Join our FSTB OTC virtual assets consultation

FSTB Public Consultation on Legislative Proposals to Regulate Over-the-Counter Trading of Virtual Assets

The FSTB released a public consultation for seeking views on legislative proposals to regulate over-the-counter (“OTC”) trading of virtual assets (“VA”) through the introduction of a licensing regime for providers of VA OTC services under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.

The purpose of the consultation is to establish a conceptual framework and key parameters of the legislative proposals to put in place a licensing regime for VA OTC services, under which operators will need to be licensed and be required to observe anti-money laundering and counter-terrorist financing (“AML/CTF”) regulations and other regulatory requirements. 

The deadline for responses is April 12. Please contact if you are interested in assisting with drafting a response on behalf of FTAHK.

This is only open to FTAHK members.