1. Home
2. Welcome to the Fintech Contact Point
3. Virtual assets
4. Virtual asset trading platform operators
5. Regulatory requirements

Overview

SFC-licensed virtual asset trading platforms are subject to a wide range of regulatory requirements covering safe custody of assets, Know-Your-Client processes, anti-money laundering/counter-financing of terrorism (AML/CFT), avoidance of conflicts of interest, criteria for admitting virtual assets for trading, prevention of market manipulative and abusive activities, accounting and auditing, risk management and cybersecurity.

Guidelines

1. Guidelines for Virtual Asset Trading Platform Operators
2. Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Licensed Corporations and SFC-licensed Virtual Asset Service Providers)
3. Prevention of Money Laundering and Terrorist Financing Guideline issued by the Securities and Futures Commission for Associated Entities of Licensed Corporations and SFC-licensed Virtual Asset Service Providers

Frequently-asked questions (FAQs)

FAQs are provided to offer a better understanding of the regulatory requirements applicable under the SFO regime and the AMLO regime. Please see:

• FAQs on licensing related matters
• FAQs on conduct related matters

Last update: 6 Sep 2023