SFC Licensing Application Advisory
Service Scope
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Provide preliminary advice to management on the regulatory approval process and the types of Regulated Activity (“RA”) license(s) required;1. .
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Provide guidance to management on the requirements for Responsible Officers (“ROs”) and major shareholder and manager in charge, compliant officer, etc.
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Assist management with identifying and sourcing qualified ROs to join the firm;
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Assist in identifying and capturing all the regulatory issues and hurdles that may arise during the application process;
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Advise on the key areas considered by the regulatory authority in granting the RA license;
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Preparation of documentation for submission to the regulatory authority. Tailor it to a standard acceptable by the regulatory authority;
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Preparation of proper documentation in support of the application with management in responding to the queries raised by the regulatory authority during its review of the application documents;
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Attend on behalf and/or accompany management to any meetings with the regulatory authority in order to discuss any issues and concerns arising from the approval process