REGULATORY CAPITAL REQUIREMENTS |
12 Months Ended | ||
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Mar. 31, 2025 | |||
REGULATORY CAPITAL REQUIREMENTS [Abstract] | |||
REGULATORY CAPITAL REQUIREMENTS |
The Group’s broker-dealer subsidiary, WSI, which is located in Hong Kong, is subject to capital requirements
determined by its respective regulator, the Securities and Futures (Financial Resources) Rules and the Securities and Future Ordinance. Regulatory capital requirements could restrict the operating subsidiary from expanding its
business and declaring dividends if its required capital does not meet regulatory requirements. As of March 31, 2025 and 2024, WSI is required to maintain minimum liquid capital of $385,609 (HK$3.0 million) and $383,342 (HK$3.0 million),
respectively, and was in compliance with its regulatory capital requirements.
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