Overview
The use of virtual assets (VA) including cryptocurrencies like bitcoin is growing rapidly. It is still an emerging market where we see laws and regulations are adjusted to apply to VA service providers globally.
The Hong Kong government gazetted the Anti-Money Laundering and Counter Terrorist Financing (Amendment) Bill 2022, which to introduce a new licensing regime for virtual assets service providers (VASPs).
This webinar will help those who would like to be VASPs under the new licensing regime and/or financial institutions and compliance professionals who deal with VA-related service or products to
• gain a good understanding of the compliance risks associated with VA
• know how to successfully address VA specific compliance risks and challenges
Content Highlight
• Overview of global and local regulatory focus in VA
• Core elements of VA compliance
• Difference between traditional compliance and VA compliance
• First-hand experience sharing: pin points and best practices
Who Should Attend
This course is primarily targeted at
• responsible officer, managers-in-charge, compliance officer, licenced individuals of SFC’s regulated activities especially RA 1, 4 and 9
• VASP operators and VA managers
It is also applicable to in-house counsel, IT staff and senior management such as directors, CIOs and CEOs of financial institutions.
Instructor / Speaker
Elaine SUN
Administrative Details
Type 4 - Advising on securities
Type 7 - Providing automated trading services
Type 9 - Asset management
Regulatory Compliance
...More