Event
Hong Kong SFC's New Virtual Asset Trading Platform Licensing Regime Consultation Paper: What You Need to Know Now
Date: 29 March 2023
Time: 10:00 AM - 11:00 AM China Time
Location: via Webinar
In this webinar, K&L Gates Hong Kong partner Jay Lee will discusses the most important aspects of the Hong Kong Securities and Futures Commission's (SFC) recently published Virtual Assets-related Consultation Paper, which provides a framework of proposed regulations for a Hong Kong virtual asset trading platform licensing regime.
The program will focus on:
- Pre-consultation regulatory frameworks.
- Key pillars of the consultation licensing regime:
- Retail investors' access.
- Token admission and review committee.
- Specific token admission criteria.
- Transitional arrangements.
- Key deadlines.
- Dual licensing regimes of crypto exchanges.
The new regime is expected to have a big impact on crypto industries locally and globally, and it is drawing significant interest from both Hong Kong and overseas industry participants.
