Sfc licensed activities
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 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 foreign exchange trading Type 4 Advising on securities Type 5 Advising on futures contracts Type 6 Advising on corporate finance Type 7 Providing automated trading services
Sfc licensed activities
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WebThe SFC Licensing Handbook sets out the requirements for getting an SFC licence, with major areas of focus including: A general fit and proper requirement. Focused on factors such as financial status, qualifications and ability to carry on the regulated activities competently, etc. Incorporation and demonstrable competence.
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 ... 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 May 2024 · The date of the payment is calculated from the previous year of the licensed date, one must submit their returns within 30 days of their licensed month and date. If there is a payment overdue, one’s license will be temporarily revoked. Continuous training. In accordance with the Guidelines on Continuous Professional Training issued by the ... 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 …
Web1 day ago · Unit 3004, Two Exchange Square, 8 Connaught Place, Hong Kong, which is licensed by the Securities and Futures Commission (“SFC”) to conduct Type 1 regulated activities (CE:AQA779). Registered in Hong Kong under the Companies Ordinance (Chapter 622), No. 1173058.
WebBilingual Mode: Eng / 繁 Eng / 简. Show highlight for: Matched Keywords. Cross Reference (s) Source Note (s) dayz witch hatWeb1 Jun 2024 · Key Activities CFIA refers to the following key activities to determine if this licence is required. The key activities include manufacturing, processing, treatment, preservation, packaging, grading, packaging, and labeling of food. Sector-Specific Scenarios gear s3 vs watch 5 proWebAccordingly, insurance intermediaries who conduct these particular activities are required to be authorized under the Insurance Ordinance, but are not required to be licensed by the SFC. In addition to the conduct of insurance business, some insurance intermediaries may separately conduct the regulated activities of advising on, or dealing in, securities or … dayz winter serversWeb19 Dec 2024 · It serves to illustrate that licensed corporations should review whether staff are approved with suitable licenses to conduct their relevant business functions. Under section 114 of the Securities and Futures Ordinance, no one should carry out regulated activities without an SFC license. The rule applies not only to corporation but also ... dayz windstride clothing packWeb27 Aug 2024 · 4. Structure. As previously mentioned, the vast majority of funds structured and managed in Hong Kong are Cayman Islands entities, for primarily 3 reasons - tax efficiency (in Hong Kong, prior to the introduction of the new unified tax regime in April 2024, a non-SFC authorised fund must be "offshore" in order to qualify for a tax exemption ... dayz witch hoodWeb23 Mar 2024 · Fitness and properness: Nonsecurity virtual assets fall outside the SFC's jurisdiction; however, VA-dealing services that involve the trading of nonsecurity virtual assets may affect an intermediary's fitness and properness to stay licensed or registered to conduct regulated activities. Therefore, intermediaries are expected to comply with all the … gears 3 wallpaperWeb15 Jun 2024 · On 12 June 2024, the Securities and Futures Commission (SFC) published its conclusions (Consultation Conclusions) on its December 2024 consultation paper that proposed modifications to the scope of regulated activities ( i.e., activities for which a licence from the SFC is required) that will apply to dealing in, advising on, and providing … gear s3 vs gear fit 2 comparison