1. Home
2. Regulatory functions
   • Corporates
     • Dual filing
     • Corporate disclosure
     • Takeovers and mergers
     • Unlisted shares, debentures
     • Circulars
     • Consultations and conclusions
     • FAQs
   • Intermediaries
     • Licensing
     • Supervision
   • Products
     • List of publicly offered investment products
     • List of ESG funds
     • Open-ended fund companies
     • Real estate investment trusts
     • Grant Scheme for Open-ended Fund Companies and Real Estate Investment Trusts
     • Circulars
     • Consultations and conclusions
     • Forms & checklists
     • FAQs
     • List of Eligible Collective Investment Schemes under the New Capital Investment Entrant Scheme (New CIES)
     • Quick Reference to FASTrack Applications
   • Markets
     • Market statistics and research
     • Approved or authorised entities
     • Short position reporting
     • OTC derivatives regulatory regime
     • FAQs
     • Mainland-Hong Kong Stock Connect
     • Consultations and conclusions
   • Enforcement
     • Disciplinary proceedings
     • Secrecy provisions
     • Enforcement actions
     • Have you seen these people?
     • Upcoming hearings calendar
     • Circulars
     • Consultations and conclusions
3. Intermediaries
   • Licensing
     • Do you need a licence or registration?
     • Types of intermediary and licensed individual
     • Application procedures
     • Ongoing obligations
     • Quick reference guides to licensing requirements
     • WINGS
     • Annual licensing fees
     • Register of licensees & registered institutions
     • List of modifications or waivers of licensing requirements
     • Circulars
     • Consultations and conclusions
     • Forms
     • FAQs
   • Supervision
     • Supervisory approach
     • Supervisory actions
     • Modifications or waivers
     • List of comparable OTCD jurisdictions
     • Cross-boundary WMC
     • List of jurisdictions with comparable OTCD margin requirements
     • FAQs
     • Circulars
     • Consultations and conclusions
     • Forms
     • Publications and statistics
     • Search regulations by topic
4. Licensing
   • Do you need a licence or registration?
   • Types of intermediary and licensed individual
   • Application procedures
   • Ongoing obligations
   • Quick reference guides to licensing requirements
     • Visiting Professionals
     • Returning Professionals
     • Family Offices
     • Private Equity Firms
     • Hedge Fund Managers
     • Overseas Practitioners
     • Mainland Practitioners
   • WINGS
   • Annual licensing fees
   • Register of licensees & registered institutions
     • Obtaining a printed licence record
     • Important Legal Information about the Public Register of Licensed Persons and Registered Institutions
   • List of modifications or waivers of licensing requirements
   • Circulars
   • Consultations and conclusions
   • Forms
   • FAQs
5. List of modifications or waivers of licensing requirements

To view the list of modifications or waivers granted from 1 April 2003 to 31 December 2020, please click here.

To view the list of modifications or waivers granted on or after 1 January 2021, please click here.

Last update: 17 Oct 2025