Payment & Banking

<p>Hong Kong Stored Value Facility License, SVF) is based on Hong Kong<a href="https://www.elegislation.gov.hk/hk/cap584!sc" target="_blank" rel="nofollow noopener">Payment Systems and Stored Value Facilities Ordinance (Chapter 584)</a>，Depend on<a href="https://www.hkma.gov.hk/gb_chi/key-functions/international-financial-centre/stored-value-facilities-and-retail-payment-systems/regulatory-regime-for-stored-value-facilities/" target="_blank" rel="nofollow noopener">Hong Kong Monetary Authority (HKMA)</a>Review and grant operating licenses to qualified institutions，After approval, you can operate e-wallets in Hong Kong in accordance with the law.、prepaid card、Account balance、Payment settlement and fund storage and other services。The applicant organization must meet the minimum capital、Fund guarantee、Anti-Money Laundering (AML)、risk management、Regulatory requirements such as technical safety and ongoing compliance，It is an important access qualification for developing financial technology and payment businesses.。</p> <p>Hong Kong Huitong provides full-process application consulting services for Hong Kong Stored Value Facility License (SVF License)，Includes licensed structure planning、Business model and compliance plan design、Application document preparation、Risk control and AML system construction、Regulatory communication follow-up and follow-up compliance consultation, etc.，Assist clients to efficiently complete the approval process of the Hong Kong Monetary Authority，Steadyly obtained the qualification to operate payment business in Hong Kong。</p>

Japanese Funds Transfer Industry (FTS) License (also known as Japanese Payment License、Capital Movement Industry Registration、or cross-border remittance license) is issued by<a href="https://www.fsa.go.jp/" rel="nofollow">Japan Financial Services Agency (FSA)</a>Manage according to laws。in recent years<a href="https://laws.e-gov.go.jp/law/421AC0000000059" rel="nofollow">"Fund Settlement Law"</a>After many rounds of revisions，Digital wages have been officially lifted，and fully incorporate cross-border collection agency business into the regulatory system。Hong Kong Express provides applying entities with coverage of local corporate establishment、Fund preservation (Safeguarding) structure construction、Full-case legal compliance agency services for executive qualification review and anti-money laundering (AML/CFT) system implementation。

Japan's electronic settlement and other agency industries (API/EPS) and electronic payment means trading industry (EPIESP) are affected by<a href="https://www.fsa.go.jp/index.html">Japan Financial Services Agency (FSA)</a>and the strict regulation of the Banking Law that came into effect in 2018。The core function of this license is to allow non-bank third-party institutions (such as FinTech companies) to，Through API (application programming interface) and other technical means，Securely connect to banking systems，Execute asset inquiries or transfer instructions on behalf of users。Hong Kong Express provides application entities with coverage of local corporate establishment (KK)、Legal isolation of client funds、Full-case legal compliance and implementation agency services for executive fitness (Fit and Proper) review and anti-money laundering (AML/CFT) framework construction。  

Japanese money lending and consumer credit license (legal name "Loan Gold Industry Registration"，Commonly referred to as MLA license in practice)<a href="https://www.fsa.go.jp/ordinary/kensaku/" rel="nofollow">Japan Financial Services Agency (FSA)</a>and regulated by the local finance bureau in accordance with the "Gold Loan Industry Law"，And accept<a href="https://www.j-fsa.or.jp/" rel="nofollow">Japan Financial Services Association (JFSA)</a>Carry out industry self-discipline management。Approved "loan operators" are legally entitled to provide consumer credit、Corporate finance and secured loan franchises。Unified substantive access standards apply to applications by foreign-invested entities，However, special procedures apply to identity and nationality verification and overseas criminal penetration review.。Hong Kong Express provides applying entities with coverage of Japanese corporate establishment、5000Ten thousand yen net assets compliance capital verification、Daily processing of foreigners’ alternative affidavits and residence status materials、Full-case legal compliance agency services for the implementation of anti-money laundering (AML/CFT) system。

<p>Carrying out any form of money lending business in Hong Kong，must be subject to<a href="https://www.elegislation.gov.hk/hk/cap163?_lang=sc" rel="nofollow">Money Lenders Ordinance (Chapter 163)</a>Regulate and apply for licenses。Ganghuitong provides you with company registration、Local Personnel and Premises Configuration，One-stop licensing compliance services including document preparation and response to police and court review。</p>

Mauritius payment licenses are mainly divided by the Bank of Mauritius (BoM) Issuing payment service provider (PSP) license，and by the Financial Services Commission (FSC) Issuing payment intermediary services (PIS) license。This regulatory system is established in 2018 National Payment System Act。in recent years，Relying on a well-established global business company (GBC) Architecture，Mauritius has become a legal clearing hub for multinational entities to deploy in the African and offshore payment markets.。Hong Kong Huitong provides applicants with covered entity registration、Legal capital verification、Substantive local operations (Substance) Construction and anti-money laundering (AML) Full-case legal agency services for review and docking。

Georgia Payment Service Provider (PSP) and Electronic Money Institution (EMI) License (also commonly referred to as Payment Institution License in statutory classification and practice、Payment system provider license or financial company license) is legally regulated by the National Bank of Georgia (NBG)。Authorization to legally conduct digital payment settlements、Fund remittance and electronic money issuance business franchise。The core statutory advantage of this license is the concession tax exemption policy：If a licensed entity is legally granted “virtual regional entity” status，The digital financial services exported overseas are applicable to 0% corporate income tax rate。Hong Kong Huitong provides registration from local entities、Notarization of a complete set of foreign documents，Go to the internal compliance system to build a special legal agency plan that interfaces with regulatory agencies，Ensure the legal implementation of the project。

in the united states，Money services business (MSB) regulation is divided into two levels: federal and state。At the federal level, the Financial Crimes Enforcement Agency (FinCEN) under the U.S. Department of the Treasury is responsible for registration and anti-money laundering supervision.；At the state level, state financial regulators are responsible for issuing Money Transmitter Licenses (Money Transmitter Licenses)., MTL) license。Engage in cryptocurrency and other related businesses，Must first apply for an MSB license at the federal level as a filing，Then apply separately for MTL licenses from each state，Only in order to legally carry out transactions involving legal currency、Financial services such as virtual currency transactions and fund transfers。Hong Kong Huitong provides you with the establishment of local companies in the United States、Full-process legal representation services from federal MSB filing to state MTL license application。

<p>在美国从事汇款、currency exchange、虚拟货币或其他金钱服务业务，通常需要评估FinCEN的联邦MSB登记及反洗钱义务，并根据实际服务地区判断是否还需取得州级MTL许可。FinCEN登记不等同于经营牌照，也不能替代州级授权、银行尽调或其他监管要求。港汇通可协助美国公司设立、A、业务分类、AML system、FinCEN登记及州级许可材料准备。</p>

<p>在加拿大经营外汇兑换、money transfer、虚拟货币或其他受规管金钱服务，通常需要按照适用法规向FINTRAC登记并建立AML/KYC、Compliance Officer、记录保存及报告制度；如业务涉及支付服务，还应评估加拿大央行RPAA注册要求。Hong Kong Huitong can assist in company establishment、业务分类、合规制度及登记资料准备。MSB登记属于监管登记，不代表银行开户、业务合作或其他许可必然获批。</p>