Hong Kong’s market regulator has reaffirmed its support for improving regulatory standards and risk management in the digital asset sector.
The Securities and Futures Commission (SFC) has voiced its backing for industry efforts to strengthen regulatory compliance for digital asset funds and tokenised funds. The regulator’s support came during a seminar hosted by the Association of Fund Administrators of Hong Kong and the Greater Bay Area (AFA) last week, aimed at raising awareness of compliance practices within the fund management community. The event was attended by over 150 professionals from fund management, digital asset