In February 2025, the Hong Kong Securities and Futures Commission (SFC) introduced the “A-S-P-I-Re” regulatory roadmap, aiming to bolster the city’s virtual asset (VA) market by balancing innovation with investor protection.
Key Pillars of the ‘A-S-P-I-Re’ Framework:
- Access: Establishing clear licensing regimes for over-the-counter (OTC) trading and custody services to streamline market entry for compliant entities. 香港運輸署
- Safeguards: Enhancing investor protection by optimizing custody technologies and storage ratios, and improving insurance and compensation frameworks. 查爾斯·拉塞爾·斯皮奇利律師事務所
- Products: Expanding the range of permissible VA products, including new token listings and derivatives, tailored for professional investors. 查爾斯·拉塞爾·斯皮奇利律師事務所
- Infrastructure: Modernizing reporting systems and strengthening collaboration with local and international regulators to ensure a resilient and transparent VA ecosystem.
- Relationships: Fostering industry engagement through continuous dialogue, education, and transparent communication to empower stakeholders and build trust within the market.
Navigating these evolving regulations requires specialized expertise to ensure compliance and capitalize on emerging opportunities. As a dedicated compliance consulting firm, we offer tailored services to guide businesses through Hong Kong’s dynamic regulatory landscape. Our team is equipped to assist with licensing processes, develop robust compliance frameworks, and provide strategic insights to align your operations with the latest SFC directives.
For personalized guidance and to stay ahead in the evolving VA market, connect with us today. Our expertise ensures that your business not only complies with current regulations but also thrives in Hong Kong’s burgeoning digital asset environment.