“If these service providers would like to continue their operations in Hong Kong, they have to submit their license applications by 29 February this year,” Hui added. According to the regulator, if the existing service providers cannot meet the relevant requirements set by the SFC, they will ...
as the respective securities and banking authorities of Hong Kong (Regulators), have come a long way since 2016 in shaping the regulatory regime for intermediaries in the virtual assets (VA) space.
Hong Kong's low-tax status, free-market economy, infrastructure and proximity to China and Southeast Asia have ensured that it has maintained its primacy in the competitive financial services world. Ogier established a presence in Hong Kong at the start of 2006, recognising the use of Hong Kong...
The Executive Director, Intermediaries of the SFC, Dr Eric Yip, noted in his keynote address how virtual assets are at the forefront of every financial regulator's agenda today. Hong Kong currently has three SFC-licensed virtual asset trading platforms (VATPs), with 15 more applications being ...
DUBAI, Aug. 28 (Xinhua) -- The Dubai Financial Services Authority (DFSA) and the Securities and Futures Commission (SFC) in Hong Kong entered on Monday an agreement to establish a framework of cooperation on financial technology (FinTech) innovation, the DFSA said in an emailed statement. ...
The United Arab Emirates’ (UAE) Dubai Financial Services Authority (DFSA) and Hong Kong’s Securities and Futures Commission (SFC) are considering offering opportunities for asset managers in Hong Kong to distribute funds in the Dubai International Fina
[iv]Website of the Hong Kong Monetary Authority:https://www.hkma.gov.hk/eng/key-functions/international-financial-centre/wealth-management-connect [v]Website of the Hong Kong Monetary Authority:https://www.hkma.gov.hk/eng/news-and-media/press-releases/2023/09/20230928-4 ...
Hong Kong’s Secretary for Financial Services and the Treasury, Christian Hui,saidlast month that more than 80 companies working in the digital asset space had shown interest in establishing a presence in the city since October 2022. More recently, Hong Kong’s Financial Secretary, Paul Chan, ...
NEW YORK--(BUSINESS WIRE)--Solidus Labs, the leading global crypto-native market integrity and risk monitoring firm, announced it has appointed Clara Chiu, former Fintech Head and Director of Licensing at the Hong Kong Securities and Futures Commission, as a strategic advisor to the company. He...
Wednesday's gains in Hong Kong followed an over four percent advance on Tuesday and were again across the board. The surge came after China's central bank, top securities regulator and financial regulator on Tuesday announced a raft of monetary stimulus, property market support and capital market...