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Sfc licensed company

Web24 Nov 2024 · On 12 October 2024, a Hong Kong-licensed corporation was fined HK$1.75 million by the Securities and Futures Commission (SFC) for failure of compliance. The corporation failed to comply with EU regulation regarding short selling and certain aspects of credit default swaps, as well as promptly notifying the SFC of its regulatory breaches. WebThe SFC’s investigation found that between May 2024 and July 2024, Zhonghui International Futures Company Limited (ZIFC), a company licensed under the Securities and Futures …

SFC licensees per firm - Webb-site

Web2 May 2012 · New Anti-Money Laundering And Counter-Terrorist Financing Requirements For SFC Licensed Corporations Effective 1 April 2012. ... Company Registry Search. The CDD requirements for a corporate customer include: (i) confirming that the company is registered and has not been dissolved, wound up, suspended or struck off; (ii) independently ... Web13 Apr 2024 · SFC reprimands and fines Ninety One Hong Kong Limited $1.4 million for unlicensed futures trading 13 Apr Ninety One Hong Kong Limited (NOHK) has been fined $1.4 million by the Securities and Futures Commission (SFC) for executing futures trades without the required license. donald trump football helmet https://manganaro.net

SFC Consultation Paper on Proposed Licensing Regime for...

Weblicensed by the SFC and are not subject to any direct on-going regulatory supervision. As part of Hong Kong's asset management strategy to enhance the safe custody regime for … Web31 Jan 2024 · If you. Please submit. Are a corporation which is not currently licensed and would like to apply for a new licence. • Form 1. • Forms 5 and 6 (at least 2 responsible officers should be nominated) • Supplements 1, 2 (as appropriate) and 3. • Questionnaire 1. • Questionnaire 2 (if applicable) • Application fee. Web9 Feb 2024 · For any corporation that would like to be licensed for Type 9 regulated activity (asset management), the SFC generally expects such corporation to be able to exercise … donald trump financial woes

SFC licensees per firm - Webb-site

Category:HK VASP licensing regime to take effect 1 March 2024

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Sfc licensed company

SFC Licensing FAQs HK Law Firm - Timothy Loh LLP

Web18 Dec 2024 · Hong Kong’s Securities and Futures Commission (SFC) has licensed the first crypto trading platform in Hong Kong. The securities regulator announced Wednesday: It has granted the first licence to a virtual asset trading platform in Hong Kong. The SFC website shows that OSL Digital Securities Ltd. was licensed on Dec. 15. Web5 Jun 2024 · A) The SFC has stated that they are unlikely to be satisfied that a person will be fit and proper to be licensed to act for more than one licensed corporation, unless the licensed...

Sfc licensed company

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WebAny corporation carrying on one or more regulated activities must apply to the SFC for a licence. Only companies incorporated in Hong Kong or an overseas company registered … Web1 Mar 2024 · Licensed Representatives Individuals who will provide VA services on behalf of a VASP, including those who will be its responsible officers, will need to be approved by the SFC as licensed representatives accredited to the VASP. Fit and proper test

WebHe was licensed to carry on Type 1 (dealing in securities) regulated activity under the SFO and was accredited to CAML from ... SFC’s investigation stemmed from a complaint alleging that X conspired with others to manipulate the share price of Company A. 5. The SFC found that X was involved in a scheme operated by certain unknown Web12 Apr 2024 · Hong Kong’s Securities and Futures Commission (SFC) has reprimanded and fined Ninety One Hong Kong Limited (NOHK) $1.4 million for dealing in futures contracts without the required licence.

Web9 Mar 2024 · To understand the relevant SFC license, here is a list of various types of SFC licenses. You can check and match them with your corporation. Type 1 – Dealing in … http://gv-cpa.com/sfc-licensed-corporation-audit/

Web5 Jun 2024 · The SFC has stated that they are unlikely to be satisfied that a person will be fit and proper to be licensed to act for more than one licensed corporation, unless the …

Web3 Sep 2024 · SFC License Requirements for Activities Outside Hong Kong SFC License Type 1: Dealing in Securities SFC License Type 2: Dealing in Futures Contracts SFC License … donald trump food boxWeb20 Oct 2024 · The SFC license requirements extend to a firm actively marketing, whether by itself or another person on its behalf, to the Hong Kong public any services that it … city of brainerd zoning codecity of brainerd mn mapWebPART IV - OTHER REPORTING CONSIDERATIONS: Audit Questionnaire: 115. In order to assist the SFC to carry out its functions of supervising licensed corporations, auditors would normally on a voluntary basis complete an Audit Questionnaire for submission to the SFC, providing information that is not readily available from the audited financial statements. donald trump fox news nowWeb18 May 2024 · In a case of conspiracy to steal and conspiracy to defraud, the SFC imposed a life-time ban on a licensed representative of a broker who stole HK$110.2 million worth of … city of brainerd zoningWeb24 Feb 2024 · Licensed corporations are bound by an election previously made under the Rules but they can apply in writing to the SFC for approval of the withdrawal of such election. A licensed corporation should continue to follow its elections until such time as the SFC has approved their withdrawal. donald trump for house of representativesWeb11 Dec 2024 · There are two different capital requirements that you must meet for getting an SFC license: Minimum Paid Up Capital. Type of Activity. Minimum Paid Up Capital. … donald trump goes crazy on fox news interview