4. Is HashKey XPert a regulated entity?

HashKey XPert currently holds the Hong Kong Trust or Company Service Providers (TCSPs) license which is issued by The Companies Registry in Hong Kong.

The main duties of a TCSP licensee include:

• Obtaining prior approval from the Registrar of Companies (“the Registrar”) for
  a person to become the TCSP licensee’s ultimate owner, partner, or director
• Reporting changes in particulars to the Registrar
• Reporting cessation of business to the Registrar
• Complying with other ongoing obligations of a TCSP licensee, including the statutory requirements relating to customer due diligence and record-keeping

What are the ongoing obligations of a TCSP licensee?

1. To comply with the requirements of the AMLO and the guidelines issued by the CR (including the customer due diligence and record-keeping requirements)
2. To comply with the licensing conditions

Additional information about the TCSPs license provided by The Company Registry:

Guideline on Licensing of Trust or Company Service Provider