Hong Kong 2006
 GO
Chapter 4:
Financial and Monetary Affairs
Introduction
Hong Kong as an International Financial Centre
Banking Sector
Securities and Futures Sector
Insurance Sector
Mandatory Provident Fund Schemes and Occupational Retirement Schemes
Financial Links between Hong Kong and the Mainland
Enhancing Hong Kong's Competitiveness as an International Financial Centre
Companies Registry
Money Lenders
Bankruptcies, Individual Voluntary Arrangement and Compulsory Winding-up
Professional Accountancy
Monetary Policy
Monetary Situation
Exchange Fund
Home Pages
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Table of Contents Constitution and Administration The Legal System The Economy Financial and Monetary Affairs Commerce and Industry Employment Education Health Food Safety, Environmental Hygiene, Agriculture and Fisheries Social Welfare Housing Land, Public Works and Utilities Transport The Environment Travel and Tourism Public Order Communications, the Media and Information Technology Religion and Custom Recreation, Sport and the Arts Population and Immigration History Appendices PRINT
Money Lenders

Under the Money Lenders Ordinance, anyone wishing to carry on business as a money lender must apply to a licensing court for a licence. The ordinance does not apply to AIs under the Banking Ordinance.

Licence applications are submitted to the Registrar of Companies as Registrar of Money Lenders. During the year, 758 applications were received. Altogether, a total of 740 licences were granted or renewed, involving both new applications and outstanding applications brought forward from the previous year. At year-end, there were 734 licensed money lenders, including those whose applications for renewing their licences were being processed.

 

 

 

 

 

 


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