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Regulatory Requirements
 12 Months Ended
Dec. 31, 2020
Regulatory Assets and Liabilities Disclosure [Abstract]  
Regulatory Requirements

Note 17 - Regulatory Requirements

 

The following table illustrates the minimum regulatory capital as established by the Hong Kong Securities and Futures Commission, the Insurance Authority (Hong Kong) and the Cayman Islands Monetary Authority (CIMA) that the Company’s subsidiaries were required to maintain as of December 31, 2020 and the actual amounts of capital that were maintained.

 

Entity Name  Minimum Regulatory Capital Requirements   Capital Levels Maintained   Excess Net Capital   Percent of requirement Maintained 
Lion International Securities Group Limited  $386,927   $1,043,803   $656,876    270%
Lion Futures Limited   386,927    948,872    561,945    245%
Lion Asset Management Limited   12,898    27,770    14,872    215%
BC Wealth Management Limited   12,898    468,279    455,381    3631%
Lion Broker Limited (Cayman)   537,164    8,426,049    7,888,885    1569%
Total  $1,336,814   $10,914,773   $9,577,959    816%