Navigating Hong Kong's
Regulatory Landscape
with Confidence 自信駕馭
香港監管環境 自信驾驭
香港监管环境

The SFC licensing process typically takes 3 to 6 months from application submission to approval, depending on the licence type and complexity of your case. Applications for new licensed corporations generally take longer than individual licence applications. Factors that can affect the timeline include the completeness of your application, the SFC's current workload, and any queries that arise during the review process. Our thorough preparation helps minimise delays. 證監會牌照申請通常需要3至6個月，由提交申請到獲得批准，具體取決於牌照類型及個案的複雜程度。新持牌法團的申請一般比個人牌照申請需時更長。影響時間的因素包括申請的完整性、證監會當前的工作量，以及審查過程中出現的任何查詢。我們的周詳準備有助減少延誤。 证监会牌照申请通常需要3至6个月，由提交申请到获得批准，具体取决于牌照类型及个案的复杂程度。新持牌法团的申请一般比个人牌照申请需时更长。影响时间的因素包括申请的完整性、证监会当前的工作量，以及审查过程中出现的任何查询。我们的周详准备有助减少延误。

Capital requirements vary by licence type. For example, a Type 9 (Asset Management) licence typically requires a minimum paid-up share capital of HK$5 million and liquid capital of HK$3 million. Type 1 (Dealing in Securities) firms holding client assets must maintain higher capital levels. The specific requirements depend on whether you hold client assets, the scope of your activities, and any conditions imposed by the SFC. We provide detailed capital planning as part of our assessment. 資本要求因牌照類型而異。例如，第9類（資產管理）牌照通常要求最低實繳股本為500萬港元，速動資金為300萬港元。持有客戶資產的第1類（證券交易）公司必須維持更高的資本水平。具體要求取決於您是否持有客戶資產、活動範圍及證監會施加的任何條件。我們在評估過程中提供詳細的資本規劃。 资本要求因牌照类型而异。例如，第9类（资产管理）牌照通常要求最低实缴股本为500万港元，速动资金为300万港元。持有客户资产的第1类（证券交易）公司必须维持更高的资本水平。具体要求取决于您是否持有客户资产、活动范围及证监会施加的任何条件。我们在评估过程中提供详细的资本规划。

For SFC licensing, individuals acting as Licensed Representatives or Responsible Officers generally need to pass the relevant regulatory examinations administered by the Hong Kong Securities and Investment Institute (HKSI). These include papers on securities, futures, asset management, and regulatory knowledge. Exemptions may be available based on equivalent overseas qualifications or substantial industry experience. For IA licensing, insurance intermediaries must pass the Insurance Intermediaries Qualifying Examination (IIQE). We can advise you on which exams are required and whether you may qualify for any exemptions. 就證監會牌照而言，擔任持牌代表或負責人員的個人通常需要通過香港證券及投資學會（HKSI）舉辦的相關監管考試。考試涵蓋證券、期貨、資產管理及監管知識。持有同等海外資格或具備豐富行業經驗者可能獲得豁免。就保監局牌照而言，保險中介人必須通過保險中介人資格考試（IIQE）。我們可就所需考試及是否符合豁免資格向您提供建議。 就证监会牌照而言，担任持牌代表或负责人员的个人通常需要通过香港证券及投资学会（HKSI）举办的相关监管考试。考试涵盖证券、期货、资产管理及监管知识。持有同等海外资格或具备丰富行业经验者可能获得豁免。就保监局牌照而言，保险中介人必须通过保险中介人资格考试（IIQE）。我们可就所需考试及是否符合豁免资格向您提供建议。

A Responsible Officer (RO) is an individual approved by the SFC to supervise the regulated activities of a licensed corporation. Every SFC-licensed firm must have at least two ROs for each regulated activity it is licensed to conduct, at least one of whom must be an Executive Director. ROs are personally accountable for ensuring the firm complies with regulatory requirements. Candidates must demonstrate sufficient industry experience (typically 3 years or more in a management capacity within the relevant regulated activity) and pass the SFC competence requirements. We help identify suitable candidates and manage the RO approval process. 負責人員（RO）是經證監會批准監督持牌法團受規管活動的個人。每間證監會持牌公司在其獲准從事的每項受規管活動中，必須至少有兩名負責人員，其中至少一名必須是執行董事。負責人員需就確保公司符合監管要求承擔個人責任。候選人必須具備足夠的行業經驗（通常在相關受規管活動中擔任管理職位3年或以上）並符合證監會的勝任能力要求。我們協助物色合適的候選人並管理負責人員的審批程序。 负责人员（RO）是经证监会批准监督持牌法团受规管活动的个人。每间证监会持牌公司在其获准从事的每项受规管活动中，必须至少有两名负责人员，其中至少一名必须是执行董事。负责人员需就确保公司符合监管要求承担个人责任。候选人必须具备足够的行业经验（通常在相关受规管活动中担任管理职位3年或以上）并符合证监会的胜任能力要求。我们协助物色合适的候选人并管理负责人员的审批程序。

Costs vary depending on the type of licence, the scope of services required, and the complexity of your situation. Expenses typically include our consulting fees, SFC or IA application fees, company incorporation costs (if applicable), professional indemnity insurance, and compliance setup costs. We provide a transparent fee proposal after our initial assessment so there are no surprises. Contact us via WhatsApp for a personalised quote. 費用因牌照類型、所需服務範圍及您情況的複雜程度而異。費用通常包括我們的顧問費、證監會或保監局申請費、公司註冊費（如適用）、專業彌償保險及合規架構設置費用。我們在初步評估後會提供透明的收費方案，確保沒有意外開支。請透過WhatsApp聯繫我們獲取個人化報價。 费用因牌照类型、所需服务范围及您情况的复杂程度而异。费用通常包括我们的顾问费、证监会或保监局申请费、公司注册费（如适用）、专业弥偿保险及合规架构设置费用。我们在初步评估后会提供透明的收费方案，确保没有意外开支。请通过WhatsApp联系我们获取个性化报价。

Yes, overseas firms can apply for SFC and IA licences in Hong Kong. However, they typically need to establish a local presence, such as incorporating a Hong Kong subsidiary or branch office. The SFC and IA require that the firm has adequate local management and supervision, including Hong Kong-based Responsible Officers. We have extensive experience helping international firms establish their regulatory presence in Hong Kong and can guide you through the entire process from company setup to licence approval. 可以，海外公司可以申請香港的證監會及保監局牌照。但通常需要在本地設立據點，例如成立香港子公司或分支機構。證監會及保監局要求公司具備充足的本地管理及監督，包括在香港的負責人員。我們擁有豐富經驗協助國際企業在香港建立監管據點，可引導您完成從公司設立到牌照獲批的整個過程。 可以，海外公司可以申请香港的证监会及保监局牌照。但通常需要在本地设立据点，例如成立香港子公司或分支机构。证监会及保监局要求公司具备充足的本地管理及监督，包括在香港的负责人员。我们拥有丰富经验协助国际企业在香港建立监管据点，可引导您完成从公司设立到牌照获批的整个过程。

The documentation requirements are extensive and vary by licence type. Common requirements include: completed application forms, business plan detailing your proposed activities and target clients, compliance manual and internal control procedures, AML/CFT policies and procedures, organisational chart, proof of capital adequacy, personal declarations and references for key individuals, academic and professional qualifications, proof of relevant experience, certificate of incorporation, articles of association, and audited financial statements (for existing companies). We prepare and review all documentation to ensure completeness and compliance. 文件要求十分廣泛，因牌照類型而異。常見要求包括：填妥的申請表格、詳述擬進行活動及目標客戶的商業計劃書、合規手冊及內部監控程序、反洗錢/反恐融資政策及程序、組織架構圖、資本充足證明、關鍵人員的個人聲明及推薦信、學歷及專業資格、相關經驗證明、公司註冊證書、公司章程細則及經審計財務報表（適用於現有公司）。我們負責準備及審閱所有文件，確保完整性及合規性。 文件要求十分广泛，因牌照类型而异。常见要求包括：填妥的申请表格、详述拟进行活动及目标客户的商业计划书、合规手册及内部监控程序、反洗钱/反恐融资政策及程序、组织架构图、资本充足证明、关键人员的个人声明及推荐信、学历及专业资格、相关经验证明、公司注册证书、公司章程细则及经审计财务报表（适用于现有公司）。我们负责准备及审阅所有文件，确保完整性及合规性。

After licence approval, you must fulfil several ongoing obligations. These include maintaining adequate liquid capital at all times, submitting regular financial returns to the regulator, conducting annual compliance reviews, keeping proper books and records, reporting material changes or breaches promptly, ensuring continuous professional training for staff, and complying with all applicable codes of conduct and guidelines. We offer post-approval compliance packages to help you meet these continuing obligations and stay in good regulatory standing. 牌照獲批後，您須履行多項持續義務。包括隨時維持充足的速動資金、定期向監管機構提交財務報表、進行年度合規審查、妥善保存帳簿及記錄、及時報告重大變更或違規事項、確保員工持續專業培訓，以及遵守所有適用的操守準則及指引。我們提供獲批後的合規服務方案，協助您履行這些持續義務並保持良好的監管紀錄。 牌照获批后，您须履行多项持续义务。包括随时维持充足的速动资金、定期向监管机构提交财务报表、进行年度合规审查、妥善保存账簿及记录、及时报告重大变更或违规事项、确保员工持续专业培训，以及遵守所有适用的操守准则及指引。我们提供获批后的合规服务方案，协助您履行这些持续义务并保持良好的监管纪录。

The SFC (Securities and Futures Commission) regulates firms and individuals involved in securities, futures, and asset management activities. The IA (Insurance Authority) regulates the insurance industry, including insurance companies, brokers, and agents. If your business involves trading, advising on, or managing securities and financial products, you need an SFC licence. If your business involves selling, advising on, or broking insurance products, you need an IA licence. Some businesses may require licences from both regulators. We can assess your situation and advise on which licences you need. 證監會（證券及期貨事務監察委員會）負責監管從事證券、期貨及資產管理活動的公司及個人。保監局（保險業監管局）負責監管保險業，包括保險公司、經紀及代理人。如果您的業務涉及交易、就證券及金融產品提供意見或管理證券及金融產品，您需要證監會牌照。如果您的業務涉及銷售、就保險產品提供意見或經紀保險產品，您需要保監局牌照。部分業務可能需要同時持有兩個監管機構的牌照。我們可以評估您的情況並就所需牌照提供建議。 证监会（证券及期货事务监察委员会）负责监管从事证券、期货及资产管理活动的公司及个人。保监局（保险业监管局）负责监管保险业，包括保险公司、经纪及代理人。如果您的业务涉及交易、就证券及金融产品提供意见或管理证券及金融产品，您需要证监会牌照。如果您的业务涉及销售、就保险产品提供意见或经纪保险产品，您需要保监局牌照。部分业务可能需要同时持有两个监管机构的牌照。我们可以评估您的情况并就所需牌照提供建议。

Yes, we can assist with the acquisition of existing SFC-licensed corporations as an alternative to applying for a new licence. This route can be faster but involves its own set of regulatory approvals, including changes of substantial shareholders, directors, and Responsible Officers. We conduct thorough due diligence and manage all regulatory notifications and applications associated with the transfer. Contact us to discuss whether this approach is suitable for your situation. 可以，我們可以協助收購現有的證監會持牌法團，作為申請新牌照的替代方案。這條路線可能更快，但涉及一系列監管審批，包括大股東、董事及負責人員的變更。我們會進行全面的盡職調查，並管理與轉讓相關的所有監管通知及申請。請聯繫我們，討論這種方式是否適合您的情況。 可以，我们可以协助收购现有的证监会持牌法团，作为申请新牌照的替代方案。这条路线可能更快，但涉及一系列监管审批，包括大股东、董事及负责人员的变更。我们会进行全面的尽职调查，并管理与转让相关的所有监管通知及申请。请联系我们，讨论这种方式是否适合您的情况。