The table below sets out the Base Capital Requirement for each Category of Authorised Persons.
|Category||Base Capital Requirement (US $)|
|3C||250,000, except where an Authorised Person has a Financial Services Permission only to carry out the Regulated Activity of Managing a Collective Investment Fund, in which case the Base Capital Requirement is the higher of:
a) 150,000 if the Authorised Person manages a Public Fund or any other type of fund that is available to retail customers; or
b) 50,000 otherwise.
|4||10,000, except where an Authorised Person has a Financial Services Permission to carry out the Regulated Activity of Operating a Private Financing Platform and holds Client Assets, in which case the Base Capital Requirement is 150,000.|