Regulatory Alerts2025-07-11
Added · Updated
Gazettal of rules: cryptoassets standard and other updates
The Hong Kong Monetary Authority has gazetled amendments to the Banking (Capital), (Disclosure), and (Exposure Limits) Rules to implement Basel Committee on Banking Supervision standards for cryptoasset exposures. These regulatory updates align local prudential requirements with international practices and enhance clarity within the framework. The rules are scheduled for Legislative Council negative vetting on 16 July 2025 and are expected to take effect on 1 January 2026.