Regulatory Insights

  • Hong Kong Regulatory Update - Virtual Asset Trading Platforms to be Regulated (Nov 2020)

    On 3 November 2020, the Financial Services and Treasury Bureau launched a public consultation on the introduction of a new licensing framework for virtual asset service providers which will be administered by the Hong Kong Securities and Futures Commission.

    The new regime will be introduced under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance to enhance the anti-money laundering and counter-terrorist financing measures currently in Hong Kong.

    For our full update on this, please click here.