The Licensed Financial Services Registry, Hong Kong, (LFSR-HK), are soon to update their licensing procedure for any new firms wishing to be licensed by them.
The new licensing procedure will become effective as of Monday 1st January, 2018.
The new procedure has been introduced due to the growing number of changes to legislation that we must ensure our members conform to and to ensure that we only represent firms who can completely satisfy our stringent acceptance application process.
All firms who were previously licensed by us have all now had their licensing reviewed to ensure it meets with our updated licensing procedure.
Over 90% of these firms passed and can be found listed on our index as they previously were. Firms who were unable to meet the revised procedure have had their listing on our index removed until such time that they provide us with updated information as requested by us on a case by case basis.
If the firm that you wish to search for is not found on our index we advise clients to mail us via email@example.com requesting confirmation of that specific firm’s current licensing status with us.
We apologize for any inconvenience that the improvement to our licensing procedure may cause.