2024-02-20

Added · Updated

Guidance on Expected Standards on Provision of Custodial Services for Digital Assets by Authorized Institutions

The Hong Kong Monetary Authority issued this guidance to establish expected standards for authorized institutions providing custodial services for digital assets. The document outlines specific operational, security, and governance requirements to ensure the safekeeping of digital assets and protect customer interests. It serves as a regulatory framework to manage risks associated with digital asset custody within the banking sector.

Hong Kong Monetary Authority logo

Hong Kong

Hong Kong Monetary Authority

Click to view thumbnail

CIR

Current

Issue Date:

20 Feb 2024

20240220-12-EN.pdf (601.4 KB)

Topic:

Banking Conduct & Enforcement - Consumer Protection

Keyword:

Group:

All Authorized Institutions

Directly related Document

Cross referenced Document

Version History

Superseded Document

Directly related Document

CIR

Archive

20 Feb 2024

Provision of Custodial Services for Digital Assets

CIR

Archive

20 Feb 2024

Provision of Custodial Services for Digital Assets

Cross referenced Document

Version History

Superseded Document

You may also be interested in

CIR

Current

24 May 2011

Mystery Shopping Programme ("MSP") Findings

Annex 1: Mystery Shopping Programme Findings (HKMA)

CIR

Current

20 Feb 2024

Sale and distribution of tokenised products

CIR

Current

19 Nov 2021

Guidance on Sharing Customer Data by Authorized Institutions for Direct Marketing by Third Parties

Annex: Guidance on Sharing Customer Data by Authorized Institutions for Direct Marketing by Third Parties