Regulatory Alerts2026-05-27
Added · Updated
Updated Guidance on Expected Standards on Provision of Custodial Services for Digital Assets by Authorized Institutions
The Hong Kong Monetary Authority has issued updated guidance requiring authorized institutions to implement robust security, governance, and operational controls when safeguarding client digital assets. The revised standards incorporate flexibility for institutions to tailor arrangements to specific asset risks while ensuring compliance with the Stablecoins Ordinance and other applicable legal requirements. Institutions intending to provide or currently offering these services must demonstrate adherence to the new standards and update their systems to meet the latest regulatory expectations.