Individual licensing
Key-person and individual approval requirements
Named persons such as responsible officers, representatives, senior managers, investment adviser representatives, registered representatives, responsible managers, and financial advisers.
Securities and Futures Commission
Hong Kong
Licensed representatives for regulated functions At least two responsible officers for each regulated activity
Open individual requirementsMonetary Authority of Singapore
Singapore
Appointed representatives for regulated activities conducted on behalf of CMS licensees or exempt financial institutions Fit and proper assessment for directors, representatives, substantial shareholders, and key persons
Open individual requirementsFinancial Conduct Authority
United Kingdom
Senior Manager Function approval where a controlled function applies Certification for relevant staff under SM&CR where applicable
Open individual requirementsSEC / FINRA / state securities regulators
United States
Investment adviser representatives may require state registration depending on facts Broker-dealer registered representatives require firm sponsorship, CRD filing, exams, and registration
Open individual requirementsAustralian Securities and Investments Commission
Australia
Responsible managers with appropriate competence and organisational capacity Authorised representatives where services are provided under another licensee
Open individual requirements