Please see the Regulated Activities Order 2008 for details of which activities are regulated and which are excluded. In addition please see the Financial Services (Exemptions) Regulations 2008 for specified exemptions from the requirement to hold a licence in certain circumstances. Anybody undertaking regulated activity who is not covered by an exclusion or exemption must apply for a financial services licence. Please see "Applying for a Financial Services Licence" for further details.
The assessment process for licence applicants involves a thorough evaluation to ensure HKFTA ’s fitness and propriety criteria, including integrity, competence and solvency, are met. This evaluation will be carried out in accordance with the general Licensing policy under HKFTA ’s licensing procedure. The General Licensing Policy is supported by the Training and Competency framework. Forms to be submitted by individuals who need to be vetted include the “Personal Questionnaire” and “Bankers Questionnaire” which may be found on the “PQs & BQs” page.
HKFTA ’s Authorisations division is responsible on a day-to-day basis for:
Businesses wishing to commence regulated activities in or from the HKFTA will need to satisfy the licensing policy and should contact the Authorisations division as soon as possible in advance of the desired date for commencing business bearing in mind no such business may be undertaken without a licence.