Taking effect in August 2025, the new legislation will bring issuers of fiat-referenced stablecoins into the regulatory perimeter. By Simon Hawkins, Adrian Fong, and Sam Maxson On 21 May 2025, the Legislative Council of Hong...more
7/2/2025
/ AML/CFT ,
Cryptoassets ,
Disclosure Requirements ,
Financial Institutions ,
Hong Kong ,
Hong Kong Monetary Authority (HKMA) ,
Licensing Rules ,
New Legislation ,
Regulatory Requirements ,
Risk Management ,
Stablecoins
The regulatory perimeter continues to expand as the Securities and Futures Commission introduces a comprehensive regime to regulate virtual asset service providers.
This Client Alert reviews key obligations and...more
On 24 June 2022, the Hong Kong government published in the Gazette the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 (Amendment Bill). The Amendment Bill proposes amendments to the Anti-Money...more