Express
Futu Holdings Applies for Hong Kong VASP License, Actively Expanding into Virtual Asset Field
Summary: According to reports from Zhitong Finance, Futu Holdings (FTFT.US) announced today that its wholly-owned Hong Kong subsidiary, Futu International Securities Futures Limited, has officially signed a commission agreement with a well-known compliance consultant in Hong Kong. They will apply for a Virtual Asset Service Provider (VASP) license from the Securities and Futures Commission (SFC) of ...
According to reports from Zhitong Finance, Futu Holdings (FTFT.US) announced today that its wholly-owned Hong Kong subsidiary, Futu International Securities Futures Limited, has officially signed a commission agreement with a well-known compliance consultant in Hong Kong. They will apply for a Virtual Asset Service Provider (VASP) license from the Securities and Futures Commission (SFC) of Hong Kong, in addition to applying for a No. 9 asset management license, planning to cover both traditional and virtual asset management businesses.
The consultant will conduct a detailed review and evaluation of the company's business model, risk management capabilities, and assist the company in preparing relevant application materials and business plans to submit to the Hong Kong Securities and Futures Commission.
Tags:
Link: Futu Holdings Applies for Hong Kong VASP License, Actively Expanding into Virtual Asset Field [Copy]
