Regulatory Alerts2023-12-22
Added · Updated
Joint circular on intermediaries’ virtual asset-related activities
The Securities and Futures Commission, the Insurance Authority, and the Mandatory Superannuation Fund Authority issued this joint circular to regulate intermediaries conducting virtual asset-related activities. The document establishes comprehensive requirements for registered institutions regarding the provision of services related to virtual assets, including operational standards and compliance obligations. It serves as the primary regulatory framework guiding how financial intermediaries must manage risks and adhere to legal standards when engaging with virtual asset markets.
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