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.
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.
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.
Media
Contact:
Brandon
Russell
+1-317-429-3500
