Yes, if you don't, you can't take this job because you have to help others buy and sell stocks and so on. If you don't have a license, you are not allowed.

A financial license, that is, the business license of a financial institution, is an official document authorizing a financial institution to conduct business. At present, financial licenses are issued by CBRC, CSRC and CIRC respectively. Financial supervision is divided into pre-supervision, in-process supervision and post-supervision. Market access system is the core of prior supervision, and financial license plate is the normal performance of market access system.

Types of financial licenses:

There are 12 kinds of financial licenses that need to be approved in China, including banks, insurance, trusts, brokers, financial leasing, futures, funds, fund subsidiaries, fund sales, third-party payment licenses, micro-loans and pawns.

Seven most important and valuable financial licenses: banking, trust, securities, funds, insurance, futures and leasing.