The Equities First subsidiary in Hong Kong last year welcomed a reconfirmation of its license given by Hong Kong Eastern Magistrates Courts. The license will ensure EFH operates as an equities-based lender according to the relevant regulatory and legal requirements applied to its business conduct in Hong Kong. Al Christy, the President and CEO of Equities First, indicated that; Asia is a key part of the company’s world business plan, hence the license portrays EFH’s dedication to deliver its services and products to its clients but also to proceed meeting its legal & regulatory compliance tasks in the process and learn more about Equities First.
To sustain the license, Equities First has continued to meet various conditions as proposed by the Courts including data & privacy requirements, reporting & compliance requirements, marketing & advertising provisions and operational & business practice standards. The EFH money-lender license number is 1309/2016 and is valid till September 2017. The Equities First subsidiary in Hong Kong is also regulated and licensed by Hong Kong Securities & Futures Commission under this number; CE No. is BFJ4067 and more information click here.
Apart from its Hong Kong commerce operations, Equities First runs working facilities in Singapore, Australia, United Kingdom, Switzerland, Thailand, and South Africa including the Company’s headquarter within Indianapolis, Indiana, United States. From 2002, Equities First Holdings has been offering investors with alternative financing tools that is lending capital upon public traded equities enabling clients to cater for their expertise and personal financial obligations. Being securities based lender, Equities First gives capital against the shares transacted on public exchanges around the globe. So far, EFH has managed to finish over 700 transactions valued in excess of $1.4 billion by furnishing clients with high LTV (Loan to Value) ratio stock loans that come with fixed interests proportions. Equities First is thus a world firm with offices within nine countries including fully operated subsidiaries and resume its.