Hong Kong Monetary Authority(HKMA)

Compare Hong Kong Money Lenders vs Digital Banks，A distinction should be made between Chapter 163 and Chapter 155、public deposits、3Minimum share capital of HK$100 million bank、Maximum effective interest rate for moneylenders of 48% and presumptive extortionate threshold of 36%，and payments and AML boundaries。

Verification of minimum financial resources of HK$25 million for Hong Kong SVF license、personnel、independent assessment、Float protection、AML/CFT、113,020Hong Kong dollar license fees and ongoing compliance requirements。