Licensing & Advisory
UpayAsia provides financial institutions and pre-licensed clients withdiversified compliance advisory services: support for applying and maintaining financial-services licenses, providingongoing compliancesupportandinternalreview，licensePlease contact UpayAsia for compliance-reviewed service details.、talentrecruitment()Compliance TechnologyOne-stop solutions are available. Services can be planned alongside payments, AML/client management systems, and Fintech projects (subject to case review and applicable law).
Services
Assist in evaluating feasible license types based on the client's business model and target jurisdiction, and provide advisory support on the acquisition, transfer or cooperation arrangements of existing licenses (subject to case review and applicable laws).
Documentación, políticas, estructura, procesos and comunicación regulatoria en pagos, virtual assets, valores, seguros, fideicomisos, etc.
Soporte post-license: mantenimiento AML/CFT, revisiones anuales, cambios regulatorios e integration AML/CRM.
Service Catalog
Below are compliance and licensing service directions UpayAsia can provide. Actual scope, timeline, and outcomes depend on regulatory review, client background, and applicable law.
Advisory on Type 1–10 regulated activities, HKEX and futures exchange trading rights applications.
New license applications, renewals, and AML frameworks aligned with Customs licensing guidelines.
Insurance intermediaries, dealers in precious metals and stones (DPMS), money lenders, TCSP, trusts, etc.
Outsourced compliance advisory, routine inspections, FRR filings, and SFC inspection support.
Compliance support and on-site inspection preparation under the Insurance Authority (IA) framework.
Due diligence, ownership structure, regulatory applications, and closing-process advisory.
Online continuous training for licensed individuals covering AML, conduct, and regulatory compliance topics.
AML/client management systemsimplementation supporting screening, record keeping, and transaction monitoring.
Company registration, accounting, bank account opening, IT risk assessment, work visas, and talent recruitment.
SFC Licensing
We can help prepare application documents, compliance policies, organizational structure, and SFC communications. Common regulated activity categories below.
| Category | Please contact UpayAsia for compliance-reviewed service details. |
|---|---|
| 1 | Please contact UpayAsia for compliance-reviewed service details. |
| 2 | Please contact UpayAsia for compliance-reviewed service details. |
| 3 | Please contact UpayAsia for compliance-reviewed service details. |
| 4 | Please contact UpayAsia for compliance-reviewed service details. |
| 5 | Please contact UpayAsia for compliance-reviewed service details. |
| 6 | Please contact UpayAsia for compliance-reviewed service details. |
| 7 | service |
| 8 | Please contact UpayAsia for compliance-reviewed service details. |
| 9 | Please contact UpayAsia for compliance-reviewed service details. |
| 10 | service |
| other | HKEX trading rights, futures exchange trading rights; virtual-asset license combinations (per current regulatory framework and case assessment) |
Application typically includes feasibility assessment, document preparation, submission, and regulatory follow-up; after approval, ongoing compliance support can follow.
MSO Licensing
Since 2019, Hong Kong Customs has tightened MSO licensing and renewal requirements; some licensed entities failed to renew for not meeting licensing guidelines and AML requirements. UpayAsia helps new applicants and renewal clients build compliant frameworks and operating processes.
Other Licenses
IA licensing and ongoing compliance; general and long-term business license applications and maintenance.
Registration, AML framework, and operational compliance under the AMLO framework.
License applications, AML framework setup, and independent audit support.
Company secretary and trust-related license applications and compliance maintenance.
VASP license planning under Hong Kong and target jurisdiction frameworks (including Type 1/7 combinations, case by case).
Compliance preparation for stored-value payments and e-wallets.
Ongoing Compliance
licenseapplication，companycomplianceservices that help daily operations meet regulatory requirements with cost-effective, flexible terms.
service:
companyAlso includes compliance impact analysis, full compliance review, licensed staff licensing matters, and mock on-site inspections (under IA framework).
License Transfer
Support clients seeking to acquire or transfer licensed entities to complete transactions within regulatory requirements.
CPT Training
The SFC requires licensed individuals to complete at least 10 hours of continuous professional training annually, covering regulated activities, professional ethics or compliance, and (where applicable) additional regulatory compliance hours for responsible officers. We provide an online CPT platform covering:
Ancillary Services
To support license applications and post-licensing operations, the following support may be provided (case and partnership dependent):
Hong Kong or overseas company registration and company secretarial services.
Accounting services, licensed-corporation financial reporting, and FRR-related support.
Recruitment support for Responsible Officers (RO), compliance officers, and other professionals.
Advisory on personal, corporate, and financial-institution bank account opening.
Information technology risk management and cybersecurity assessment.
Hong Kong work visas and related administrative support.
License Types
The actual categories, regions and results that can be handled are subject to review by regulatory agencies and applicable laws; the following is only a description of the scope of capabilities.
| Category | description |
|---|---|
| service(MSO) | , |
| service(VASP) | cryptocurrency, service |
| Please contact UpayAsia for compliance-reviewed service details. | , |
| Insurance intermediary | license |
| companyservice(TCSP) | companyservice |
| (DPMS) | compliancelicense |
| license | Please contact UpayAsia for compliance-reviewed service details. |
| (SVF) | wallet |
| license | market |
Ongoing Support
Ecosystem
License services can be planned simultaneously with UpayAsia’s other capabilities to avoid the gap between “license but no system” or “system but no compliance”.
AML/client management systems、name screening、transaction monitoring。
Fintech projects、API and platform development.
FAQ
provided. We support licensed corporations and insurance intermediary companies with compliance consulting, document review, inspection support, and CPT arrangements—see the Ongoing Compliance Support section on this page.
Regulators are tightening enforcement of AML frameworks, operating records, and licensing guidelines. We can review existing frameworks and strengthen documentation and processes (case by case).
Not a commitment. Licensing outcomes depend on regulatory review, applicant background, documentation completeness, and applicable law; we provide advisory and preparation support.
Case-by-case assessment of target license type, jurisdiction, and transaction structure, with due diligence and process design under applicable law and regulatory requirements.
Not required. Advisory services can be purchased standalone or bundled with AML systems, payment products, and Fintech projects.
Provide the target region, business type and timetable, and we will first conduct a feasibility assessment.
