Consultation

This document presents a consolidated response to the Hong Kong SFC Consultation Paper on regulating virtual asset (VA) dealing services. The feedback is based on the collective insights of our members and is submitted on behalf of the FTAHK. We appreciate the opportunity to contribute to this important discussion and support the SFC's goal of establishing a robust and clear regulatory framework...

This document presents a consolidated response to the Hong Kong Securities and Futures Commission (SFC) Consultation Paper on regulating virtual asset (VA) custodian services. The feedback is based on the collective insights of our members, including regulated digital asset custodians and exchanges, law firms, consultants, and other key industry participants, and is submitted on behalf of the...

In December 2023, the Financial Services and the FSTB and the HKMA released a consultation paper on the legislative proposal to implement a regulatory regime for stablecoin issuers in Hong Kong, inviting views from the industry and public on the implementation of a regulatory regime on the issuance of fiat-referenced stablecoins.

Open-banking models possess the potential to enhance competition, foster innovation, and improve accessibility to financial services for consumers and small businesses. They also empower customers by granting them control over the sharing of their data, enabling them to determine when, how, and why it is shared.