Finance
Our Services
Investment in financial products can be confined to one region or one country. It is significant for international investors and investment managers to have access to major financial investment markets and comply with market rules set by local financial regulators.
We assist international investors interested in expanding the financial markets to understand local laws and regulations, access qualifications and declaration procedures to achieve the purpose of compliance operation.
Singapore is an increasingly popular jurisdiction among international investors. Singapore’s growing appeal is due to its stable political structure, strong economy, and good infrastructure and business environment.
Our financial compliance services in Singapore include (not an exhaustive list) ：
- Assistance in the Family Wealth Management Office
- Assistance in applying for Section 13D (formerly 13CA)、Section 13O (formerly 13R)、Section 13U (formerly 13X) scheme and obtaining corresponding tax benefits
- Assistance in the registration of fund management companies, including LFMCs, A/I LFMCs, VFMCs and RFMC.
- Assistance in Singapore Employment Permit applications
The capital market in mainland China started late to the outside world. However, with the further opening of the capital market and the reform of RMB internationalization in recent years, a series of cross-border investment qualification identification systems have been gradually introduced.
Our services include (not an exhaustive list)：
- Assistance in the establishment of private equity funds
- Assistance in fund companies’ application for QDIE qualification (Qualified Domestic Investment Enterprise)
- Assistance in fund companies’ application for QDLP qualification (Qualified Domestic Limited Partner)
- Assistance in fund companies’ application for QFLP qualification (Qualified Foreign Limited Partner)
As one of the most active countries in the world with the most comprehensive regulatory system, financial regulation in the United States is highly complex. Many agencies are assigned to manage and supervise financial institutions and financial markets, including the Federal Reserve Board (FRB), the Federal Deposit Insurance Corporation (FDIC) and the Securities and Exchange Commission (SEC).
In addition, there are also corresponding financial regulators in each state. In the case of the securities and futures industry, for example, the main regulators involved include the SEC, FINRA, NFA and so on.
As Africa’s financial hub, Mauritius has long been regarded as a gateway for investment in Africa. The Mauritius Financial Services Commission (FSC) is also one of the international regulators recognized by the world’s mainstream financial institutions. With the advantages of a fast application process, relatively low cost, convenient foreign exchange transactions, and fewer taxes, Mauritius’s financial license has become a widely recognized offshore regulatory region in the global mainstream market.
The main types of licenses we assist our clients with include (not an exhaustive list)：
- Investment Dealer (Full Service Dealer excluding Underwriting)
- Investment Dealer (Broker)
- Investment Adviser License
As an international financial market, Hong Kong ranks among the best In the global financial market in terms of its rigorous regulatory framework, professionalism, professional knowledge of practitioners and product diversity. Many investors use Hong Kong as a springboard to overseas markets.
The main types of licenses we assist our clients with cover license number 1 to number 9.
The traditionally reserved financial industry has increasingly become one of the industries with the intensive application of digital technology. To varying degrees, financial regulators in countries with major financial markets have applied pilot regulatory frameworks to fintech innovations to create new value for financial consumers.
Several countries with major financial markets have published regulatory frameworks for digital banking (non-physical provision of banking services). Singapore, Brazil and China all have examples of successful digital banks serving local communities, countries and regions.
Mauritius, as an emerging market, published its Digital Banking Guidelines in December 2021. In conjunction with our practice in the use of Fintech, we offer the following advisory services to aspiring applicants for digital banking in Mauritius (not an exhaustive list):
- Application Process Advisory
- Shareholder Structure Advisory
- Risk Management Advisory
- Governance Structure Advisory
- Anti-Money Laundering and Countering Financial Terrorism Advisory
- Financial Consumer Protection and Data Protection Advisory
To create a global smart financial center, regulatory sandbox pilots have been launched in China and Singapore to provide a regulatory environment conducive to the use of technological innovation. Financial institutions or any technology company can apply for a regulatory sandbox pilot, which, after passing an initial regulatory review, allows applicants to experiment with innovative financial products, services or processes in a production environment for a specific environment and fixed time period.
Our services include (not an exhaustive list)：
- Monetary Authority of Singapore Regulatory Sandbox compliance Advisory
- People’s Bank of China Fintech Innovation Regulatory Pilot compliance Advisory
Keep track of regulatory developments
OC continues to pay close attention to the regulatory policies of major financial markets. Together with local financial compliance experts, we provide professional, comprehensive and appropriate advice.
"One-stop" service
OC and its local partners can provide you with one-stop services in the overseas compliance : from company inception, secretarial services, compliance consulting, and license application to dealing with continuous regulatory inquiries, company maintenance, and annual enterprise audit. Our professional consultants will continue to help you with your business journey.
Consultants with diverse backgrounds
OC's compliance consulting experts come from diverse backgrounds in law, finance, compliance, technology, security, brokerage and market, with transnational knowledge and professional qualifications covering Asia Pacific, Europe, Africa and North America.
Grace.Chen@1compliance.group
+8613795200212 (Shanghai)
+6590789010 (Singapore)
www.1compliance.group