The SFC’s Circular permits Hong Kong licensed VATP operators to integrate order books with affiliated overseas VATPs, enabling cross-platform order matching via a Shared Order Book
Archived Post for "Hong Kong Law"
HKEX Issues Guidance for HKEX Listed Issuers Navigating Opportunities in the Digital Asset Landscape
HKEX Issue 13 newsletter provides guidance for listed companies on digital asset activities and regulatory expectations.
HKEX Listing Regulation and Enforcement Newsletter: “Common Misunderstandings” of HKEX Listco Directors’ Duties
The HKEX addresses a common misunderstanding that delegation absolves directors of their responsibilities. Directors have sometimes argued that where a particular task or responsibility had been delegated and the delegated personnel did not alert them to any issues, there was nothing they could have done to prevent or detect the issuer’s HKEX Listing Rule breach or loss of assets.
Hong Kong SFC Expands VATPs’ Permitted Products and Services
On 3 November 2025, Hong Kong’s SFC issued the Circular on Expansion of Products and Services of Virtual Asset Trading Platforms to allow SFC-licensed VATPs to diversify their range of products and services
New SFC Custody Requirements for VATPs & Investor Warnings re. Stablecoin Market Movements
SFC imposed new custody rules on licensed VATPs in Aug 2025 and, with HKMA, warned investors on stablecoin volatility under the Stablecoins Ordinance.
HKMA Issues Guideline on Supervision of Stablecoin Issuers
The Guideline on Supervision of Stablecoin Issuers sets out how stablecoin issuers licensed by the HKMA under the Stablecoins Ordinance can meet the ongoing licensing criteria under Schedule 2 of the Ordinance
HKEX Listing Rule Changes Effective 4 August 2025 & Further Consultation on Ongoing Public Float
HKEX announces listing rule changes effective 4 August 2025 and launches further consultation on ongoing public float requirements.
SFC & FSTB Consult on Regulation of Virtual Asset Custodians
The FSTB and SFC issued a Public Consultation on a Legislative Proposal to Regulate Virtual Asset Custodian Services on a proposed licensing regime regulating VA custodian service providers in Hong Kong
Hong Kong SFC & FSTB Consult on Licensing Regime for Virtual Asset Dealing Service Providers
FSTB and SFC consult on a new licensing regime for virtual asset dealing services, covering providers and VA fund managers.
HKMA Consultations on Obligations of HKMA-Licensed Stablecoin Issuers
HKMA consults on obligations for licensed stablecoin issuers, addressing compliance, governance, and market stability.