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Insights and Analysis

HKMA guidance on digital assets custody: a major step towards enhancing digital trust

On 20 February 2024, the Hong Kong Monetary Authority (HKMA) issued a letter addressed to all authorised institutions (AIs) in Hong Kong to which guidance on expected standards on the...

Insights and Analysis

Tokenisation of financial products – HKMA supervisory standards

On 20 February 2024, the Hong Kong Monetary Authority (HKMA) published a circular setting out supervisory standards which authorised institutions (AIs) are expected follow in the sale and...

Insights and Analysis

Tokenisation of financial products – HKMA supervisory standards

On 20 February 2024, the Hong Kong Monetary Authority (HKMA) published a circular setting out supervisory standards which authorised institutions (AIs) are expected follow in the sale and...

Insights and Analysis

Countering risks of over-the-counter virtual asset service providers: A new proposed regime

On 8 February 2024, the Financial Services and the Treasury Bureau issued a consultation paper to seek comments on proposed further amendments to the Anti-Money Laundering and...

Insights and Analysis

New SFC/HKMA regulatory framework in Hong Kong for dealing with sophisticated professional investors

On 28 July 2023, the Securities and Futures Commission and the Hong Kong Monetary Authority published a joint circular in relation to a new regime which allows intermediaries to apply a...

News

SFC concludes consultation on regulation of virtual asset trading platforms

On 23 May 2023, the Securities and Futures Commission (the "SFC") published conclusions (the "Consultation Conclusions") to its consultation launched in February 2023 on ...

News

Hong Kong SFC consults on licensing requirements for virtual asset trading platform operators

On 20 February 2023, the Securities and Futures Commission (the “SFC”) launched a public consultation (the “Consultation”) to seek views on the proposed requirements ...

Insights and Analysis

A new licensing regime for stablecoins in Hong Kong

In January 2022, the Hong Kong Monetary Authority issued a Discussion Paper on Crypto-assets and Stablecoins, inviting industry comments on the regulatory approach of crypto-assets, in...

News

Hong Kong government policy announcement on virtual asset exchanges - Hong Kong FinTech Week 2022

On 31 October 2022, at the launch of Hong Kong’s Fintech Week, the Financial Services and the Treasury Bureau released a policy statement (the “Policy Statement”)...

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