Topic
Virtual Assets
140 published works
Global Financial Regulatory Blog
Key Regulatory Developments in Hong Kong and Singapore: November 2020
Regulators propose new regulations for virtual asset exchanges and enhanced customer identity verification requirements, and launch an innovative commercial data interchange. By Farhana Sharmeen, Simon Hawkins, Kenneth Y.F. Hui, and…
Global Fintech & Digital Assets Blog
Hong Kong Fintech Week 2020: SFC Announces New Crypto Regulatory Regime for Virtual Asset Exchanges
Hong Kong’s Securities and Futures Commission introduces new licensing regime to regulate previously unregulated markets and restates expectations regarding security token offerings. By Simon Hawkins, Kieran Donovan, and Kenneth Y.F.…
Global Regulation Tomorrow
Hong Kong: Consultation to bring non-securities virtual assets under SFC oversight opens
The Financial Services and Treasury Bureau (FSTB) issued a consultation paper on 3 November 2020 seeking comments on its proposal (the New Regs) to amend Hong Kong’s anti-money laundering legislation…
Global Regulation Tomorrow
Global AML watchdog issues virtual assets red flag indicators
By The Financial regulations: Services tomorrow Team
The Financial Action Task Force (FATF), a global intergovernmental organization that sets standards and policies for anti-money laundering and counter-terrorist financing (AML/CFT) recently issued a report on Virtual Assets Red…
Money Laundering Watch
FATF Identifies Red Flags for Virtual Assets and Money Laundering
The Financial Action Task Force (FATF) recently published a report titled Virtual Assets: Red Flag Indicators of Money Laundering and Terrorist Financing. The report discusses a number of red flag…
Global Regulation Tomorrow
FATF report – virtual assets red flag indicators of money laundering and terrorist financing
On 14 September 2020, the Financial Action Task Force (FATF) published a report, Virtual Assets – Red Flag Indicators of Money Laundering and Terrorist Financing. The report is based on…
Global Regulation Tomorrow
FATF reports on stablecoins and virtual assets
On 7 July 2020, the Financial Action Task Force (FATF) issued a report to G20 Finance Ministers and Central Bank Governors regarding stablecoins. The June 2019 revisions to the FATF…
Global Policy Watch
New Paid Sick Leave Requirements Impact Government Contractors
Recent legislation significantly expanded many workers’ entitlement to paid sick leave and paid family leave. These new benefits take effect on April 1st. Our employment and benefits experts have described…
Global Regulation Tomorrow
The SFC announces new regulatory framework for virtual assets trading platforms
By Etelka Bogardi (HK), Amy Chung
At the Hong Kong Fintech week, the Chief Executive Officer of the Securities and Futures Commission (SFC), Mr Ashley Alder, announced the rollout of a new regulatory framework for virtual…
Global Regulation Tomorrow
FATF update
On 18 October 2019, the Financial Action Task Force (FATF) issued a statement confirming that as part of its mutual evaluations of its members anti-money laundering and counter terrorist financing…