SFC Licensed Business Buy / Sell
Schedule 5 to the Securities and Futures Ordinance (SFO) stipulates 13 types of regulated activity:
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Type 1 Dealing in securities
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Type 2 Dealing in futures contracts
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Type 3 Leveraged foreign exchange trading
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Type 4 Advising on securities
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Type 5 Advising on futures contracts
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Type 6 Advising on corporate finance
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Type 7 Providing automated trading services
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Type 8 Securities margin financing
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Type 9 Asset management
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Type 10 Providing credit rating services
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Type 11 Dealing in OTC derivative products or advising on OTC derivative products
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Type 12 Providing client clearing services for OTC derivative transactions
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Type 13 Providing depositary services for relevant CISs
Depending on your business needs, you can acquire or apply to become a Securities and Futures Commission (SFC) licensed company. Among them, license for Type 1, 4 and 9 have more demand for acquisition / transfer in the market.
SFC License for Type 1, 4, 9
License for Type 1 Regulated Activities (Dealing in Securities)
Securities Firm:
- It is a securities firm that can provide customers with services for buying and selling securities products.
Introducing Agent:
- It is an introducing agent or a trader, it can only recommend customers to purchase securities products from securities firms.
License for Type 4 Regulated Activity (Advising on Securities)
License for Type 9 Regulated Activity (Asset Management)
Type 9 - Unconditional License (No Condition), Professional Investors (PI) only :
- Client assets can be held, and investors must be professional investors (PI).
- Client’s assets can be transferred directly to the company’s account,
- The entire asset can be invested and managed as a unified account.
Type 9 - Unconditional Licenses (No Condition) :
- Client assets can be held and the investor does not need to be a professional investor (PI).
- The minimum investment amount for customer subscription is very low, and you can manage index funds such as ETFs, interactive funds, etc.
- Client’s assets can be transferred directly to the company’s account,
- The entire asset can be invested and managed as a unified account.
Type 9 - Conditional License, Professional Investors (PI) only
- Client assets cannot be held and investors must be professional investors (PI).
- Separate accounts must be set up for each customer.
- Can manage collective investment schemes "CIS" (private equity funds) that make offers only to professional investors.
The requirements, setup costs, and maintenance costs of Unconditional License (No Condition) are generally higher. You can apply for / acquire SFC licensed companies depending on your business needs.
Please feel free to inquire about the acquisition / transfer of relevant licenses.
Disclaimer
All information on this website is for reference and discussion only. All terms and conditions are subject to the final employment agreement. The information on this website does not constitute a solicitation or offer to buy or sell any security. Before making an investment decision, you should carefully read the offering memorandum or prospectus, which contains important disclosures regarding risks, fees and expenses.
Any third party information used in this website has been obtained from a variety of published and unpublished sources believed to be reliable, but GlobalOne Capital Consulting Ltd. cannot guarantee its accuracy or completeness and is therefore not responsible for any direct or indirect consequences arising out of its use. No liability is assumed for losses.
Past performance is no guarantee of future results. Investment income and investment principal will fluctuate as market conditions change, and you may lose money.
If the relevant services require any license, GlobalOne Capital Consulting Ltd. will introduce the relevant licensed service companies to assist the client in completing the project. GlobalOne Capital Consulting Ltd. will not provide or contact any public securities, fund, bond related products trading or consultation.