Payment & Banking

Singapore Payment Services License (often called MPI License in the industry)、SPI license、PSA license or DPT crypto license) is regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA)。The framework divides the business into standard payment institutions (SPI) and large payment institutions (MPI)。2024 Year 8 Starting from month，MAS implements new review rules，Mandatory submission of professional legal opinions and external independent audit evaluation of DPT business。Access review focuses on local substantive management、authorized capital buffer、Customer fund isolation and anti-money laundering (AML) defense line。Hong Kong Express provides applying entities with coverage of local corporate establishment、Executive fitness review (Fit and Proper)、Issuance of legal opinions、Full-case legal agency services for network security audit and MAS administrative interview coaching。

Kazakhstan Payment Services License (Legal name under the AFSA system is "Money Service Provider MSP"，Under the onshore NBK system, it is legally called a “payment institution”，In practice, they are often collectively referred to as FSP/PSP licenses) and are strictly subject to Kazakhstan’s dual-track financial regulations.。According to current laws and 2024 Year 7 moon 1 effective on 10 resolution，Industry access is subject to statutory paid-in capital (up to 3 billion tenge or 40 An absolute verification red line has been set up in terms of the substantial performance of duties (Fit and Proper) of core executives.。Hong Kong Express provides applicant entities with statutory assessments covering the dual-track structure、Corporate establishment、Full-case legal agency services for executive qualification review and anti-money laundering (AML/CFT) penetrating verification.。

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。