At QReg Advisory, we provide a diverse mix of services for clients in the fintech, virtual asset and traditional financial sectors. Led by our founder, Ms Clara Chiu, the former SFC Licensing Director and Fintech Head, we are experienced in handling complicated licensing applications, providing strategic regulatory advice and ongoing compliance consulting services. We also serve overseas clients seeking to expand their businesses to Hong Kong and establish a licensed presence within the jurisdiction.
Our services include:
If you engage in any securities/ futures/ funds/ crypto asset activities in Hong Kong, you may be required to apply for a licence from the SFC. Our experienced team offers bespoke licensing advice on matters such as:
The type of licence(s) required for your business
Addressing and resolving potential regulatory hurdles to any licensing applications
Advising on corporate structure or business plans
Formulating application/ business strategies
We shall guide you through all stages of the licensing process, from pre-licensing planning, preparing and submitting the relevant licensing and ancillary applications, to handling all correspondences with and requisitions from the SFC.
SFC Licence - Traditional Financial Firms
Every application needs strategic planning. We help intermediaries and firms get their licence effectively and meet their regulatory obligations.
Virtual Asset Exchange and Crypto Fund Licence
Our founder is the core architect of Hong Kong’s virtual asset regulatory framework and regulations. We pride ourselves in our unique and unparalleled expertise in this area.
We advise virtual asset exchange operators, crypto fund distributors and managers on a broad spectrum of regulatory and licensing issues.
Whether you are seeking to comply with the SFC's latest requirements, or have doubts as to whether a new business is feasible, our experienced team can advise and represent you in notifying the SFC of any changes in your business activities. Our deep understanding, especially in the area of virtual assets, enables us to have effective communication with the SFC with regard to any unique or complex business models.
Strategic Regulatory Planning and Advice
As a strategic advisory firm with strong regulatory expertise in SFC matters, our mission is to help your business grow through long-term collaboration, and help you navigate through present and upcoming regulatory hurdles through our customised services to address specific challenges you may be facing. Our strategic regulatory advisory services include:
Discussing with you about any regulatory hurdles faced under your current business model, identifying the roadblocks and resolving challenges
Providing forward-looking advice in view of forthcoming updates/ changes in Hong Kong’s regulatory requirements which may impact your business
Identifying regulatory obligations and providing regulatory gap analysis in respect of any new business or product lines
Advice on SFC Inspections and Responses to the SFC
We can support you in any routine SFC inspections. In particular, our founder has designed the SFC inspection programme and led inspection teams. We are experienced in assisting and advising clients in SFC inspections and responding to the SFC if any non-compliance practices are identified.
We have in-house fund legal experts and possess capabilities to provide the following services:
Advising on and preparing documents about fund structures, custodial arrangements, internal controls manual and policies that are best suited to your business needs, and fulfilling relevant regulatory requirements
Handling notifications and/or other relevant applications to the SFC on the launch of a fund, and liaising with the SFC
Other Regulatory Support
If you need any support, please feel free to discuss with us and we can advise on tactful responses to any of SFC’s regulatory inquiries including formal investigations, ad hoc inquiries and disciplinary cases.