessments, and may recognise technology experience if the person has played a key … Web20 Oct 2024 · SFC License Type 1. Dealing in securities. SFC License Type 2. Dealing in futures contracts. SFC License Type 3. Leveraged foreign exchange trading. SFC License …

WebTraining on the Management and Disclosure of Climate-Related Risks for Hong Kong SFC Licensed Fund Managers . HK$780.00; ... AML Series, Type 1 Regulated Activities Related SFC Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Licensed Corporations) (Nov 2024): A Consolidation of all Bits and Pieces ... Web30 Mar 2024 · The Securities and Futures Commission (SFC) published a Consultation Paper setting out proposed regulatory requirements for virtual asset (VA) exchanges licensed …

WebThe statement extends the SFC’s regulation of the activities of licensed portfolio managers to cover their crypto-related services. Where a firm is already or will be licensed for Type 9 regulated activity (asset management) for managing portfolios in traditional securities and/or futures contracts, its management of portfolios (or portions ...

Web25 Feb 2024 · On 28 January 2024, the Hong Kong Securities and Futures Commission ( SFC) and the Hong Kong Monetary Authority ( HKMA) issued a joint circular on … five alls filkins sunday lunchWeb11 May 2024 · The SFO also contains several key provisions applicable to AIs that are registered with the SFC to carry on a business in one or more regulated activities. In general, AIs are subject to the provisions of the SFO in the same way as licensed corporations (i.e., institutions that are licensed by the SFC) in respect of their regulated activities. canine behavioral services near meWeb3 Sep 2024 · When an SFC license is needed The Securities and Futures Ordinance (“ SFO ”) requires firms who carry on a business in a regulated activity (“ RA ”) or who hold … five alls lechlade