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Hong Kong Monetary Authority Issues Guidance for Banks on Crypto Custody and Sale of Tokenised Products

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

Hong Kong Regulators Update Guidance for Intermediaries’ Virtual Asset-related Activities

Revamped SFC and HKMA guidance applies to intermediaries that distribute products or provide dealing, advisory, and asset management services related to virtual assets. On 20 October 2023, the Hong Kong Monetary...more

Consultation on Proposed Regulation to Govern Market Soundings in Hong Kong

SFC proposes guidelines for intermediaries conducting and receiving market soundings in securities and capital market transactions. On 11 October 2023, the Securities and Futures Commission (SFC) issued a consultation...more

Hong Kong Regulators Announce Streamlined Approach to Dealing With Sophisticated Professional Investors

The HKMA and the SFC permit relaxation of suitability and other regulatory requirements while dealing with high-net-worth and experienced investors. On 28 July 2023, the Hong Kong Monetary Authority (HKMA) and the...more

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