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What are regulatory capital requirements?
SFC licensed corporations are subject to both paid-up and liquid capital requirements. Asset managers licensed for Type 9 regulated activity may be eligible for reduced capital requirements, including nil paid-up capital and liquid capital of HK$100,000 plus a 20 per cent buffer.
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SFC Licensing for Asset Managers in Hong Kong
Spotlight on Capital and Financial Requirements
Did You Know…
4 Facts Regarding SFC Licensing
Exemptions
Private Equity
Capital & Financial Requirements
Common Licensing Conditions
Capital and Financial Requirements
The SFC mandates that licensed asset managers maintain a certain level of capital adequacy.
For a Type 9 licensed corporation, this includes:
Paid up capital of HK$5 million
Minimum liquid capital of at least HK$3 million plus a 20 per cent buffer.
It has no minimum paid up capital and
Its minimum liquid capital is reduced to at least HK$100,000 plus a 20 per cent buffer.
