STATUTORY FINANCIAL REGULATION & RETRIEVAL GUIDE
Hong Kong SFC Licensed Corporations Statutory Due Diligence & Financial Search Guide
Authoritative statutory guidance grounded in the Securities and Futures Ordinance (Cap. 571) and Companies Ordinance (Cap. 622).
01.
Statutory Licensed Corporation Status & Regulated Activities (Types 1-10 Licences & CE Number)
#SFC
#Licensed Corporation
#CE Number
#Type 9
#Type 1
#Unlicensed Risk
Under Section 114 of the Securities and Futures Ordinance (Cap. 571), carrying on a business in a regulated activity without a license constitutes a serious criminal offence, punishable upon conviction by a fine of up to HK$5,000,000 and 7 years imprisonment. The SFC categorizes financial licensing into 10 regulated activities: primary classes include Type 9 (Asset Management: hedge funds, private equity managers, discretionary family offices), Type 1 (Dealing in Securities: brokerage houses), Type 4 (Advising on Securities: research & equity advisory), and Type 6 (Corporate Finance: IPO sponsors). 86hc.com connects directly to the SFC public register to verify corporate standing, Central Entity (CE) numbers, and scope of authorized activities.
02.
Responsible Officers (RO) & Licensed Representatives Compliance (Section 125 Dual-RO Rule)
#Responsible Officer
#RO
#Licensed Representative
#Dual RO
#Senior Management
Pursuant to Section 125 of the SFO, the SFC enforces a strict "Dual Responsible Officer (RO)" rule: every licensed corporation must employ at least two SFC-approved Responsible Officers for each regulated activity it conducts, with at least one RO serving as an executive director ordinarily resident in Hong Kong. If a key regulated activity loses an RO, the corporation faces immediate regulatory sanctions, licence suspension, or prohibitions against onboarding new clients. 86hc.com tracks RO rosters and licensed representatives to prevent management vacuum risks.
03.
SFC Disciplinary Actions, Public Censures & Penalty Records (SFO Sections 194/196 Compliance)
#Disciplinary Actions
#SFC Penalties
#Public Reprimand
#Cold Shoulder Order
#Fines
Under Sections 194 and 196 of the SFO, the SFC exercises extensive disciplinary powers over non-compliant corporations and individuals, including public reprimands, fines up to HK$10,000,000 or three times the profit gained, license suspensions or revocations, and Cold Shoulder Orders. 86hc.com aggregates historical SFC enforcement statements and court prosecution dockets to uncover compliance breaches, insider dealing, or AML deficiencies.
04.
Companies Registry Document Retrieval (Latest NAR1 Annual Return / ND2A Director Filings)
#Company Search
#NAR1
#ND2A
#NNC1
#Official Filing
#Shareholders
The corporate governance and share capital structure of an SFC-licensed corporation are officially registered with the Hong Kong Companies Registry. 86hc.com provides expedited 15–30 minute retrieval of official registry filings (Form NAR1 detailing shareholders and registered capital, Form NNC1, Form ND2A) bearing official receipt timestamps and anti-counterfeiting ICRIS barcodes for institutional KYC and audit compliance.
05.
Asset Management, Family Office Structures & Banking Compliance (CTC Certification)
#Family Office
#Private Equity
#Hedge Fund
#Certified True Copy
#Bank Account
#CTC
Whether managing private equity funds, hedge funds, or operating single/multi-family offices, statutory certification of licensed standing is essential for bank account opening and cross-border transactions. 86hc.com coordinates with Hong Kong Practising CPAs to issue Certified True Copies (CTC) compliant with HKMA standards, and provides comprehensive support for Tier-1 bank account opening, UBO KYC reviews, and profits tax offshore fund exemptions.