Press release
Equities First Holdings Hong Kong Limited Receives Reconfirmation of Hong Kong Money Lenders License
Hong Kong, China -- Equities First Holdings Hong Kong Limited, the Asian subsidiary of Equities First Holdings, LLC (EFH, http://www.equitiesfirst.com) a global securities-based lender and a leader in alternative shareholder financing solutions, has received reconfirmation of its Hong Kong Money Lenders License from the Hong Kong Eastern Magistrates Courts.
This license enables EFH to act as a securities based lender in accordance with relevant legal and regulatory requirements applicable to the conduct of its business in Hong Kong.
"This license represents EFH's commitment to not only deliver our products and services to our clients, but to continue to meet our legal and regulatory compliance obligations in the process." said Al Christy, President and CEO of EFH.
In order to maintain this license, EFH must continue to meet several conditions set forth by the Hong Kong Eastern Magistrates Courts, including data and privacy requirements, reporting and compliance requirements, marketing and advertising provisions, and operational and business practice standards.
EFH's Money Lender License number is 1309/2016, and the license is valid until September 2017.
Equities First Holdings Hong Kong Limited is also licensed and regulated by the Hong Kong Securities and Futures Commission, CE number BFJ407.
In addition to its Hong Kong business operations, EFH maintains locations in the United Kingdom, Australia, Singapore, Thailand, and Switzerland, as well as the company headquarters in Indianapolis, Indiana, USA.
DISCLAIMER
This release is intended for informational use only, and does not constitute an offer, stated or implied, of any type. Equities First Holdings, LLC and all of its subsidiaries work exclusively with individuals classified as sophisticated investors. The Equities First Holdings platform is not intended for retail investors.
About Equities First Holdings
Since 2002, Equities First Holdings, LLC (EFH) has provided clients with alternative financing solutions, supplying capital against publicly traded stock to enable clients to meet their personal and professional goals. As a securities-based lender, EFH provides capital against shares traded on public exchanges around the world. The company has completed more than 700 transactions worth more than $1.4 billion to date, offering customers high loan-to-value at low fixed interest rates.
EFH is a global company with offices in nine countries, including wholly owned subsidiaries Equities First (London) Limited, Equities First Holdings Hong Kong Limited, Equities First Holdings Singapore Limited, and Equities First Holdings (Australia) Pty Ltd. For more information, visit, http://www.equitiesfirst.com.
Media Contact:
Brandon Russell
Equities First Holdings, LLC
10 West Market Street, Suite 3050
Indianapolis, IN 46204
+1-317-429-3500
media@equitiesfirst.com
www.equitiesfirst.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Equities First Holdings Hong Kong Limited Receives Reconfirmation of Hong Kong Money Lenders License here
News-ID: 390517 • Views: …
More Releases from Equities First Holdings, LLC
Equities First Holdings, LLC Repatriates IQE plc Transaction, Returns All Underl …
EFH Concludes Another Successful Financing Transaction, Returning Collateral Valued at More Than £20 Million.
London, UK -- Equities First Holdings, LLC (EFH), a global lender and a leader in shareholder financing solutions, is pleased to announce that Dr. Drew Nelson, chief executive of IQE plc, has concluded a financing agreement into which he entered with EFH in 2014.
EFH has returned all underlying collateral to Dr. Nelson, which at repatriation are valued…
Equities First Holdings, LLC Demonstrates Viability of Securities-Based Lending …
Patience and discipline differentiate EFH from other lenders in the industry.
Indianapolis, IN, USA -- Equities First Holdings, LLC (EFH), a provider of alternative shareholder financing, celebrates 15 years of success this month. The vision of founder and CEO Al Christy, Jr., EFH has successfully completed more than 700 transactions and delivered nearly $1 billion USD to clients over the past 4 years. Christy credits his success to hard-won experience, patience,…
Equities First (London) Limited -- UK Transaction Update and 15th Anniversary St …
London, UK -- Equities First Holdings, LLC (EFH), a global provider of shareholder financing, confirms it has returned all shares used as collateral as part of a loan agreement with Joel Leonoff, chief executive of Paysafe plc as announced by the company on 24 March, 2017 (Details Here: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PAYS/13170785.html). Mr. Leonoff entered into the loan in March 2014 and has repaid his loan in full.
Since establishing its London office in…
Equities First Holdings, LLC Develops Transaction with Australian Company Enviro …
Transaction proceeds will be used to fund research and development projects in India.
Sydney, Australia and Indianapolis, IN, USA -- Equities First Holdings, LLC (EFH), a provider of alternative shareholder financing, and its Australian subsidiary, Equities First Holdings (Australia) Pty Ltd (EFH/A) are pleased to announce that EFH has entered into a transaction with Environmental Clean Technologies Limited (ECT) to provide funding to be used in the development of major projects…
More Releases for Hong
FLOWER DELIVERY HONG KONG Trademark Launches 2026 Mother's Day Flowers Collectio …
FLOWER DELIVERY HONG KONG Trademark has launched its 2026 Mother's Day Flowers Collection, featuring elegant bouquets and floral gifts designed for mums, grandmothers, wives, and mother figures across Hong Kong. The collection includes fresh carnations, roses, orchids, hydrangeas and seasonal flowers, with same-day delivery available before the daily cut-off.
Hong Kong - FLOWER DELIVERY HONG KONG Trademark has officially launched its 2026 Mother's Day Flowers Collection, offering a curated range of…
Hong Kong Tourism Market Is Going to Boom |• Cathay Pacific • Hong Kong Disn …
Worldwide Market Reports has recently published an in-depth research study titled "Hong Kong Tourism Market Size and Forecast 2026-2033: Analysis by Manufacturers, Key Regions, Product Types, and Applications." The report is developed using a robust blend of primary and secondary research methodologies, ensuring accuracy, reliability, and comprehensive market coverage. Leveraging historical data and forward-looking projections, the study presents a detailed evaluation of the Hong Kong Tourism market growth, analyzing trends…
The Hong Kong Monetary Authority Fines DBS Bank (Hong Kong) Over AML Violations!
On July 5, 2024, the Hong Kong Monetary Authority (HKMA) announced that it had imposed a pecuniary penalty of HK$10,000,000 ($1.3 million) on DBS Bank (Hong Kong) for contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). The fine was issued following an investigation that revealed several control deficiencies at DBS Bank:
Failure to Monitor Business Relationships: DBS failed to continuously monitor business relationships and conduct enhanced due diligence in…
Hong Kong Wealth Management Market Report- Business Review, Technology, Top Comp …
Hong Kong Wealth Management Market research report helps in gathering and analysing useful insights such as global market size, forecast and Compound Annual Growth Rate (CAGR) of a particular industry. It also helps in determining the market status, future prospects, growth opportunity, main challenges about the market for any industry. Hong Kong Wealth Management Market research report also provides complete analysis of the industry, current market trend, overview of the…
Country Snapshot: Hong Kong; Overview of the consumer payments market in Hong Ko …
Summary
Hong Kong represents a mature payment card market in Asia, with 25 million payment cards in issue and a population of over 7 million. Despite a high card per customer ratio, Hong Kong is expected to see mild growth in both card numbers and the value of transactions in the coming years.
Key Findings
– Pay-later cards are the fastest growing payment card segment in Hong Kong, mostly driven by the popularity…
Novotel Citygate Hong Kong won 2010 Hong Kong Awards for Environmental Excellenc …
Novotel Citygate Hong Kong’s continuous effort and commitment to the environment has been rewarded with the Bronze award for “2010 Hong Kong Awards for Environmental Excellence – Hotels and Restaurants”, the most prestigious and reputable award scheme in Hong Kong to identify companies with outstanding environmental performance in various sectors.
Rod Munro, General Manager of Novotel Citygate Hong Kong, “2011 has been a rewarding year for the team of Novotel…
