News list for "Hong Kong Securities and Exchange Commission"
Hong Kong Securities Supervision Commission Chief Executive Leung Fung Yee delivered a keynote address at the Vietnam National Securities Commission Symposium, where she said that differences in global regulatory approaches pose serious challenges to crypto asset liquidity and compliance, and the Hong Kong Securities and Futures Commission has just released a virtual asset roadmap called "ASPIRe", which states that global crypto...
The Hong Kong Securities Supervision Commission today released its newly developed "ASPIRe" roadmap, setting out 12 key measures under the five pillars to enhance the security, innovation and growth of Hong Kong's virtual asset market. The five pillars of the "ASPIRe" roadmap are Access, Safeguards, Products, Infrastructure and Relationships (see annex). These measures will promote global liquidity access, enable security-based adaptive compliance and product frameworks, and promote...
According to NOW Financial reports, the Hong Kong Securities Supervision Commission will announce the virtual asset development roadmap this afternoon. Ye Zhiheng, executive director of the intermediary department of the Securities Supervision Commission, said at the Consensus Forum that it is not difficult to formulate the roadmap, and the focus is on how to implement the roadmap. He revealed that it is not just one road, but includes 12 initiatives. Ye Zhiheng pointed out that on the route...
The Hong Kong Securities Supervision Commission has previously approved the listing of Bitcoin and Ethereum futures and spot exchange traded funds (ETFs). When asked whether it would consider allowing the launch of virtual currency leveraged and inverse (L & I) ETFs, the Chief Executive Officer of the Hong Kong Securities Supervision Commission, Liang Fengyi, responded that it would consider the volatility of the relevant assets, and if the volatility is not large, it will consider approving the...
12:00-21:00 Keywords: Hong Kong Securities Supervision Commission, Barclays, HashKey, Vitalik 1. Kelp DAO will conduct TGE at the end of February; 2. The Hong Kong Securities Supervision Commission held the first meeting of the Virtual Asset Advisory Group; 3. Barclays allegedly owns a $131 million Bitcoin ETF; The Ethereum Holesky testnet upgrade will take place on February 24. 5. Gao Rong Capital invested 30 million USD in HashKey Group; 6. Vitalik: The short-term L1 expansion that can be achi...
According to official news, the Hong Kong Securities Supervision Commission has issued a vision to promote the vigorous development of Hong Kong's fintech ecosystem. On the basis of the current regulatory measures of the Securities Supervision Commission, which include risk-based on-site inspections and direct dialogue with the applicant's senior management and controllers, the Hong Kong Securities Supervision Commission is implementing an expedited license approval process to process virtual as...
The Hong Kong Securities Supervision Commission held a seminar at its headquarters on October 24 to maintain interaction with the industry and further explore the key challenges and opportunities facing the industry. At the seminar, the Hong Kong Securities Supervision Commission shared with the industry its proactive measures to promote the continued growth and stability of Hong Kong's capital markets, as well as recent developments in virtual assets, integrated fund platforms and RMB fixed inc...
The Financial Secretary of Hong Kong, Paul Chan, said that under the leadership of Dr. Wong, the Securities Supervision Commission will continue to implement the dual roles of regulator and market development promoter to ensure the fair, transparent and orderly operation of the local securities and futures markets, and focus on reform and innovation to consolidate and enhance Hong Kong's status as an international financial center. The Hong Kong Securities Supervision Commission has also continu...
According to the updated data on the official website of the Hong Kong Securities Supervision Commission, the application for a virtual asset trading platform license submitted by bitcoinworld to the Hong Kong Securities Supervision Commission has been returned on October 10. According to relevant information, the company name of the virtual asset trading platform operator submitted by bitcoinworld is "Bitcoin World Technology Limited", and the Chinese name is not applicable. Bitcoinworld first ...
The Hong Kong Securities Supervision Commission issued a circular stating that in the process of supervising licensed corporations engaged in the management of private funds and trust accounts, a number of deficiencies and unsatisfactory conduct were identified. Many of the cases involved serious misconduct that posed a significant threat to investors' interests and undermined public confidence in the integrity of the Hong Kong market and Hong Kong's status as an international asset management c...
The Hong Kong Securities Supervision Commission issued a circular stating that in the process of supervising licensed corporations engaged in the management of private funds and trust accounts, a number of deficiencies and unsatisfactory conduct were identified. Many of the cases involved serious misconduct that posed a significant threat to investors' interests and undermined public confidence in the integrity of the Hong Kong market and Hong Kong's status as an international asset management c...
The Securities Industry Financial Review released by the Hong Kong Securities Supervision Commission shows that the total net profit of the securities industry in Hong Kong for the six months ended June 30, 2024 recorded further growth, while the average daily market turnover and the number of active cash and margin customers increased. The Financial Review Report and the latest joint survey between the Securities Supervision Commission and the HKMA show that the industry is increasingly improvi...
The official website of the Hong Kong Securities Supervision Commission updates the application information for a virtual asset trading platform license, which shows that HKDAX has submitted an application for a virtual asset trading platform license to the Hong Kong Securities Supervision Commission on August 27, 2024. The company name of the submitted virtual asset trading platform operator is "Hong Kong Digital Asset Xchange Limited", and there is no Chinese name. As of now, the number of vir...
Li Ziqi, senior director of the investment products department of the Hong Kong Securities Supervision Commission, said that tokenized deposits are an important cornerstone of the entire tokenized ecosystem. It is hoped that when the virtual asset market is mature, the next step will be to promote the opening of secondary market transactions and the use of fund units as collateral, improve the efficiency of market capital utilization, and ultimately promote the tokenization of capital.
The Hong Kong Securities Supervision Commission issued an Anti-Money Laundering/Terrorist Financing Circular to Licensed Corporations, Virtual Asset Service Providers and Associated Entities, which states that the United Nations Security Council (UNSC) Sanctions Committee, which administers the ISIL (Da'esh) and Al Qaeda sanctions regimes, removed an individual from its sanctions list on 23 August 2024 (New York time). Licensed corporations, virtual asset service providers licensed by the Securi...
