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28 Mar 2022
This circular serves as a reminder that online submission of corporate license applications will become mandatory from 1 April 2022.
The Securities and Futures Commission (SFC) launched a fully digitalised licensing platform via WINGS on 3 January 2022. The SFC has previously announced that it would continue to accept paper corporate application forms until 31 March 2022 to allow time for the industry to become familiar with the new system.
To date, almost all intermediaries have activated their WINGS accounts. The SFC has processed more than 34,000 licence applications, notifications and regulatory filings submitted through WINGS since the launch of the fully digitalised functions. With the three-month transition expiring, any paper licensing forms submitted to the SFC on or after 1 April 2022 will be returned.
A video, user guides and online demo clips are available on the SFC website to help the industry understand the new features.
Should you have any queries regarding the contents of this circular, please contact your case officer.
Licensing Department
Intermediaries Division
Securities and Futures Commission
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Page last updated: 28 Mar 2022