Hong Kong’s vibrant financial landscape presents vast opportunities for businesses in the money service sector. Navigating the regulatory requirements for Money Service Operators (“MSO”) demands careful compliance with Hong Kong’s…
On 18 December 2024, the Securities and Futures Commission (“SFC”) issued a circular outlining updates to the licensing process and the revamped Second-Phase Assessment[i] for virtual asset trading platforms (“VATPs”)…
As artificial intelligence (“AI”) technologies continue to permeate the financial sector, regulators worldwide have faced challenges in addressing the potential risks associated with their adoption. The Hong Kong Monetary Authority…
In a landmark move, Hong Kong has launched the first spot Bitcoin (BTC) and Ether (ETH) exchange traded funds (“ETFs”) in Asia on 30 April 2024, allowing retail investors to…