HONG KONG - The Fintech Association of Hong Kong (FTAHK) successfully convened its inaugural high-level roundtable on digital asset compliance during Hong Kong Fintech Week 2025, co-hosted with a global financial institution and featuring a leader from the Wolfsberg Group. The session brought together Compliance Officers and key stakeholders from Traditional Finance (TradFi) banks, Virtual Asset (VA) native firms, payment providers, regulators, and Law Enforcement Agencies (LEAs) to forge a unified strategy for financial crime prevention in the digital asset sector.
The discussion featured the first Hong Kong visit of J. Edward Conway, Executive Secretary of The Wolfsberg Group and provided a forum for compliance executives from both TradFi and digital asset sectors to share perspectives on the global financial crime landscape and Hong Kong's specific challenges. The conversation enabled traditional banks and VA firms to gain a deeper understanding of each other's operational frameworks and risk management approaches, identifying practical ways to bridge existing divides.
Following the highly constructive dialogue, the FTAHK is pleased to announce the formation of the Hong Kong Digital Asset Integrity Forum (DAIF). As a formal, regular working group, the Forum will serve as the dedicated, ongoing platform for collaboration and trust-building across Hong Kong’s evolving financial ecosystem.
The DAIF will serve as a powerful platform for open dialogue, facilitated by the FTAHK’s unique position as a trusted bridge between diverse sectors.
"FTAHK’s role is to act as a bridge, creating neutral ground where key players can align on the critical issues of financial crime, risk management, and regulation”, said Ms. Priscilla Adams, Board member of the Fintech Association of Hong Kong. “By fostering direct conversation between banks, digital asset natives, and our regulators, we are building the transparency and trust essential for responsible innovation and business growth". Echoing this sentiment, the Chair of the Board of FTAHK, Ms. Lareina Wang, added that "the Association remains committed to driving collaboration across the industry, uniting stakeholders to shape a stronger, more connected fintech ecosystem in Hong Kong and beyond"."
This collaborative effort is a meaningful step towards strengthening Hong Kong’s position as a leading international hub for finance and technology. The FTAHK is committed to sustaining this momentum with future roundtables and initiatives that continue to drive collaboration and shape the future of finance.
