Registry for Trust and Company Service Providers
Unit 1208, 12/F, One Kowloon, 1 Wang Yuen Street, Kowloon Bay, Kowloon, Hong Kong

What's New


16/10/2018
United Nations Security Council Sanctions Against ISIL and Al-Qaida

The list of individuals, groups, undertakings and entities for the purposes of the definitions of relevant person and relevant entity published under section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation was updated on 16 October 2018. For details, please refer to the Updated List.
05/10/2018
United Nations Security Council Sanctions Against ISIL and Al-Qaida

The list of individuals, groups, undertakings and entities for the purposes of the definitions of relevant person and relevant entity published under section 25 of the United Nations Sanctions (ISIL and Al-Qaida) Regulation was updated on 5 October 2018. For details, please refer to the Updated List.
24/09/2018
United Nations Security Council Sanctions Against ISIL, Al-Qaida and Libya

The United Nations Sanctions (ISIL and Al-Qaida) Regulation (“the Regulation”) was gazetted on 21 September 2018 and came into operation on the same day. For details of the Regulation and the list of relevant persons and relevant entities specified by the Regulation, please refer to the relevant Gazette Notice and the relevant List.

Furthermore, the updated list of relevant persons and relevant entities specified by the United Nations Sanctions (Libya) Regulation 2011 (Cap. 537, sub. leg. AW) was published in the Gazette on 21 September 2018. For details, please refer to the relevant Gazette Notice.
18/09/2018
Gazettal of the updated list of relevant persons and relevant entities specified by the United Nations Sanctions (Libya) Regulation 2011 (Cap. 537, sub. leg. AW)

The updated list of relevant persons and relevant entities specified by the United Nations Sanctions (Libya) Regulation 2011 (Cap. 537, sub. leg. AW) was published in the Gazette on 14 September 2018. For details, please refer to the relevant Gazette Notice .
10/08/2018
Updating of the list of relevant persons and relevant entities published under section 31 of the United Nations Sanctions (Democratic People's Republic of Korea) Regulation

The list of relevant persons and relevant entities published under section 31 of the United Nations Sanctions (Democratic People's Republic of Korea) Regulation was updated on 9 August 2018. For details, please refer to the Updated List.
22/06/2018
Gazettal and commencement of the United Nations Sanctions (Democratic People's Republic of Korea) (Amendment) Regulation 2018

The United Nations Sanctions (Democratic People's Republic of Korea) (Amendment) Regulation 2018 (“the Amendment Regulation”) is gazetted on 22 June 2018 and comes into operation on the same day. You can refer to the links below for details.

The Amendment Regulation
https://www.gld.gov.hk/egazette/pdf/20182225/es220182225122.pdf

The list of relevant persons and relevant entities published under section 31 of the United Nations Sanctions (Democratic People's Republic of Korea) Regulation (“the Regulation”)
http://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/Centre_1.pdf

The list of relevant ships published under section 31 of the Regulation
http://www.cedb.gov.hk/citb/doc/en/Policy_Responsibilities/Centre_2.pdf
20/06/2018
Important Reminder: Expiry of the transitional period for existing practitioners to apply for a trust or company service provider licence

You are reminded that the 120-day transitional period for existing practitioners to apply for a trust or company service provider (“TCSP”) licence will end on 28 June 2018.

If any practitioner is currently carrying on a trust or company service business in Hong Kong and has not yet applied for a TCSP licence from the Registrar of Companies, he/she should apply for the licence on or before 28 June 2018, the end of the transitional period.

In the absence of such an application in respect of an existing business, any person who, after 28 June 2018, carries on the TCSP business in Hong Kong without a licence commits an offence under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Cap. 615, and, once convicted, is liable to a maximum fine of $100,000 and imprisonment up to six months.

For detailed information, please visit www.tcsp.cr.gov.hk or call our hotline at 3142 2822.
15/06/2018
Gazettal of lists of relevant persons and relevant entities specified by the United Nations Sanctions Regulations

The updated lists of relevant persons and relevant entities specified by the United Nations Sanctions (Central African Republic) Regulation 2018 (Cap. 537, sub. Leg. CA) and United Nations Sanctions (Libya) Regulation 2011 (Cap. 537, sub. Leg. AW) are published in the Gazette on 15 June 2018. You can refer to the Gazette Notices listed below for details.

Central African Republic
https://www.gld.gov.hk/egazette/pdf/20182224/egn201822244161.pdf

Libya
https://www.gld.gov.hk/egazette/pdf/20182224/egn201822244162.pdf
07/05/2018
Publication of Hong Kong’s Money Laundering and Terrorist Financing Risk Assessment Report

01/03/2018
A New Licensing Regime for Trust or Company Service Providers commences operation

A new licensing regime for trust or company service providers (“TCSPs”) commences operation today.

Under the new licensing regime, TCSPs are required to apply for a licence from the Registrar of Companies and satisfy a “fit-and-proper” test before they can provide trust or company services as a business in Hong Kong. Any person who carries on a trust or company service business in Hong Kong without a licence commits an offence. TCSP licensees are also required to comply with the statutory customer due diligence and record-keeping requirements as set out in Schedule 2 to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Cap. 615.

Applications for TCSP licences can be sent by mail or delivered to a new Registry, the Registry for Trust and Company Service Providers, at Kowloon Bay or made online at www.tcsp.cr.gov.hk.

For details, please visit website www.tcsp.cr.gov.hk.

25/01/2018
A New Licensing Regime for Trust or Company Service Providers

A new licensing regime for trust or company service providers (“TCSPs”) will commence with effect from 1 March 2018.

Under the new licensing regime, TCSPs are required to apply for a licence from the Registrar of Companies and satisfy a “fit-and-proper” test before they can provide trust or company services as a business in Hong Kong. TCSP licensees are also required to comply with the statutory customer due diligence and record-keeping requirements as set out in Schedule 2 to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Cap. 615.

A new office, the Registry for Trust and Company Service Providers, starts operation with immediate effect to handle public enquiries on the new licensing regime.

For details, please refer to Companies Registry External Circular No. 1/2018 and visit website www.tcsp.cr.gov.hk.

A dedicated hotline 3142 2822 has also been set up for handling enquiries relating to the new requirements. The hotline operates from Monday to Friday 9:00 a.m. to 8:00 p.m. and on Saturday 9:00 a.m. to 1:00 p.m. (excluding public holidays). Email enquiries can be sent to enq@tcsp.cr.gov.hk.