Regulator sets out its expectations for banks looking to provide digital asset custody services, and sell and distribute tokenised products.
On 20 February 2024, the Hong Kong Monetary Authority (HKMA) published two...more
3/5/2024
/ Banks ,
Consultation ,
Corporate Governance ,
Cryptocurrency ,
Custody ,
Digital Assets ,
Due Diligence ,
Financial Institutions ,
Financial Services Industry ,
Hong Kong ,
Hong Kong Monetary Authority (HKMA) ,
New Guidance ,
Risk Management ,
Token Sales ,
Tokenization
On 8 February 2024, the Financial Services and the Treasury Bureau (FSTB) released a consultation paper on its legislative proposal to introduce a regulatory regime governing over-the-counter (OTC) trading of virtual assets...more
The regulatory perimeter continues to expand as the Securities and Futures Commission introduces a comprehensive regime to regulate virtual asset service providers.
This Client Alert reviews key obligations and...more
The latest statements from the government and regulators indicate that Hong Kong is moving forward with enhancing its virtual asset regulatory and legal regime.
The Hong Kong government and the Securities and Futures...more
The SFC issued a statement to clarify its regulatory approach in relation to non-fungible tokens and remind investors of related risks.
On 6 June 2022, the Hong Kong Securities and Futures Commission (SFC) issued a...more
Regulators released comprehensive guidance to banks, intermediaries, and insurers on virtual asset-related activities.
Key Points:
..Banks and intermediaries looking to provide distribution, dealing, and advisory...more